Macy's Inc

New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Activist investment firm Barington Capital Group and real estate development company Thor Equities have taken a stake in Macy’s Inc. and are…

Macy’s Delays Q3 Earnings to Investigate Financial Irregularity

Macy’s reported preliminary earnings for its Q3 2024, which ended Nov. 2, 2024, but has delayed the full release of results while…

Macy’s Ends Buyout Talks with Arkhouse, Brigade; Looks Ahead to Company’s ‘Bold New Chapter’

Macy’s board of directors has unanimously agreed to terminate buyout discussions with Arkhouse Management and Brigade Capital Management following months of negotiations…

Execs from Macy’s, ThredUp, Google, DoorDash and More Cut Through the AI Hype

Amara’s Law posits that humans tend to overestimate the impact of new technologies in the short term but underestimate their impact in…

Macy’s Appoints Former Walmart Connect Exec to Lead Retail Media Network

Macy’s, Inc. has appointed Michael Krans as VP of Macy’s Media Network, where he will oversee the company’s in-house media business dedicated…

Tony Spring Officially Takes the Helm at Macy’s

After serving as President and CEO-elect for the past year, Tony Spring will officially take the top leadership role at Macy’s Inc….

UPDATED: Activist Investor Pushes for Response to Takeover Bid as Macy’s Announces Layoffs, Store Closures

[Editor’s Note 1/23/24: This story was updated on Jan. 22 to include details from a Jan. 21 statement from Macy’s, Inc. investor…

Investors Propose to Take Macy’s Private with $5.8 Billion Buyout Bid

An investor group composed of real estate investment firm Arkhouse Management and asset manager Brigade Capital have submitted a $5.8 billion bid…

Macy’s Brings in McKinsey Consultant as New Chief Customer and Digital Officer

Macy’s, Inc. has appointed Massimo (Max) Magni as its new Chief Customer and Digital Officer. Magni will begin on Aug. 21, 2023…

Macy’s Declines to Spin Off Ecommerce Operations, Citing ‘High Execution Risk’

Following better-than-expected Q4 and full-year 2021 results, the Macy’s, Inc. Board of Directors announced that the company’s ecommerce operations will remain integrated…

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