Macy's CEO talks store's turnaround, 'Bold New Chapter' strategy
2 days ago · Macy's (M) Chairman and CEO Tony Spring took the helm of the nearly 100-year-old department store in February of this year. With Macy's facing falling sales, losing market share, and receiving ...
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
February 27, 2024. Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations. Focuses Macy's resources by closing approximately 150 underproductive locations through 2026. Prioritizes Macy’s investments in approximately 350 go-forward locations.
Macy’s rejected a takeover offer and is betting on itself
Jul 15, 2024 · Macy’s board of directors voted unanimously to end discussions with Arkhouse Management and Brigade Capital Management over the investors’ offers to acquire the chain.
How Macy’s CFO/COO helps lead a three-part strategy with the …
2 days ago · Good morning. With Thanksgiving Day just around the corner, Macy’s Inc. is gearing up for the 98th edition of its renowned annual parade. The task of keeping the company in business for more ...
Macy’s Will Close 150 Stores but Expand ... - The New York Times
Feb 27, 2024 · Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and...
Macy’s rejects a $5.8 billion unsolicited takeover offer
Jan 22, 2024 · Macy’s has rejected a $5.8 billion offer to take the 165-year-old retailer private, announcing late Sunday that the “unsolicited proposal lacks compelling value.”
Macy's ends buyout talks with Arkhouse and Brigade after ... - NBC News
Jul 15, 2024 · Department store Macy’s said Monday its board has unanimously decided to end negotiations with the activist group that had been looking to take the retailer private for roughly $6.9 billion,...
Macy’s shares soar on report of buyout offer | CNN Business
Dec 11, 2023 · Shares of Macy’s soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year old retailer closely associated with the holiday season might itself be bought.
Macy's receives a higher buyout offer of $6.6 billion after ... - CBS News
Mar 4, 2024 · Macy's has received a higher buyout offer from two investment firms, Arkhouse Management and Brigade Capital Management, weeks after the department store chain rejected their prior takeover bid...
Macy’s buyout bid increased by investor group again - Yahoo Finance
Jul 4, 2024 · The increased bid represents a nearly 43% premium over Macy's closing stock price in early December, when takeover talks first surfaced. Macy's has been struggling in recent years, with...
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