Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand ...
Shares of department store chain Macy’s (NYSE:M) fell 7.3% in the afternoon session after the company disclosed disappointing ...
Whether the company is more open to Barington's and Thor's ideas for shareholder value creation remains to be seen, but the activist pressure should keep Macy's Board of Directors plenty motivated to ...
“The Macy’s Board of Directors and management team are committed to delivering sustainable, profitable growth and driving shareholder value. We have consistently demonstrated open-mindedness ...
A U.S. appeals court on Tuesday rejected Macy's claims that the National Labor Relations Board lacked the power to order the ...
Barington also wants to add its representatives and those of partner Thor Equities, a property owner, to Macy’s board of directors. The duo’s biggest gripe with Macy’s is the company’s ...
They also want to add representatives to Macy’s board of directors. This would be Macy’s second bout with an activist investor in the span of about a year; last December, Arkhouse Management ...
But this has not stopped private equity firms from aggressively expanding their presence on Macy’s board of directors and pressing to liquidate more stores based on their potential real estate ...
Macy’s, Inc. (NYSE: M) today announced the appointment of a new independent director, Robert Chavez, to its Board of Directors (the “Board”), effective April 1, 2025. Chavez has spent the entirety of ...
Robert Chavez, who most recently served for 24 years as president and chief executive officer of Hermès Americas, will join Macy’s Inc.’s board of directors on April 1. In a statement Monday ...
Officials believe the mixed-use redevelopment will be ready before the Sixers arena opens down the street in 2031.
Macy’s (M) confirmed the closure of 66 Macy’s non-go-forward store locations. “These closures are a part of the Bold New Chapter strategy, ...