Macy's Is Shutting Down Even More Stores This Year Than ... - MSN
WEBMacy’s is the latest department store to announce more closures than what was expected before. Previously, the chain announced that it would be closing 50 stores by the end of 2024, according to ...
Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten
WEBAfter earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300...
Macy’s rejected a takeover offer and is betting on itself
WEBJul 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.
Macy’s, Inc. Announces Early Tender Results of Debt Tender Offer
WEB4 days ago · Macy’s, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid ...
Macy’s sells store at South Florida mall for $15 million
WEB4 days ago · Macy’s sold its department store at the Boynton Beach Mall to the mall's owner, which has a redevelopment plan in the works. The Cincinnati-based retailer (NYSE: M) sold the 224,396-square-foot ...
Macy’s Will Close 150 Stores but Expand ... - The New York Times
WEBFeb 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 will close 150 stores, open new Bloomingdale's, Bluemercury
WEBFeb 27, 2024 · Brendan Mcdermid | Reuters. Sales at Macy’s namesake stores have lagged the most — and that business will see the biggest changes. The company plans to close about 150 stores, including 50 that...
Macy's ends buyout talks with Arkhouse and Brigade - CNBC
WEBJul 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, Inc. Announces “A Bold New Chapter” – Challenging the …
WEBFebruary 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 to close 150 stores and will open new ... - Associated Press News
WEBFeb 27, 2024 · Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end. The company made the announcement Tuesday after posting a fourth-quarter loss and declining sales.