America’s biggest department store has rejected a takeover. Now what? Source link
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:max_bytes(150000):strip_icc()/GettyImages-2155471226-44c75e676bfb4b7d9747ccb3afd33ad7.jpg?w=780&resize=780,470&ssl=1 "Macy’s, Tesla, Coinbase Global, and More")
Key Takeaways The S&P 500 and Nasdaq added to their record highs as the latest report on U.S. unemployment was…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2153330308-b04a4e99c29648d4b6d7c6ddbe4af78e.jpg?w=780&resize=780,470&ssl=1 "Macy’s Stock Soars on Reported Increased Takeover Offer")
Key Takeaways Activist investor Arkhouse Management and its partner, Brigade Capital Management, are said to have once again raised their…
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Macy’s has launched its Summer’s Greatest Hits campaign and it features R&B singer Amber Mark putting her spin on the…
Read More »:max_bytes(150000):strip_icc()/INV_Macys_HeraldSquare_GettyImages-1945282910-556fbb01ddef45a6acaed303ad9d3484.jpg?w=780&resize=780,470&ssl=1 "Macy’s Stock Rises as Q1 Results Fall Less Than Expected")
Key Takeaways Macy’s shares rose Tuesday as the retailer reported first-quarter results that declined from last year’s levels, but not…
Read More »:max_bytes(150000):strip_icc()/michael-kors-macys-sale-tout-158cbfd7297f4e8bbbd93a04e244dc0c.jpg?w=780&resize=780,470&ssl=1 "Macy’s Michael Kors Sale on Bags, Jewelry, and Clothing Has Deals Up to 60% Off")
The brand Michael Kors is known for its gorgeous, high-quality bags, clothing, shoes, and jewelry, as well as its often…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2032914182-839286f15ee14b9caf68f710fbf0fd47.jpg?w=780&resize=780,470&ssl=1 "Macy’s Appoints Activist Investor Board Picks, Ending Proxy Fight")
Key Takeaways Macy’s on Wednesday appointed two new board members backed by activist investor Arkhouse Management, ending a proxy fight…
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Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $1 billion, in hopes of taking…
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Macy’s will layoff 3.5% of its employees, approximately 2,350 positions and shutter five stores. getty Following a year when retail…
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