Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of ...
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal caused by one employee. The employee, who no longer works for Macy ...
The investors estimate that Macy's bricks-and-mortar portfolio, which includes 521 stores across the country, is worth between $5 billion and $9 billion. The investor group says Macy's could ...
Macy’s is facing a rough holiday season after revealing disappointing sales figures and slashing its profit outlook. The grim outlook provided by bosses this morning has sparked fears for the ...
As part of an effort to get items to customers quicker, Macy’s has opened up mini distribution centers inside 35 retail stores to handle online orders. (Photo: Shutterstock) In late 2024 ...
(Bloomberg) -- Macy’s Inc. trimmed its profit outlook after concluding its investigation into an employee that hid millions of dollars in expenses. The misstatement of delivery expenses will ...
Macy’s would be more valuable if it just shut down its business and sold everything off for parts. That’s the argument activist investment firm Barington Capital and private equity firm Thor ...