Activist investor Barington Capital revealed Monday it has a position in Macy’s and wants the company to cut spending, explore selling its luxury brands and take a hard look at its real estate portfolio.

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Macy’s is in deep trouble. It could be sitting on a goldmine

NEW YORK (AP) — Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday. The presentation to Macy’s shareholders comes after Barington Capital, which has stakes in such b…

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Activist investors urge Macy's to create a real estate unit among other changes to boost stock

Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other...

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Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale's and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday.

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By Nathaniel Meyersohn and Chris Isidore, CNN New York (CNN) — 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 Equities said in a proposal Monday that called on the company to make drastic changes to boost its stock price. The problem, they say, is Macy’s is sitting on real estate that is more valuable th…

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Macy's faces its fourth activist push in the last decade as it tries to turn around struggling stores.

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Another activist takes aim at Macy's, seeking spending cuts and real estate restructuring

NEW YORK, Dec. 9, 2024 /PRNewswire/ -- It is with profound sadness that TGM mourns the death of its Co-founder and Managing Principal, Steven C. Macy (1949-2024). Steve, real estate executive, husband, brother, uncle, friend, mentor, proud parent and grandparent, and oracle of wisdom who told endless anecdotes, died in New York on December 2nd. Steve was a dynamic leader with a breadth of interests and knowledge that matched his energy, enthusia…

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TGM MOURNS DEATH OF CO-FOUNDER AND MANAGING PRINCIPAL STEVEN C. MACY

Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, according to new information.

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Macy's real estate, spending cuts the target of new activist investors of retail giant

Two of the company’s investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.

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Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes

Learn about Macy's response to activist investor pressure and their commitment to delivering growth and driving shareholder value.

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Macy's defends itself as a notable activist investor digs in

Anson Funds Management has taken a stake in the studio and has gone to leadership to push to consider several paths.

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Activist investors urge Macy's to create a real estate unit among other changes to boost stock

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