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Activist Investor Arkhouse Reconsiders Macy's Takeover Bid — Here's What Lies Ahead
Sunday, May 25, 2025 - 1:22pm | 434The activist investor who previously proposed a $6.9 billion buyout offer for Macy’s Inc. (NYSE:M) is reportedly considering a new takeover bid. This comes nearly a year after Macy’s rejected the initial offer. What Happened: Arkhouse, in collaboration with Brigade Capital...
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Here Is What You Can Expect At Major US Stores Following CDC's New Mask Guidance
Saturday, May 15, 2021 - 1:37pm | 563The Centers for Disease Control (CDC) has relaxed mask-wearing rules for those fully vaccinated against COVID-19. According to the CDC, fully vaccinated people can resume activities without wearing a mask or physically distancing, except where required by federal, state, local, tribal...
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Lundgren Says Macy's Is Always Pursuing M&A
Saturday, April 22, 2017 - 11:45am | 376Macy's Inc (NYSE: M) former CEO and now executive chairman, Terry Lundgren, was interviewed by CNBC's Courtney Reagan at the sidelines of the Global Retailing Conference. Physical Stores Need To Be Improved Lundgren stated the company is "very pleased" with its online business,...
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Macy's Tech Attracts Shoppers
Friday, October 31, 2014 - 10:33am | 769Macy's, Inc. (NYSE: M) continues to innovate its way to a retail leadership position. Lately it has invested in serving the needs of its technologically savvy consumer. According to Macy's, one of its tech investments yields a 600-percent return. That's probably because so many...
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One Analyst Thinks Joe Fresh Might Just Work for JC Penney
Monday, March 18, 2013 - 4:23pm | 528J.C. Penney(NYSE: JCP) is up $1.29, more than eight percent on news that ISI Group analyst Omar Saad said in a note to investors that the retailer may decide to convert its 300 top locations into a real estate investment trust, or REITs. With this move, the company could sublet space to other...