Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
Feb 27, 2024 · NEW YORK-- (BUSINESS WIRE)-- Macy’s, Inc. (NYSE: M) today announces its new strategy, A Bold New Chapter, designed to return Macy’s, Inc. to enterprise growth.
Macy’s rejected a takeover offer and is betting on itself
Jul 15, 2024 · Macy’s management ended talks with private investors attempting to take over the company and will pursue its own turnaround strategy to remake the chain.
Macy’s Will Close 150 Stores but Expand ... - The New York Times
Feb 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...
How Macy’s became a takeover target | CNN Business
Dec 12, 2023 · New York CNN — Macy’s has struggled for years against rising competition and shoppers migrating away from department stores. Now, a group of investors reportedly wants to take Macy’s private at...
Macy's receives a higher buyout offer of $6.6 billion after ... - CBS News
Mar 4, 2024 · Two investment firms, Arkhouse and Brigade, upped their offer for Macy's after the retail chain rejected their earlier $5.8 billion bid.
Macy's shares surge 21% after it receives $5.8 billion buyout offer
Dec 11, 2023 · Macy’s shares surge following a $5.8 billion buyout offer. Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar …
Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’
Jan 22, 2024 · Macy’s rejected a $5.8 billion takeover bid late Sunday that valued the struggling department store chain at roughly 20 percent above its closing share price on Friday, but suggested it was...
Macy's to cut more than 2,300 jobs and close five stores - NBC News
Jan 19, 2024 · Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.
Macy's Inc. - The New York Times
News about Macy's Inc., including commentary and archival articles published in The New York Times.
Macy’s is laying off workers and closing five stores - CNN
Jan 18, 2024 · Veteran department-store chain Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the...