Macy’s
Report: Activist Investor Starboard Exits Macy's Stock
The move gives Macy's incoming chief executive officer Jeff Gennette more space to execute on the company's turnaround plan.
A Neiman-Saks Merger Would Create Luxury Empire at Risky Moment
The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.
Report: Hudson's Bay's Bid for Macy's Stumbles
Macy's is skeptical that Hudson's Bay can raise the necessary financing for its bid, and it is not currently engaged in any negotiations about a possible deal.
Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value
The move underscores the pressing need for the two chains to better monetise their real estate assets.
Macy's Tops Fourth Quarter Profit Forecasts
Macy's Inc. is reporting fiscal fourth-quarter net income of $475 million.
Macy’s Bonds Fall Back as Payment for Takeover Become Less Clear
Trading volume in Macy’s bonds surged about 500 percent after the Wall Street Journal reported on Feb. 2 that Hudson’s Bay had initiated takeover talks.
Macy's Shares Could Rise by 50 Percent in a Sale
A potential sale, particularly one with a spinoff of the company's real estate assets, could boost Macy's stock to $45 to $50, according to a report this weekend.
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
A Hudson's Bay Takeover Could Mean the End of Macy's
Hudson's Bay is a shrewd real-estate operator more interested in the big buildings that house the clothes and shoes Macy's sells than the retail operation itself.
A Day of Reckoning for American Department Stores?
2017 could bring a final judgment for some of America’s biggest department store players, which have long faced serious headwinds.