Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
WEBFebruary 27, 2024. Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations. Focuses Macy's resources by closing approximately 150 underproductive locations through 2026. Prioritizes Macy’s investments in approximately 350 go-forward locations.
Macy’s, Inc. Announces Early Tender Results of Debt Tender Offer
WEB2 days ago · Macy’s, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid ...
Macy's to close 150 stores and will open new ... - Associated Press News
WEBFeb 27, 2024 · Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Macy’s rejected a takeover offer and is betting on itself
WEBJul 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
WEBFeb 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...
Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in …
WEBMay 21, 2024 · Macy’s, the largest department store chain in the United States, reported a decline in sales Tuesday for the first quarter of the year, a sign that American shoppers were continuing to pull...
Macy’s tops expectations for the first ... - Associated Press News
WEBMay 21, 2024 · NEW YORK (AP) — Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Yet the quarterly results Tuesday beat Wall Street expectations.
Macy's (M) Embraces Transformation With A Bold New Chapter
WEBMay 29, 2024 · Macy's (M) is transforming with its "A Bold New Chapter" strategy, modernizing operations, and leveraging AI to boost efficiency and ensure sustainable growth in the competitive retail sector.
Macy's receives a higher buyout offer of $6.6 billion after ... - CBS News
WEBMar 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 soar on report of buyout offer | CNN Business
WEBDec 11, 2023 · Shares of Macy’s soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year old retailer closely associated with the holiday season might itself be bought.
Skip to content