The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself — an untenable situation that masks the true value of the company. Macy’s struggles are making ...
Macy’s has operated a department store in downtown Brooklyn on Fulton Street since 1995. Bloomberg via Getty Images That equates to just over $50 a square foot — a small fraction of the $250 a ...
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's ...
Activist investor Barington Capital has built a position in Macy’s and plans to push the department-store chain to make changes to boost its slumping stock, including the creation of a separate ...