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 ...
On Monday, activist Barington Capital, which has built a position in Macy’s Inc., called on the retailer to put its real estate into a separate property company within the group, cut investment and ...
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for ...