by Mike Duff | Jan 22, 2024 | Featured News, Retail Articles
Macy’s issued its first public response to an unsolicited, non-binding proposal from Arkhouse Management Co. and Brigade Capital Management on December 1 to acquire all outstanding Macy’s shares for $21 per share in cash. Macy’s management stated its board...
by Mike Duff | Jan 19, 2024 | Retail Articles
As it reshapes its store portfolio, Macy’s is closing five more of its full-line department stores across the United States. In response to a HomePage News inquiry, a company spokesperson replied the company would close full-line locations located in Tallahassee, FL,...
by Mike Duff | Dec 15, 2023 | Retail Articles
To help consumers with their late-season shopping needs, Macy’s is promoting its Gift Finder as a service that offers inspiration, value and what the company deems favorite brands. Shoppers can access Macy’s gift assortment from home, through the retailer’s mobile...
by Mike Duff | Dec 12, 2023 | Featured News, Retail Articles
After a report about a potential buyout bid for Macy’s in the Wall Street Journal, Macy’s has found itself in the spotlight as action on the stock market drew attention to the unconfirmed rumors and analysts began to speculate on the likelihood of such a...
by Mike Duff | Nov 28, 2023 | Retail Articles
Macy’s has appointed Sharon Otterman as chief marketing officer, reporting to Tony Spring, the company’s president and CEO-elect. Otterman will lead Macy’s strategic marketing, supervising the company’s brand evolution including building awareness, engagement...
