On March 18, U.S. department store giant Macy’s, Inc. reported its full-year 2025 results, with comparable sales rising 1.5% year-over-year, marking a return to growth.
Tag: macy’s
On January 9, Macy’s, the iconic American department store chain, announced the closure of 66 additional stores as part of its “Bold New Chapter” strategy.
Arkhouse Partners and Brigade Capital Management have raised their proposed takeover bid for major U.S. department store chain Macy’s Inc. to $6.9 billion.
Macy’s has rejected a $5.8 billion takeover bid from investment firm Arkhouse Management and its partner Brigade Capital just one month later, the company is facing a proxy fight on its board of directors after Arkhouse Management nominated nine candidates for its board.