Activist Investor Barington Capital Urges Macy's to Cut Spending, WSJ Reports
(Reuters) - Activist investor Barington Capital has built a position in Macy's and is urging the department store chain to cut spending and consider the separation of a real-estate unit within the company, the Wall Street Journal reported on Monday.
Activist investors urge Macy’s to create a real estate unit among other changes to boost stock
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 its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock,
Activist investor pushes Macy’s to expand Bloomingdale’s business, create real estate unit
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s shareholders.
Another activist takes aim at Macy's, seeking spending cuts and real estate restructuring
Barington Capital has partnered with private equity firm Thor Equities to mount an activist push at struggling department store operator Macy's. The dissidents are looking for the company to trim capital expenditures,
Activist investor group pushes Macy's to consider options for Bloomingdale's
Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and Bluemercury chains after building a position, the activist investor group said on Monday without disclosing their stake.
Investures pressure Macy’s to create real estate unit
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary among other changes.
Macy's real estate, spending cuts the target of new activist investors of retail giant
Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, according to new information.
Barington Capital builds stake in Macy’s, urges changes, WSJ reports
Activist investor Barington Capital has assumed a position in Macy’s (M) and plans to push the company to make changes to boost its slumping
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Macy’s urged to deliver shareholder value as Q3 sales dip
Macy's shareholders Barington Capital Group and Thor Equities have urged the US retailer to explore structural changes and ...
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Macy’s Expects $275M In Real Estate Sales This Year, Doubling Previous Prediction
News of Monday's sale came the same day activist investors Barington Capital Group and Thor Equities made a series of ...
Matthews International responds as Barington Capital begins proxy battle
Matthews International Corp. responded Tuesday afternoon to an activist shareholder firm's launching of a proxy battle in ...
Macy's activist investors want the retailer to make significant changes
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
BARINGTON CAPITAL GROUP SENDS LETTER TO CHAIRMAN OF THE BOARD OF MATTHEWS INTERNATIONAL HIGHLIGHTING URGENT NEED FOR NEW LEADERSHIP
Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns ...