by Mike Duff | May 7, 2024 | Retail Articles
To propel underrepresented brands, Macy’s is welcoming 26 business owners to the 2024 class of The Workshop at Macy’s. The company characterizes The Workshop at Macy’s as the retail industry’s longest-running vendor accelerator program, one that provides...
by Mike Duff | Apr 10, 2024 | Retail Articles
Macy’s has appointed two new independent directors in an accommodation with investor Arkhouse Management, which withdrew its slate of board member candidates as a result. Arkhouse wanted board changes in part due to what it perceived as Macy’s management of its real...
by Mike Duff | Mar 15, 2024 | Retail Articles
Faced with a proxy fight, Macy’s announced the nomination of Douglas Sesler, founder and president of Fair Street Partners, to stand for election to the company’s board of directors at its 2024 annual meeting of shareholders. Arkhouse Management Co. has nominated a...
by Mike Duff | Mar 4, 2024 | Retail Articles
Arkhouse Management and confederate Brigade Capital Management have upped the ante in their bid to takeover Macy’s, bringing the proposal to purchase outstanding share of Macy’s for $24 each. Macy’s acknowledged the receipt of a letter from Arkhouse outlining the new...
by Mike Duff | Feb 27, 2024 | Retail Articles
As it reported fourth-quarter financial results that exceeded Wall Street expectations, Macy’s is launching a new strategy dubbed “A Bold New Chapter” to improve financial and operational performance, including 150 planned store closings over three years....
