INSIDER
Macy's tops expectations for the first quarter as luxury and beauty sales shine
Read full article: Macy's tops expectations for the first quarter as luxury and beauty sales shineMacy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending.
Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations
Read full article: Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locationsMacy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end.
Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital Management
Read full article: Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital ManagementMacy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan.