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.
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 ...
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s ...
Macy's on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores clouds its ...
Investors Barington Capital and Thor Equities said creating a specialized subsidiary could increase the value of the ...
Barington Capital Group and Thor Equities called on Macy's to create a real estate subsidiary and limit its capital ...
Barington is working with Thor Equities and wants the retail company to slash spending.
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...
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