American holding company
Stores closing include Family Dollar, Express, and Macy's in 2024: Family Dollar plans to close at least 600 locations in 2024, and eight other retail chains are ...
businessinsider.com/stores-closing-in-2024-list
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Macy's names 2 independent directors as part of agreement with activist investor: Macy’s said Wednesday it has named two independent directors to its board that ...
apnews.com/article/macys-board-arkhouse-proxy-a0bb04b8ad78a7411db1eece4149f977
Macy’s Proxy Fight Over Brigade Buyout Offer: Pension Fund Sues: Macy’s Inc. has “weaponized” its debt agreements as part of a proxy fight with a pair of ...
bloomberg.com/news/articles/2024-04-09/macy-s-sued-for-signaling-debt-payment-speed-up-in-proxy-fight
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Why Higher Treasury Yields Are Bad News for Macy’s, RH, and Other Retail Stocks: Retail stocks surged when yields fell late last year. They are likely to come ...
barrons.com/articles/retail-stocks-high-interest-rates-8c8f32a2
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Exclusive | Nordstrom Family Weighs Taking Retailer Private: The department-store chain has formed a special board committee and tapped bankers to consider a ...
wsj.com/business/retail/nordstrom-family-weighing-taking-retailer-private-ff951e5d
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Macy’s Settles Its Proxy Fight. What Happens Now.: Investment firm Arkhouse Management ended its proxy contest against Macy’s, and withdrew its seven other ...
on.barrons.com/3UaXNnE
Chanel Beauty, Dolce & Gabbana, David Yurman, Others Join New Saks Media Network: Saks launches media network, Chanel Beauty, Dolce & Gabbana participate.
wwd.com/business-news/retail/saks-media-network-chanel-beauty-dolce-gabbana-walmart-amazon-macys-1236327102/
Demo date set for Macy's building, making way for Capital Sports Complex: A demolition date beginning April 25, 2024 is set for the two-level, 153 ...
wvgazettemail.com/sports/demo-date-set-for-macys-building-making-way-for-capital-sports-complex/article_850833ca-ed57-5631-8cce-74216a559b09.html
S.F. leaders in talks with Macy’s to stay in Union Square building: San Francisco city leaders talking with Macy’s to persuade retailer to remain in its Union ...
sfchronicle.com/sf/article/s-f-macys-union-square-19412157.php
Photographer captures jaw-dropping eclipse engagement: ‘Forever’s gonna start tonight’
charlotteobserver.com/news/nation-world/national/article287567705.html
Harlem’s Fashion Row, H&M Partner on Third Annual Sustainability Forum: The Harlem's Fashion Row/ H&M Sustainability Forum will include speakers from H&M ...
wwd.com/sustainability/business/harlems-fashion-row-hm-3rd-annual-sustainability-forum-1236314725/
Buyouts Brighten Outlook for Hong Kong Bankers: Bloomberg Deals: Hi, it’s Manuel Baigorri in Hong Kong, where the trend of take-private deals is on the rise and ...
bloomberg.com/news/newsletters/2024-04-10/buyouts-brighten-outlook-for-hong-kong-bankers-bloomberg-deals
Paid articlePaid Retailers brace for impact as new late fee rules threaten credit card revenue: Retailers will likely get hit by a new federal rule which caps credit card late ...
charlotteobserver.com/news/business/article287584320.html
Macy’s is selling two stores in Dallas-Fort Worth: Macy's said no decisions have been made yet about which stores will close.
dallasnews.com/business/retail/2024/04/12/macys-is-selling-two-stores-in-dallas-fort-worth/
Rise and fall of Diddy's Sean John fashion empire amid federal investigation: One of Sean "Diddy" Combs' signature brands in his business empire was his fashion ...
foxbusiness.com/entertainment/rise-and-fall-diddys-sean-john-fashion-empire-amid-federal-investigation
Beauty Stocks Gain Ground After Ulta’s Warning. Why Some Analysts Are Still Bullish.
barrons.com/articles/beauty-stocks-cosmetics-demand-c4b6b146
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Secrets of Diddy's billionaire boys club: Rapper wooed Wall Street elite — who praised him as 'genius' before sex trafficking probe
nypost.com/2024/04/01/entertainment/secrets-of-sean-diddy-combs-billionaire-boys-club/
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
reuters.com/business/retail-consumer/nordstrom-macys-deals-could-put-private-ownership-back-vogue-us-retailers-2024-03-19/
Quick Glance: Nordstrom's Founding Family Seeks to Privatize US Retailer
- The Nordstroms are considering taking the US retail company private.
- Nordstrom has tasked investment banks to assess private equity firms' interest.
- Nordstrom's stock price surged 12% on the news.
- Investment firms are also pursuing the privatization of Macy's.
Macy’s (M) Opens Its Books to Arkhouse, Brigade in Due Diligence Process: Macy’s Inc. has opened its books to Arkhouse Management Co. and Brigade Capital ...
bloomberg.com/news/articles/2024-03-19/macy-s-opens-its-books-to-suitors-arkhouse-and-brigade
Best Buy and other retailers started 2024 by closing stores. They're not done, analysts say
qz.com/best-buy-macys-foot-locker-closing-stores-retail-1851340359
Paid articlePaidQuick Glance: Retailers Strategize Closures and Adaptations Amid Inventory Challenges
- Retailers are facing the need to close physical stores due to excess inventory to ensure success. Analysts predict ongoing closures in various retail categories.
- Best Buy, Macy's, and Foot Locker are among the retailers announcing store closures to realign their strategic focus. Best Buy shifts towards smaller stores, Macy's focuses on upscale locations, and Foot Locker reacts to profit setbacks.
- Retailers are optimizing operations with fewer stores. Best Buy introduces smaller-format stores, Macy's emphasizes upscale locations, and Foot Locker responds to financial losses.
- Retailers like Dollar Tree and Dollar General adjust strategies based on customer needs, tackling challenges such as labor shortages and theft. Adaptations are made to stay competitive in the evolving retail landscape.
How Rival Retailers Could Win Over Shoppers Stranded by Macy's Closures: Proximity to Macy's locations, and increasingly overlapping customer profiles ...
inc.com/bruce-crumley/how-rival-retailers-could-win-over-shoppers-stranded-by-macys-closures.html
Save on clothing, beauty, home goods and more during Macy’s VIP Sale | CNN Underscored
cnn.com/cnn-underscored/deals/macys-vip-sale-2024-03-28
Macy’s Open to Engaging With Arkhouse, Brigade On Takeover Offer: Macy’s Inc. is ready to let Arkhouse Management Co. and Brigade Capital Management look at its ...
bloomberg.com/news/articles/2024-03-14/macy-s-open-to-engaging-with-arkhouse-brigade-on-takeover-offer
Paid articlePaid Capital Sports Center: Macy's demo nears as closing date set for property purchase
wvgazettemail.com/news/kanawha_valley/capital-sports-center-macys-demo-nears-as-closing-date-set-for-property-purchase/article_d108d6f0-1381-59e8-8803-6b82b6345128.html
Macy’s Buyout Looks to Be Headed to Due Diligence Stage. What to Know.: An investor group seeking to buy the retailer might be willing to raise its bid after ...
barrons.com/articles/macys-buyout-arkhouse-proxy-stock-property-ca66bd80
Paid articlePaid Macy’s Stores Aren’t Fun Places to Shop. Its New CEO Wants to Fix That : Tony Spring aims to turn around the flagging retail chain. He understands ‘retailing is ...
wsj.com/business/retail/macys-stores-arent-fun-places-to-shop-its-new-ceo-wants-to-fix-that-5614f4c7
Quick Glance: Macy's CEO Revolutionizing Shopping Experience
- Macy's new CEO, Tony Spring, is drawing on his hospitality training to turn around the department-store chain.
- Spring uses food metaphors to emphasize the impact of small details.
- He is fighting off investors pushing to control the 166-year-old retailing empire.
Could downtown Sacramento Macy’s be next to close? One local business leader thinks so
sacbee.com/news/local/article286254110.html
Bye, department stores. Hello, AI. Is what's happening to Macy's and Nvidia a sign of the times?
usatoday.com/story/money/2024/03/07/macys-store-closing-nvidia-stock-changing-market/72759737007/
These major retailers are closing stores across the US. What Arizona shoppers need to know
azcentral.com/story/money/business/consumers/2024/03/21/store-closings-2024-arizona/73047003007/
Macy’s Stock Rises as Investor Group Raises Buyout Bid. How the Battle’s Playing Out.
barrons.com/articles/macys-stock-offer-buyout-66de072d
Paid articlePaid Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
apnews.com/article/arkhouse-brigade-increases-macys-takeover-offer-3c8b396a1989f1016eca8f45057a7c68
PHOTOS: Macy’s Flower Show 2024 in NYC: Macy's Herald Square transformed for spring with the 2024 Macy's Flower Show on Sunday, March 24, 2024 ...
nydailynews.com/2024/03/25/macys-flower-show-2024-nyc/
Super Micro, Nvidia, Taiwan Semi, Macy’s, Li Auto, Spirit AeroSystems, and More Stock Market Movers
on.barrons.com/3Tiqe2G
Macy’s Plan to Close 150 Stores Is Part of a Growth Strategy, Says CFO: The move will help the company monetize up to $750 million of real estate assets through ...
barrons.com/articles/macys-close-150-stores-e4e9520b
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Macy's Is Closing 150 Stores Across the Country by 2026: Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain ...
goodhousekeeping.com/life/money/a60009351/macys-stores-closing-list-2024/
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Get a drone’s eye view of Macy’s demolition at Harrisburg Mall. See more photos: l.pennlive.com/jCp1lU
S.F. downtown exodus: Map shows every major retail closure this year: A wave of retail store closures has hit downtown San Francisco. This map tracks every major ...
sfchronicle.com/projects/2023/san-francisco-downtown-closing/
Quick Glance: S.F. downtown retail closures: Map reveals major shutdowns
- A wave of retail store closures has devastated downtown San Francisco, with over a dozen notable destinations closing or announcing closures since the start of 2023.
- Major retail brands such as Old Navy, AmazonGo, Saks Off Fifth, Anthropologie, and Office Depot are among those planning to close their storefronts.
- Retail closures have impacted cities nationwide, as the rise of online shopping and changing habits during the pandemic have affected foot traffic in retail spaces.
When Science Class Is in a Former Macy’s: Charter schools are popping up in struggling malls as landlords look for alternative tenants and communities seek to ...
nytimes.com/2024/02/23/business/charter-school-mall-landlord.html
Macy’s to Close 150 Stores in Latest Turnaround Bid: The retailer will focus on upgrading its remaining locations and opening smaller versions of its namesake ...
wsj.com/business/retail/macys-closing-stores-earnings-report-83721a8d
North Face to close its only San Francisco store in Union Square: The North Face, a company founded in San Francisco, is the latest retailer to announce plans to ...
sfchronicle.com/sf/article/north-face-union-square-closing-18709791.php
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Macy's Is Closing 150 Stores Across the Country by 2026: Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain ...
goodhousekeeping.com/life/money/a60009351/macys-stores-closing-list-2024/
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Macy's in San Francisco Union Square, Walmart in West Covina closing: In all, Macy's is shutting 150 stores by 2026. Walmart West Covina will shut its doors ...
latimes.com/business/story/2024-02-27/macys-in-san-franciscos-union-square-walmart-west-covina-are-closing
It might be time to drop the "shopping" from "shopping mall": Traditional mall retailers are reeling, but shopping malls aren't worried.
axios.com/2024/03/07/shopping-mall-retail-macys-foot-locker-nordstrom
Yahoo opens new downtown S.F. office once occupied by Macy’s: Tech pioneer Yahoo opens new downtown S.F. office once occupied by Macy’s: “Always long on the Bay ...
sfchronicle.com/sf/article/s-f-yahoo-office-macy-s-19322800.php
Paid articlePaid It was once one of the largest retail stores in the Harrisburg area but soon it will just be a memory. Demolition has begun on the three-story building that ... Show more #pennsylvania #deadmall #demolition #harrisburgpa
Harrisburg Mall demolition begins: Down goes Macy’s: The mall is being demolished in five phases.
pennlive.com/business/2024/02/harrisburg-mall-demolition-begins-down-goes-macys.html
Paid articlePaid Macy's, Best Buy banking on small-format stores amid retail shifts: Retailers have increasingly scaled back their physical footprints to not only reduce costs ...
businessinsider.com/macys-best-buy-small-format-stores-retail-department-big-box-2024-3
Paid articlePaid Macy’s Receives Director Nominations From Arkhouse. The Story Isn’t Over.: Last month, the department store turned down a takeover bid from two private-equity ...
barrons.com/articles/macys-director-merger-arkhouse-0ee9fa96
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Big-box stores try to stay relevant by focusing on smaller stores: Best Buy and Macy’s have joined a growing trend of retailers turning away from traditional ...
washingtonpost.com/business/2024/03/02/retailers-small-stores-macys-best-buy/
Macy's To Close 150 Stores, Signals Pivot To Luxury: The department store posted a fourth-quarter loss amid declining sales.
huffpost.com/entry/macys-to-close-stores_n_65dde745e4b0e4346d53f0df
Union Square once was center of San Francisco. Now it’s off the map: Union Square once was the center of San Francisco. Now the famed retail district is off the ...
sfchronicle.com/sf/article/union-square-macys-18693950.php
Paid articlePaid The barbarians have arrived at Macy’s gate: Macy’s recently rejected an unsolicited $6 billion bid from an activist investor to take the famed department store ...
cnn.com/2024/02/20/business/battle-for-future-of-macys/
Shoplifting is bad. But store closures tell a different story.: Technological forces created department stores — and are now killing them.
washingtonpost.com/opinions/2024/03/01/macys-closure-shoplifting-department-store/
Macy's stock jumps despite announcement of mass store closures: The retailer is closing 150 stores, but Wall Street seems to see it as a positive.
trib.al/TZzqLTl
What stores are open on Easter Sunday 2024? See Walmart, Target, Costco hours: Don't count on a favorite store being open on Easter Sunday.
seattletimes.com/business/what-stores-are-open-on-easter-sunday-2024-see-walmart-target-costco-hours/
🍎 In Your Paper —
ART, MUSIC & MOVIES GALORE TO EXPLORE
Fun — and funny — events available across the city this weekend for the curious and the budget ... Show more www.nydailynews.com/2024/03/28/7-things-to-do-this-weekend-nyc-march-29/ myaccount.nydailynews.com/850/preference enewspaper.nydailynews.com/html5/desktop/production/default.aspx
Macy's Has Options in Long-term Value Creation: Macy's could sell the company, some of its real estate, its Bluemercury or Bloomingdale's banners ...
sourcingjournal.com/topics/retail/macys-real-estate-bluemercury-bloomingdales-business-strategy-501641/
Paid articlePaid 7 things to do this weekend in NYC: March 29–31: Some highlights this weekend worth checking out include off-Broadway theater, a free South Street Seaport ...
nydailynews.com/2024/03/28/7-things-to-do-this-weekend-nyc-march-29/
'I haven't eaten solid food for over a year and before that it was just custard': Macy Williams was diagnosed with an eating disorder that is rare and very ...
walesonline.co.uk/news/health/i-havent-eaten-solid-food-28728257
With S.F. Macy's closing, what will become of the iconic buildings?: With the San Francisco Macy's closing, what will become of the iconic buildings? Experts ...
sfchronicle.com/sf/article/macys-building-union-square-18692110.php
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How Brands Made Sleepwear Fashionable: Hill House, Sleeper and Lunya are just a few of the brands betting big on this growing category ...
fashionista.com/2024/03/sleepwear-fashion-market-brands-business-2024
Sophie Turner Ditched Her Rigid Jeans for Comfy Party Pants: Look of the Day for March 6, 2024 features Sophie Turner wearing striped high-waisted trousers ...
instyle.com/look-of-the-day-2024-03-06-8605295
Macy's Opens Books to Investor Group After Higher Offer: After weeks of discussions, the US department store chain Macy's wants to open its books to a takeover.
diepresse.com/18290361/macys-oeffnet-die-buecher-fuer-investorengruppe-nach-hoeherem-angebot
Macy’s Is Gilded No More. The Age of the Department Store Is Ending.: The retailer just rejected a $.5.8 billion buyout offer, but is being squeezed to sell its ...
barrons.com/articles/macys-is-gilded-no-more-the-age-of-the-department-store-is-ending-b3f4ee62
Paid articlePaid Macy's to Downsize Fulfillment Operations in $235M Cost Cut: Macy’s Inc. is consolidating its logistics and distribution network as the retailer aims to cut $100 ...
sourcingjournal.com/topics/logistics/macys-downsize-close-fulfillment-distribution-centers-cost-cuts-automation-autostore-robotics-bold-new-chapter-500445/
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Malls once dead, find new life: Malls nearly destroyed America’s Main streets for the convenience of a free parking spot. Then the internet nearly destroyed ...
bostonglobe.com/2024/03/18/metro/malls-once-dead-find-new-life/
New Macy’s CEO Tony Spring is looking to revive the 166-year-old retailer.
In his new role, Spring will have to charm investors, shoppers and hot brands ... Show more cnb.cx/3OujgoA
Capital Sports Center: Salango says Macy's building to be demolished in April: Demolition of the Macy's building, future site of the Capital Sports Center ...
wvgazettemail.com/news/kanawha_valley/capital-sports-center-salango-says-macys-building-to-be-demolished-in-april/article_d8bd1e6e-d6ef-551a-a11b-dd2aa75a3b36.html
How a food hall could save San Francisco’s Union Square: Replacing Macy’s with a food hall (no, not Eataly) could be the fix for S.F.’s Union Square ...
sfchronicle.com/opinion/openforum/article/union-square-san-francisco-18892043.php
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Is the department store going the way of the dinosaur?: Experts say the once-dominant retail concept needs to adapt and evolve. But the clock is ticking.
marketwatch.com/story/is-the-department-store-going-the-way-of-the-dinosaur-c28a8ccd
What Chicago’s ‘rat hole’ can teach S.F. after the Macy’s closure: Macy’s is closing in San Francisco while a Chicago “rat hole” is drawing tourists from around ...
sfchronicle.com/opinion/article/chicago-rat-hole-macys-san-francisco-union-square-18657285.php
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Best Buy closes Centennial store: Best Buy is closing its store within The Streets at SouthGlenn shopping center in Centennial.
denverpost.com/2024/03/04/best-buy-closes-centennial-store/
Luxury designer Burberry seeking buyer for its S.F. building: Luxury designer Burberry seeking buyer for its high-profile Union Square building in San Francisco
sfchronicle.com/realestate/article/s-f-burberry-selling-building-union-square-18703781.php
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Investor group raises bid for US retailer Macy's to US$6.6 billion: The struggling department store chain declined the initial US$5.8 billion offer in December.
freemalaysiatoday.com/category/business/2024/03/04/investor-group-raises-bid-for-us-retailer-macys-to-us6-6bil/
Macy’s closing one-third of its stores while boosting Bloomingdales: Macy’s, the iconic department store chain, on Tuesday announced a dramatic reshaping that ...
ajc.com/news/atlanta-news/macys-to-close-150-stores-in-us-georgia-impacts-not-clear/CLZU6LDMR5B6PA6A45SY35OV3A/
Paid articlePaid Weekend Lifestyle Roundup March 02, 2024: A collection of our best posts of the week in lifestyle
qz.com/weekend-lifestyle-roundup-march-02-2024-1851301187
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