Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

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Macy's reports 15% revenue growth, cautious about consumer trends

Macy's is navigating through uncertain periods, maintaining a focus on customer service and business improvement. The company used a scientific approach to guide their second quarter and full-year projections, considering one-year CAGR, two-year CAGR, and 2019 data.

Macy's reports Q2 sales decline, focuses on strategic growth initiatives

Macy's Q2 performance saw declines in net sales but emphasized strategic initiatives for revenue growth and agility in inventory management. Challenges in achieving profitability were acknowledged, but opportunities in cost savings and small-format stores were highlighted.

Macy's reports Q3 decline, highlights strengths and growth opportunities

Macy's Q3 2023 earnings call revealed a decline in net sales, with notable strengths in specific categories and a focus on growth opportunities through strategic initiatives. The company also addressed challenges and provided insights into its future outlook and leadership transition.

Macy's reports solid Q4 earnings, focuses on growth strategies

Macy's navigated challenges in Q3 and Q4, learning from gifting success and focusing on long-term growth drivers.
Strategic investments in private brands, off-mall stores, and marketplace expansion position Macy's for future success.
Despite macro pressures and consumer dynamics, Macy's remains committed to sustainable growth through margin expansion.
Digital capabilities and personalized pricing initiatives are key focus areas for Macy's to drive growth and enhance customer experience.

Macy's Q1 2024: Sales Challenges Amid Resilience and Growth Focus

Macy's Q1 2024 faced challenges from macro headwinds and consumer behavior shifts, impacting sales but showing resilience in certain categories.
Efforts to manage inventory, improve margins, and focus on growth vectors like private brands and omnichannel experiences are key strengths.
Opportunities in promotions, merchandise margins, and attracting younger customers through digital strategies are on the horizon.
Despite challenges, Macy's remains cautiously optimistic, prepared for market uncertainties, and focused on strategic growth initiatives.

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Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

Macy's (M) shares skyrocketed over 18% in early trading Monday following reports an investor group is looking to buy the biggest U.S. department store chain and take it private.

Macy's Shares Soar on Reports of $5.8B Offer to Take the Retailer Private

Macy's Inc.'s stock soared 18% Monday on a report that an investor group is seeking to take the department-store chain private at $21 a share, sending the company's bonds higher with the stock.

Macy's bonds rally with stock after investor group reportedly offers to take company private

Shares of Macy's (NYSE: M ) are up by about 18% after the retailer received a buyout offer for $5.8 billion from Arkhouse Management and Brigade Capital Management, according to sources familiar with the matter. The buyout price represents a per share price of $21, about 21% higher than M stock's closing price of $17.39 on Friday.

5 Investors Betting Big on Macy's (M) Stock

Just in time for Christmas, private equity groups have tabled a $5.8 billion offer to buy department store chain Macy's (NYSE: M ). M stock is surging on the news.

Buyout Alert: Investor Group Is Gunning to Own Macy's

Macy's Inc (NYSE: M) popped 17% on Monday following a report that Brigade Capital Management and Arkhouse Management have proposed to acquire the chain of department stores for $5.8 billion.

Macy's stock dubbed a ‘melting ice cube' despite a buyout proposal

Macy's Inc (NYSE:M) is getting an early Christmas present.

Macy's Stock Surges on $5.8 Billion Buyout Offer

A suitor has shown up at Macy's, but given the tough environment, a deal that crosses the finish line would be a surprise gift for shareholders.

Macy's Buyout Could Take a Miracle on 34th Street

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Markets got off to a quiet start to the new week. Macy's shares jumped on news of a potential buyout bid from private equity investors.

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It's no secret that department stores have been struggling, with one exception. That exception is not Macy's Inc.

Is This the Beginning of the End for Macy's?

The retail sector has struggled over the past few years due to the COVID bubble bursting and the shift in consumer habits that have discretionary items out of favor compared to dailies and health and beauty products. Today's takeaway is that the heavily beaten-down sector provides some profound value opportunities that private equity capital has begun to scoop up.

Macy's buy-out signals deep value in the retail sector

An investor group reportedly offered $5.8 billion to buy Macy's and take the major American department store chain private. Real-estate focused investing firm Arkhouse and Brigade Capital Management, an asset management company, submitted a proposal to acquire the Macy's stock they don't already own on Dec.

Macy's reportedly received $5.8B buyout bid to take retailer private

An investment group on Dec. 1 submitted a $5.8 billion bid to take Macy's private, the WSJ reported Sunday. M stock rallied 17% on the news.

M Stock Rockets On $5.8 Billion Bid To Take Legacy Retailer Macy's Private

US department store chain that also owns Bloomingdale's reportedly received approach from two existing investors

Macy's offered $5.8bn buyout that could take it off stock market

The price of Macy's stock surged more than 20% in pre-market trading Monday, following reports that a group of investors put forth a $5.8 billion bid to buy the department store chain and take it private.

Macy's Shares Surge In Premarket Amid Reports Of $5.8 Billion Acquisition Bid

Eminent US department store Macy's, Inc has reportedly received a $5.8 billion (£4.6 billion) buyout offer from private equity firms Arkhouse Management and Brigade Capital Management, according to the Wall Street Journal. The unconfirmed $21-per-share offer represents a 21% premium to Macy's Friday closing price, suggesting the private investors believe the chain is undervalued by the public markets.

Undervalued Macy's reportedly gets $5.8bln buyout offer

A group of investors has offered $5.8 billion to buy the retailer and take it private, The Wall Street Journal reported Sunday.

Macy's Stock Is Soaring. Investors Made a $5.8 Billion Buyout Bid.

A group of investors reportedly wants to make department store chain Macy's a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management, a global asset manager, made a $5.8 billion bid for shares of the company they don't own, The Wall Street Journal (WSJ) reported Sunday (Dec.

Macy's Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private

Famed retailer Macy's is the focus of a $5.8 billion buyout bid launched by Arkhouse Management and Brigade Capital, according to a report by the Wall Street Journal.

Investor group launches $5.8 billion buyout bid for Macy's

The Wall Street Journal reports that two hedge funds, Arkhouse Management and Brigade Capital, have joined forces to bid on a takeover of Macy's M , the largest U.S. department store chain. The funds are reportedly offering $5.8 billion.

Why A Hedge Fund (Or Two) Would Bid For Macy's

Arkhouse Management and Brigade Capital recently submitted a proposal to acquire the famed retailer for $21 a share.

Investor Group Launches $5.8 Billion Buyout Bid for Macy's

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Names Tracy Preston Chief Legal Officer.

Macy's, Inc. Names Tracy Preston Chief Legal Officer

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Sharon will lead Macy's in strategic marketing, spearheading the company's brand evolution.

Macy's Hires Sharon Otterman As Chief Marketing Officer

A record number of people showed up in stores or online to spend money over the Thanksgiving holiday, but their spending on holiday-related items ticked lower, according to data from the National Retail Federation released Tuesday.

News for Macy's Stock (M)