Macy's Merchandising Group International, LLC
Location
New York
Founded
2006-02-28
Website
Risk Signals
1960 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Department Stores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Macy's Merchandising Group International, LLC
Live alerts from global media, monitored by Business Radar
2025-05-02 (miamiherald.com)
Macy's has been closing stores — now a Miami mall says it's planning a new one
Midway Crossings in Miami may welcome Macy's as part of its renovations. The new 31296-square-foot store would join major retailers like Costco and Aldi.
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2025-01-09 (cosmico.org)
Macy’s Announces Closure of 66 Stores |
Macy’s to close 66 stores, focusing on luxury brands and real estate to adapt to retail challenges.
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2024-12-09 (upi.com)
Macy's real estate, spending cuts the target of new activist investors of retail giant - .com
Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, according to new information.
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2024-12-09 (nypost.com)
Exclusive | Macy’s unloads Brooklyn store for rock-bottom price of $23M: ‘Knows nothing about their most valuable asset’
“In my view, this is a story about a retailer who knows nothing about their most valuable asset,” a source told The Post.
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2024-12-09 (bluewaterhealthyliving.com)
Activist investor group pushes Macy's to consider options for Bloomingdale's - Blue Water Healthy Living
(Reuters) – 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 group said Macy’s board lacks the “knowledge, vision and desire”...
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2024-12-09 (nbcnewyork.com)
Another activist takes aim at Macy’s, seeking spending cuts and real-estate restructuring –
Macy’s faces its fourth activist push in the last decade as it tries to turn around struggling stores.
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2024-12-09 (apnews.com)
Activist investors urge Macy's to create a real estate unit among other changes to boost stock |
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock, according
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2024-08-13 (inc.com)
Malls Tinker With Tenant Mixes as Anchor Retailers Close Stores
As traditional department store and big box retailers shift to smaller footprints, the malls they formerly anchored are using the empty spaces to diversify their tenants, adding car showrooms, apartments, amusement parks, and even hockey rinks.
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2024-06-01 (timesleader.com)
Wyoming Valley Mall’s real estate tax assessment drastically lowered
The Wyoming Valley Mall’s real estate tax assessment has plunged from $68.7 million to $13.6 million through negotiations with taxing bodies in a court-level appeal, records show.
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2024-04-22 (costar.com)
Macy's Burning Buyout Question: How Much Is the Retailer's Real Estate Worth?
After several months of back and forth, Macy's agreed to open its books to dissident investors trying to buy out the department store operator with an increased offer of $6.6 billion. That move means the activists are now getting a better idea of the value of the retailer's real estate.
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2024-04-11 (odwyerpr.com)
Tech Is Back
Publicis Groupe CEO Arthur Sadoun reported Q1 revenues grew 4.9 percent to $3.4B, a performance fueled in part by the comeback of the technology sector.
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2024-03-05 (axios.com)
The case for Macy's to sell itself
After several turnaround efforts, Macy's still has value left in its real estate.
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