macy’s
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Business
Macy’s ends talks to go private with Arkhouse and Brigade for $6.9B
Macy’s ended talks with the activist investors Arkhouse Management and Brigade Capital, claiming they lack the funds to acquire the…
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Business
Diddy faces cash crisis: billionaire lifestyle, lawyer fees
Less money, mo problems? Sean “Diddy” Combs appears to be facing a cash crisis as hefty legal bills mount and…
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Life Style
The best art exhibits, flower shows, Broadway plays and shopping in NYC this week
Each week, Alexa is rounding up the buzziest fashion drops, hotel openings, restaurant debuts and celeb-studded cultural happenings in NYC.…
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Business
Arkhouse, Brigade raise Macy’s buyout bid to $6.6B
Arkhouse Management, a real-estate-focused investing firm, said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department…
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Business
New Macy’s CEO grabs reins amid takeover threats
Macy’s CEO Tony Spring will officially grab the reins on Sunday as the storied retailer faces slowing sales growth and…
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Business
Macy’s could get takeover bid from buyout firm Sycamore Partners
Private-equity giant Sycamore Partners is exploring a possible bid to buy Macy’s – even as the iconic retail chain this…
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Business
Arkhouse confirms $5.8 billion proposal to take Macy’s private
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store…
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Business
Macy’s slashing over 2K jobs, closing five stores amid pressure to go private
Department store chain Macy’s is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company…
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Business
Macy’s Herald Square flagship, Bloomingdale’s unlikely to undergo redevelopment
The reported $21-a-share bid by Brigade Capital Management and Arkhouse Management for the shares of Macy’s Inc. they don’t already…
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Business
Christmas spending weakest in five years, shoppers focus on deals
Black Friday events appeared to draw lackluster crowds this year, with shoppers focused on discounts and bargains after curbing spending…
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