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Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations
CNBC· 2024-07-15 20:46
The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. Macy's department-store chain announced that they will be laying off roughly 2,350 employees which is about 3.5% of their workforce. The company says that it will also be closing five stores in order to adjust to the online-shopping era. (Photo by Michael M. Santiago/Getty Images)Department store Macy's said Monday its board has unanimously decided to end negotiations with the activist group that had b ...
Macy's (M) Announces "All-Star Week" for Star Rewards Members
ZACKS· 2024-07-12 00:01
Macy's, Inc. (M) is excited to announce the first-ever "All-Star Week" in celebration of Star Rewards loyalty members. This special event will run from Tuesday, Jul 16 through Tuesday, Jul 23, at Macy’s stores, macys.com and on the Macy’s app. All-Star Week features thousands of Macy’s best summer deals for everyone, with even more exclusive offers for Star Rewards members, including opportunities to earn extra reward points and $20 of Star Money. Image Source: Zacks Investment Research Exclusive Offers in ...
Macy's Joins Other Big Retailers With Special Summer Sales Event
Investopedia· 2024-07-11 02:36
核心观点 - 梅西百货加入大型零售商的夏季促销活动,推出首个“全明星周”,与亚马逊、塔吉特和沃尔玛的夏季销售活动同期进行 [1][2] 梅西百货的促销活动 - 梅西百货宣布将于7月16日至7月23日举行首个“全明星周”,提供数千种夏季最佳优惠,并为Star Rewards会员提供更多独家优惠 [1] 竞争对手的促销活动 - 亚马逊的Prime Day活动为期两天,与梅西百货的“全明星周”同时开始 [2] - 塔吉特的Target Circle Week和沃尔玛的Walmart Deals活动已经进行中,但都将在本周结束 [2] 股票表现 - 梅西百货的股票在周三下午1:55 ET时几乎没有变化,价格为$18.86,年初至今下跌约6% [2]
Here's Why Macy's (M) Stock Sees Sudden Rise on the Bourse
ZACKS· 2024-07-08 22:07
Shares of Macy's, Inc. (M) jumped 9.5% on Jul 5, 2024 amid reports that activist investor Arkhouse Management and partner Brigade Capital Management have again sweetened their offer for the biggest U.S. department store chain.The Wall Street Journal reported Jul 3, 2024 that the firms raised their bid for Macy's by about $300 million to $6.9 billion. Their latest bid of $24.80 per share for shares they do not already own represents a 38.3% premium over Macy's closing price on Wednesday.This would mark the d ...
Macy's (M) Rides on Comprehensive Revitalization Strategy
ZACKS· 2024-07-01 21:35
Macy's, Inc. (M) is embarking on a comprehensive revitalization strategy, focusing on operational modernization, technological integration and enhanced customer engagement. Key initiatives, such as the "First 50 Pilot" program and the "A Bold New Chapter" strategy, are designed to align the company with evolving market dynamics and drive sustainable growth.By prioritizing efficiency, profitability and innovation, Macy's aims to solidify its leadership in the retail sector and deliver long-term shareholder v ...
Myriad Uranium Appoints Douglas Christopherson to Technical Committee
Newsfile· 2024-06-27 19:30
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad Uranium" or the "Company") is pleased to announce that Mr. Douglas Christopherson has joined the Company's Technical Committee. Mr. Christopherson brings over 50 years of mining, exploration, and development experience to Myriad Uranium, having worked as Chief Engineer, Mine Manager, and General Manager at significant projects worldwide. He has extensive experience conducting tec ...
Why Is Macy's (M) Down 9.4% Since Last Earnings Report?
ZACKS· 2024-06-21 00:30
A month has gone by since the last earnings report for Macy's (M) . Shares have lost about 9.4% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Macy's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Macy's Q1 Earnings Beat Estimates, Comps Decline Y/YMacy’s report ...
Macy's (M) Rides on First 50 initiative, Omnichannel Presence
ZACKS· 2024-06-21 00:15
Macy's, Inc. (M) comprehensive revitalization and growth strategy encompasses operational modernization, technological integration and enhanced customer engagement. Through initiatives like the "First 50," strengthening its omnichannel presence and the implementation of the "A Bold New Chapter" strategy, M aims to adapt to evolving market dynamics and drive sustainable growth. With a focus on efficiency, profitability and innovation, the company is poised to firm its position in the retail landscape and del ...
BLOOMINGDALE'S LAUNCHES LATEST CAROUSEL GAME ON POWERED BY AIR FRANCE
Prnewswire· 2024-06-13 22:00
The new carousel shop, curated by Venus Williams, will feature the launch of her exclusive collection with AQUA. NEW YORK, June 13, 2024 /PRNewswire/ -- Bloomingdale's, in partnership with Air France, announces The Carousel @ Bloomingdale's: Game On. Curated by Venus Williams, the shop is available both in-store and online, to get customers excited for the most anticipated event of the summer. Game On will feature an array of must-have items across categories, including an exclusive collaboration between th ...
Is Macy's (M) Stock Undervalued Right Now?
ZACKS· 2024-06-12 22:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...