Activist Investors Call On Macy's To Spin Off Bloomingdale's And Bluemercury. Maybe It's Time.
Macy's(M) Forbes·2024-12-17 00:40New York City, USA - December 1, 2013: Macy's Herald Square New York flagship department store ... [+] during night time. It is located at 151 W 34th St, New York, NY 10001.gettyMacy’s Inc. just reported another disappointing quarter with net sales down 2.4% to $4.7 billion. Not since first quarter 2022 has Macy’s Inc. reported positive year-over-year comps and that due to the post-pandemic bounce.CEO Tony Spring tried to deflect criticism with a statement, “Our third quarter results reflect the positive mo ...