NYSE - Delayed Quote USD

Macy's, Inc. (M)

18.53

-0.51

(-2.68%)

At close: April 19 at 4:00 PM EDT

18.58

+0.05

(+0.27%)

After hours: April 19 at 7:49 PM EDT

Macy’s Inc. Taps Abigail James as Chief DEI Officer

She replaces Shawn Outler, who will be stepping down in May after more than five years in the role.

Footwear News 17 hours ago

M
-2.68%
Nordstrom Family Weighs Taking Retailer Private

The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.

The Wall Street Journal yesterday

M
-2.68%
JWN
+0.96%
Here's Why Macy's (M) Outpaced Its Industry in the Past 6 Months

Macy's (M) is enhancing operations for sustainable growth while expanding its omnichannel presence and customer experience through strategic partnerships and technological upgrades.

Zacks 3 days ago

M
-2.68%
ANF

AEO
Layoffs in 2024: A List of Companies Cutting Jobs This Year

Tesla announced a round of layoffs on Monday, joining Alphabet Amazon and UPS among major companies to cut jobs in recent months. The layoffs this year suggest that companies are cutting in more targeted areas–even as some of the biggest tech companies have continued to grow, adding more jobs than they’ve cut. Amazon in January said it would eliminate hundreds of jobs across its film and television studio and Twitch streaming platform.

The Wall Street Journal 4 days ago

C

DUOL

M
-2.68%
BLOOMINGDALE'S LAUNCHES "CAMP BLOOMINGDALE'S"

Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.

PR Newswire 8 days ago

M
-2.68%
Macy’s Truce With Arkhouse Shines Bright Light on Boards

Who are the directors who oversee corporate giants and what do they do?

WWD 9 days ago

M
-2.68%
Macy’s Settles Its Proxy Fight. What Happens Now.

Investment firm Arkhouse Management ended its proxy contest against the retailer, and withdrew its seven other director candidates.

Barrons.com 9 days ago

M
-2.68%
Macy's names 2 independent directors as part of agreement with activist investor

Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain. Macy's said the directors — Ric Clark and Rick Markee — will join the finance committee effective immediately and oversee the evaluation of and make recommendations to the full board regarding the acquisition proposal submitted by Arkhouse and Brigade Capital Management, LP that Macy's had opposed.

Associated Press Finance 9 days ago

M
-2.68%
Macy’s Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms

Arkhouse Management continues to pursue a takeover of Macy's and reached an agreement with the retailer on adding two directors of its choice to the Macy's Inc. board.

WWD 9 days ago

M
-2.68%
Macy’s Adds Two Directors Backed by Investor to Its Board

Macy’s averted a fight for control of its board but added new directors who will help decide whether to accept a takeover bid it had previously resisted. Macy’s appointed two new independent directors, a move that ended a proxy fight with Arkhouse Management that was seeking to oust most of the 15-person board and to buy the company. The directors had previously been nominated by Arkhouse, which had launched a campaign for nine board seats earlier this year after the department-store chain rejected its takeover offer.

The Wall Street Journal 9 days ago

M
-2.68%
Macy's adds two directors to settle with Arkhouse; carries on with deal talks

The retailer also said it continues to engage with Arkhouse and Brigade Capital Management over their revised buyout proposal. In March, Arkhouse and Brigade raised their offer to acquire Macy's stock they do not already own for $24 per share, valuing the retailer at $6.6 billion, after the company rejected an earlier bid made in December. Arkhouse, which has a 4.4% stake in Macy's, then nominated nine director candidates to the company's board in February, triggering a proxy battle.

Reuters 9 days ago

M
-2.68%
UPDATE 2-Macy's appoints two new directors; ends proxy contest with Arkhouse

Macy's said on Wednesday it has appointed two independent directors to its board, ending a proxy contest with activist investor Arkhouse Management. In March, Arkhouse and Brigade Capital Management raised their offer to acquire Macy's stock they don't already own for $24 per share after the company rejected an earlier bid made in December. The department store chain said it continues to engage with Arkhouse and Brigade Capital Management regarding their revised proposal to buy out Macy's.

Reuters 9 days ago

M
-2.68%
Arkhouse Issues Statement on Settlement with Macy’s

NEW YORK, April 10, 2024--Arkhouse Management Co. LP (together with its affiliates, "Arkhouse", "we" or "us"), which owns a significant stake in Macy’s, Inc. ("Macy’s" or the "Company") (NYSE: M), today issued the following statement regarding its settlement with the Company, including the appointment of its director nominees Richard (Ric) Clark and Richard (Rick) L. Markee to the Board of Directors (the "Board") of the Company and the Board’s Finance Committee. The following is attributable to

Business Wire 9 days ago

M
-2.68%
Macy’s, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors

NEW YORK, April 10, 2024--Macy’s, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the "Board"), effective immediately. The appointments of Clark and Markee follow the Board’s engagement with Arkhouse Management Co. LP ("Arkhouse"), resulting in the withdrawal of its director nominations.

Business Wire 9 days ago

M
-2.68%
Macy’s shakes up board, avoids proxy fight

The department store has also opened its books to the real estate-minded investors who have bid $6.6 billion to take it over.

Retail Dive 9 days ago

M
-2.68%
Q4 Earnings Roundup: Macy's (NYSE:M) And The Rest Of The Department Store Segment

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Macy's (NYSE:M) and the rest of the department store stocks fared in Q4.

StockStory 9 days ago

M
-2.68%
JWN
+0.96%
DDS
Macy’s Sued for Threatening to Speed Up Debt Payment in Proxy Fight

(Bloomberg) -- Macy’s Inc. has “weaponized” its debt agreements as part of a proxy fight with a pair of investment firms, putting its financial future at risk, a pension fund claimed in suing the retailer.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataIran’s Better, Stealthier Drones Are Remaking Global WarfareTrumpism Is Emptying ChurchesUkraine Says It’s Behind Blaze on Russian Warship in Bal

Bloomberg 10 days ago

M
-2.68%
3 Big-Box Retail Stocks That Could Double Your Money by 2030

Some large retail stocks, including many major department stores that are focused on apparel, are struggling. Macy’s (NYSE:M) plans to close 150 stores by 2026. History shows store closings for brick-and-mortar-oriented retailers is often the prelude to tremendous financial struggles and, ultimately, bankruptcy. But more generalized, big-box retail stocks, such as Walmart (NYSE:WMT) and Target (NYSE:TGT), are thriving in the e-commerce era. Luring consumers to their stores with low-cost grocerie

InvestorPlace 10 days ago

TGT
+1.03%
WMT

TJX
+0.76%
Is the Options Market Predicting a Spike in Macy's (M) Stock?

Investors need to pay close attention to Macy's (M) stock based on the movements in the options market lately.

Zacks 11 days ago

M
-2.68%
The Hot Sale Going on at Department Stores: Their Shares

Department stores such as Macy’s and Nordstrom offer the very opposite of what public markets find interesting: shrinking sales, stagnant or worsening margins and no clear path to a turnaround. Macy’s and Nordstrom are the subject of such take-privates right now. Real-estate-focused investor Arkhouse and its partner Brigade Capital are doing due diligence to see exactly how much they might offer to buy the shares they don’t already own of Macy’s. And Nordstrom’s founding family is said to be considering a take-private.

The Wall Street Journal 14 days ago

JWN
+0.96%
M
-2.68%
KSS
+1.49%

Performance Overview

Return	M	S&P 500
YTD	-7.13%	+4.14%
1-Year	+9.13%	+19.55%
3-Year	+21.37%	+18.68%

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Macy's, Inc. (M)

Macy’s Inc. Taps Abigail James as Chief DEI Officer

Nordstrom Family Weighs Taking Retailer Private

Here's Why Macy's (M) Outpaced Its Industry in the Past 6 Months

Layoffs in 2024: A List of Companies Cutting Jobs This Year

BLOOMINGDALE'S LAUNCHES "CAMP BLOOMINGDALE'S"

Macy’s Truce With Arkhouse Shines Bright Light on Boards

Macy’s Settles Its Proxy Fight. What Happens Now.

Macy's names 2 independent directors as part of agreement with activist investor

Macy’s Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms

Macy’s Adds Two Directors Backed by Investor to Its Board

Macy's adds two directors to settle with Arkhouse; carries on with deal talks

UPDATE 2-Macy's appoints two new directors; ends proxy contest with Arkhouse

Arkhouse Issues Statement on Settlement with Macy’s

Macy’s, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors

Macy’s shakes up board, avoids proxy fight

Q4 Earnings Roundup: Macy's (NYSE:M) And The Rest Of The Department Store Segment

Macy’s Sued for Threatening to Speed Up Debt Payment in Proxy Fight

3 Big-Box Retail Stocks That Could Double Your Money by 2030

Is the Options Market Predicting a Spike in Macy's (M) Stock?

The Hot Sale Going on at Department Stores: Their Shares

Performance Overview