Brigade Capital Management LP

Activist Investors Raise Bid for Macy’s

The new offer values the department store chain at $6.6 billion. Macy’s, which just announced a strategy to turn around its business, said it would “carefully review” the proposal.

By Lauren Hirsch and Jordyn Holman

Bloomingdale's Bluemercury Brigade Capital Management LP Company Reports Fashion and Apparel Macy's Inc Shopping and Retail Spring, Tony Stocks and Bonds

Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury

The retailer, under a new chief executive and facing a takeover bid, outlined a three-year strategy to achieve “sustainable, profitable growth.”

By Jordyn Holman

Bloomingdale's Brigade Capital Management LP Fashion and Apparel Gennette, Jeffrey Macy's Inc Mergers, Acquisitions and Divestitures Shopping and Retail Shopping Centers and Malls Spring, Tony Stocks and Bonds

Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle

Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.

By Jordyn Holman and Lauren Hirsch

Bloomingdale's Brigade Capital Management LP Fashion and Apparel Gennette, Jeffrey Macy's Inc Mergers, Acquisitions and Divestitures Shopping and Retail Shopping Centers and Malls Spring, Tony Stocks and Bonds

Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle

Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.

By Jordyn Holman and Lauren Hirsch

mosaec