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Will A.I. Boost Productivity? Companies Sure Hope So.
Posted inArtificial Intelligence Ben & Jerry's Homemade Inc Computers and the Internet Deere & Company Labor and Jobs Macy's Inc Productivity United States Economy Walmart Stores Inc

Will A.I. Boost Productivity? Companies Sure Hope So.

Economists doubt that artificial intelligence is already visible in productivity data. Big companies, however, talk often about adopting it to improve efficiency.
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Posted by By Jordyn Holman and Jeanna Smialek
Activist Investors Raise Bid for Macy’s
Posted inBrigade Capital Management LP Macy's Inc Shareholder Rights and Activism Shopping and Retail

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.
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Posted by By Lauren Hirsch and Jordyn Holman
Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury
Posted inBloomingdale'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.”
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Posted by By Jordyn Holman
Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle
Posted inBloomingdale'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.
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Posted by By Jordyn Holman and Lauren Hirsch

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