Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other
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“We seek to be value-added stockholders at Macy’s that can bring fresh perspectives to the company, especially in the areas of capital allocation, merchandising and retail, and real estate,” said Joseph Sitt, chairman of Thor, and James Mitarotonda, chairman of Barington, in a joint state...
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Most people belonging to the hospitality industry are using real estate management software to seamlessly organize and manage the key process and sever better savings. But the way things have changed over the past few years, people from other fields have also raised the demand for the property ma...
deterred foreign investments, while cyclically, fierce headwinds for domestic sentiment — including lingering uncertainties surrounding policy stimulus, rising disinflationary pressures and the extent of macro spillovers from real estate -have dampened private sector confidence and compounded capital outflow ...
deterred foreign investments, while cyclically, fierce headwinds for domestic sentiment — including lingering uncertainties surrounding policy stimulus, rising disinflationary pressures and the extent of macro spillovers from real estate -have dampened private sector confidence and compounded capital outflow ...
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