Macy's is in deep trouble. It could be sitting on a goldmine

Business and Finance Business and Finance

Tue, December 10, 2024

[ Tue, Dec 10th 2024 ] - Lincoln Journal Star

The Future of Family and AI Companions: What's Next in Nebraska

[ Tue, Dec 10th 2024 ] - Slate

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[ Tue, Dec 10th 2024 ] - Electronic Design

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[ Tue, Dec 10th 2024 ] - dailynewsen.com

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[ Tue, Dec 10th 2024 ] - Radio France Internationale

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[ Tue, Dec 10th 2024 ] - The New York Times

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[ Tue, Dec 10th 2024 ] - The Scranton Times-Tribune

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - legit

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - abp LIVE

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[ Tue, Dec 10th 2024 ] - The University of Chicago Chronicle

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[ Tue, Dec 10th 2024 ] - The Mirror

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[ Tue, Dec 10th 2024 ] - London Evening Standard

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[ Tue, Dec 10th 2024 ] - Yahoo

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Impacts

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[ Tue, Dec 10th 2024 ] - TechRadar

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[ Tue, Dec 10th 2024 ] - The Daily Telegraph

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[ Tue, Dec 10th 2024 ] - Charlotte Observer

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[ Tue, Dec 10th 2024 ] - Travel + Leisure

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - London Evening Standard

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[ Tue, Dec 10th 2024 ] - Detroit News

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[ Tue, Dec 10th 2024 ] - National Hockey League

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[ Tue, Dec 10th 2024 ] - The New York Times

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Insider Monkey

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[ Tue, Dec 10th 2024 ] - Kiplinger

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[ Tue, Dec 10th 2024 ] - Reuters

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Buffalo News

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[ Tue, Dec 10th 2024 ] - Phys.org

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - EurekAlert!

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[ Tue, Dec 10th 2024 ] - Indiatimes

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[ Tue, Dec 10th 2024 ] - University of Wyoming

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[ Tue, Dec 10th 2024 ] - University of Wyoming

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Insider Monkey

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Business Insider

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[ Tue, Dec 10th 2024 ] - ABC

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[ Tue, Dec 10th 2024 ] - Richmond

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[ Tue, Dec 10th 2024 ] - Food & Wine

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[ Tue, Dec 10th 2024 ] - Food & Wine

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[ Tue, Dec 10th 2024 ] - Travel + Leisure

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Sportsnet

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[ Tue, Dec 10th 2024 ] - NBC Sports

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[ Tue, Dec 10th 2024 ] - Polygon

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Indiatimes

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Rome Sentinel

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[ Tue, Dec 10th 2024 ] - Phys.org

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - Investopedia

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[ Tue, Dec 10th 2024 ] - The Motley Fool

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[ Tue, Dec 10th 2024 ] - The Daily Telegraph

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[ Tue, Dec 10th 2024 ] - Forbes

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - The Australian Financial Review

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[ Tue, Dec 10th 2024 ] - The Hindu

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[ Tue, Dec 10th 2024 ] - Sydney Morning Herald

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[ Tue, Dec 10th 2024 ] - Mercury News

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[ Tue, Dec 10th 2024 ] - Travel + Leisure

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[ Tue, Dec 10th 2024 ] - Travel + Leisure

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - CBC.ca

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[ Tue, Dec 10th 2024 ] - NBC DFW

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[ Tue, Dec 10th 2024 ] - MassLive

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[ Tue, Dec 10th 2024 ] - MassLive

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - cambridgeindependent

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[ Tue, Dec 10th 2024 ] - MSN

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[ Tue, Dec 10th 2024 ] - JD Supra

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[ Tue, Dec 10th 2024 ] - Forbes

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[ Tue, Dec 10th 2024 ] - Sydney Morning Herald

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[ Tue, Dec 10th 2024 ] - The Express Tribune

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[ Tue, Dec 10th 2024 ] - Food & Wine

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[ Tue, Dec 10th 2024 ] - Popular Science

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Factbox-US finalizes more than $6.1 billion funding for Micron under CHIPS Act

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Micron Gets $6.2 Billion Chips Award

[ Tue, Dec 10th 2024 ] - CNN

Macy's is in deep trouble. It could be sitting on a goldmine

^{Published on 2024-12-10 11:41:21 - CNN}

Macy's would be more valuable if it just shut down its business and sold everything off for parts. That's the argument activist investment firm Barington Capital and private equity firm Thor Equities said in a proposal Monday that called on the company to make drastic changes to boost its stock price.

The article from CNN Business discusses Macy's strategic shift towards real estate monetization as part of its broader turnaround plan. Facing declining sales and the rise of e-commerce, Macy's has been selling off some of its valuable real estate assets to generate capital. This move is aimed at reducing debt, funding store renovations, and investing in digital transformation. Investors and analysts are closely watching these transactions, as they could significantly impact Macy's financial health and stock performance. The article highlights specific deals, including the sale of its flagship Herald Square store in New York and other prime locations, which are expected to fetch high prices due to their prime urban locations. However, there's a mixed reaction from the market; while some see it as a smart financial strategy, others worry about the long-term implications of losing physical retail space.

Read the Full CNN Article at:
[ https://www.cnn.com/2024/12/10/business/macys-real-estate-investors/index.html ]

N@N

Macy's is in deep trouble. It could be sitting on a goldmine