Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Macy’s “"


2 mentions found


The barbarians have arrived at Macy’s gate
  + stars: | 2024-02-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN —Macy’s rejected an unsolicited $6 billion bid from an activist investor to take the famed department store private last month. Now, the activist group is taking another shot at Macy’s, launching a proxy fight to take control of the board. Last month, Macy’s announced it was laying off about 3.5% of its workforce, or roughly 2,350 employees. Macy’s said Tuesday it will evaluate Arkhouse’s proposed board candidates, but criticized Arkhouse and another activist investor, Brigade, in a statement. Arkhouse did not publicly disclose its plans for Macy’s, but analysts believed it would sell off Macy’s valuable real estate and perhaps take other actions, such as spinning off its e-commerce business.
Persons: New York CNN — Macy’s, Macy’s, Arkhouse’s, Arkhouse, “ Arkhouse, ” Macy’s, Macy’s “ Organizations: New, New York CNN, Arkhouse Management, Brigade Locations: New York
A Labor Strike Over Shoplifting
  + stars: | 2023-11-29 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Wonder Land: Whether it's the migrant crisis, gender identity, shoplifting, student loans or decriminalizing federal laws on cannabis possession, Republican presidential candidates should not stop talking about the culture. Images: Bloomberg News/AFP/Getty Images Composite: Mark KellyUnion walkouts these days are common for pay raises, but get this: Over the weekend hundreds of workers at three Macy’s stores in the Seattle suburbs went on strike to protest rampant shoplifting and risks to employee safety. United Food & Commercial Workers Local 3000 says Macy’s “is not doing enough to address shoplifting, violent shoppers, and other safety threats to workers and customers.” Among other evidence, the union points to an incident involving Liisa Luick , a longtime employee at the Macy’s store some 20 miles north of downtown.
Persons: Mark Kelly, Macy’s “, Liisa Organizations: Republican, Bloomberg, Getty, Mark Kelly Union, United Food & Commercial Workers Locations: Seattle
Total: 2