NYSE:M

Macy's Honors Historically Black-Founded Fraternities of The Divine Nine® With Exclusive New Collection

Retrieved on: 
Wednesday, May 1, 2024
Retail, Manufacturing, University, Footwear, Education, Women, Philanthropy, Online Retail, Luxury, Men, Department Stores, Fund Raising, Textiles, African American, Consumer, Fashion, Theta, Kasper, Delta Sigma, Phi Beta Sigma, Partnership, Divinity, Papal conclave, Collection, Research, Macy's, History, National Pan-Hellenic Council, Vice, Sigma Gamma Rho, Multimedia, Workshop, Omega Psi Phi, Brotherhood, Organization, NPHC, 3D printing

In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.

Key Points: 
  • In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.
  • With prices starting at $49, product will be exclusively available online at macys.com and in-store at select locations, with all pieces available by July 2024.
  • This new menswear collection compliments the Sorority collection, which launched in 2022 with The Kasper Group offering customers an evolving product assortment for signature events and conferences.
  • The assortment was created in partnership with Tayion Collection®, founded and designed by Montee Holland, a graduate of The Workshop at Macy’s and S.P.U.R.

The Macy’s 4th of July Fireworks®, The Nation’s Largest Independence Day Celebration, to Launch From The Hudson River

Retrieved on: 
Tuesday, April 30, 2024
Luxury, Department Stores, Entertainment, Other Entertainment, TV and Radio, Fashion, Footwear, Retail, Online Retail, Multimedia, Hudson River, Light, NBC, Travel, Pyro Spectaculars, Sound, Fireworks

On Thursday, July 4th, Macy’s will launch the annual Macy’s 4th of July Fireworks spectacle across the Hudson River, illuminating the New York City skyline through dazzling displays and pyrotechnics.

Key Points: 
  • On Thursday, July 4th, Macy’s will launch the annual Macy’s 4th of July Fireworks spectacle across the Hudson River, illuminating the New York City skyline through dazzling displays and pyrotechnics.
  • Marking the nation’s largest Independence Day celebration, the display will offer a showstopping and high-flying salute to the nation,” said Will Coss, Executive Producer of Macy’s 4th of July Fireworks.
  • “Every year, Macy’s illuminates the city’s skyline to commemorate Independence Day driving our city’s economy and supporting local businesses.
  • “For the first time in recent years, Macy’s 4th of July Fireworks will light up our sky above the Hudson River.

Arkhouse Issues Statement on Settlement with Macy’s

Retrieved on: 
Wednesday, April 10, 2024
Finance, Banking, Retail, Professional Services, Department Stores, LLP, Management, Jefferies Group, RIC, Committee on Finance

The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners.

Key Points: 
  • The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners.
  • “Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy’s Board and will be instrumental in maximizing value for shareholders.
  • As a result of our efforts, our buyer group has begun receiving due diligence to progress discussions toward a potential transaction to acquire the Company.
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to the buyer group and Jefferies Group LLC is serving as financial advisor to the buyer group.

Macy’s, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors

Retrieved on: 
Wednesday, April 10, 2024
Online Retail, Retail, Department Stores, Wells Fargo, Security (finance), Bank, Acquisition, RIC, Doug, Management

Macy’s, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Board”), effective immediately.

Key Points: 
  • Macy’s, Inc. (NYSE: M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Board”), effective immediately.
  • The appointments of Clark and Markee follow the Board’s engagement with Arkhouse Management Co. LP (“Arkhouse”), resulting in the withdrawal of its director nominations.
  • These changes follow the planned retirements of Jeff Gennette and Frank Blake from the Macy’s, Inc. Board.
  • Following today’s Board appointments and retirements, the Macy’s, Inc. Board comprises 15 directors, 14 of whom are independent.

BLOOMINGDALE'S LAUNCHES "CAMP BLOOMINGDALE'S"

Retrieved on: 
Thursday, April 11, 2024
Mall, Summer camp, Woman, Carousel, Westfield Fashion Square, Collection, AQUA, Bloomingdale's, Old Orchard, Pennsylvania, Bow, Customization, Food, Beauty, Department store

NEW YORK, April 11, 2024 /PRNewswire/ -- Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.

Key Points: 
  • For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
  • From Coleman, shoppers can purchase outdoor necessities such as the 1900 Collection 3-1 stove, reunion coolers, iconic lanterns, and foldable chairs for adults and kids alike.
  • Limited edition Camp Bloomingdale's merchandise including fanny-packs, mugs, s'mores kits, flashlights and socks will also be available for purchase both in-store and online.
  • Camp Bloomingdale's officially launches online and in select Bloomingdale's locations on April 11th.

Spring Blossoms at the Macy’s Flower Show ®

Retrieved on: 
Monday, March 18, 2024
Footwear, Fashion, Online Retail, Cosmetics, Retail, Luxury, Department Stores, Macy's, Miss Dior, Garden, Perfume, Category:Flower shows, Christian Dior, Femininity, History, Parfums Christian Dior, Sculpture, Plant, Monsieur, Exhibition, Multimedia, Tree, Grasse, Tune

“As we celebrate the start of the spring season, thousands of unique flowers, plants, and trees will bloom throughout the store in unison.

Key Points: 
  • “As we celebrate the start of the spring season, thousands of unique flowers, plants, and trees will bloom throughout the store in unison.
  • From a variety of landscapes and climates, the Macy’s Flower Show provides visitors with a one-of-a-kind opportunity to experience these florals blossoming in unison.
  • For further information on the Miss Dior: From Flower to Fragrance Macy’s Flower Show experience and pop-up, please visit macys.com .
  • For additional information about the 2024 Macy’s Flower Show, including a listing of Christian Dior Parfums special events, please visit macys.com/flowershow .

Macy’s, Inc. Nominates Douglas W. Sesler for Election to Board of Directors

Retrieved on: 
Thursday, March 14, 2024
Other Retail, Commercial Building & Real Estate, Construction & Property, REIT, Luxury, Professional Services, Department Stores, Fashion, Asset Management, Retail, Finance, Citigroup, Real estate, Growth, Knowledge, Bank, Annual general meeting, Head, Investment, Chemical Bank, BofA Securities, Management

Macy’s, Inc. (NYSE: M) today announced the nomination of Douglas W. Sesler, Founder and President of Fair Street Partners, to stand for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual Meeting of Shareholders (the “Annual Meeting”).

Key Points: 
  • Macy’s, Inc. (NYSE: M) today announced the nomination of Douglas W. Sesler, Founder and President of Fair Street Partners, to stand for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual Meeting of Shareholders (the “Annual Meeting”).
  • Sesler is a seasoned real estate industry executive with more than 35 years of experience across real estate advisory, investing and finance.
  • Blake has chaired the Board’s Compensation and Management Development Committee and has served as Chair of the Board’s Finance Committee since 2021.
  • We are confident his perspectives will be an asset as the company continues its efforts to deliver sustainable, profitable growth.”

Macy’s, Inc. Names Michael Krans Vice President, Macy’s Media Network

Retrieved on: 
Monday, March 11, 2024
Retail, Home Goods, Online Retail, Luxury, Discount, Variety, Other Communications, Department Stores, Jewelry, Public Relations, Investor Relations, Marketing, Digital Marketing, Advertising, Communications, Fashion, Magni, Media Network, Beauty, Global marketing, Publishing, University

Macy’s, Inc. (NYSE: M) today announced that Michael Krans joined the company as its vice president, Macy’s Media Network.

Key Points: 
  • Macy’s, Inc. (NYSE: M) today announced that Michael Krans joined the company as its vice president, Macy’s Media Network.
  • In this role, Krans oversees the company’s in-house media publisher dedicated to connecting advertising partners with Macy’s and Bloomingdale’s engaged and loyal customers.
  • Krans reports to Max Magni, chief customer and digital officer, Macy’s, Inc.
    “We’re excited to welcome Michael to Macy’s, Inc.
  • He takes the reins of our growing retail media network bringing with him more than two decades of sales and marketing experience,” said Magni.

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Retrieved on: 
Wednesday, March 27, 2024
AMD, EQ, GOOGL, PSX, Report, Retail

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Key Points: 
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Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s to $24.00 Per Share

Retrieved on: 
Sunday, March 3, 2024
Retail, Professional Services, Department Stores, Finance, Acquisition, Jefferies Group, Management, Fortress Investment Group, Sale, LLP, Fortification, Partnership, Security (finance)

Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), today announced it has submitted an increased all-cash proposal to acquire Macy’s (“Macy’s”, or the “Company”) (NYSE: M) for $24.00 per share along with its partner, Brigade Capital Management (“Brigade”).

Key Points: 
  • Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), today announced it has submitted an increased all-cash proposal to acquire Macy’s (“Macy’s”, or the “Company”) (NYSE: M) for $24.00 per share along with its partner, Brigade Capital Management (“Brigade”).
  • Arkhouse and Brigade have also disclosed additional information about their financing, including identifying Fortress Investment Group LLC (“Fortress”) and One Investment Management US (“OneIM”) as equity capital partners for the proposed transaction.
  • After coordinating with our financing sources, we have increased our offer to $24.00 per share in cash.
  • Cadwalader, Wickersham & Taft LLP is serving as legal counsel and Longacre Square Partners is serving as strategic advisor to Arkhouse.