President and founder of Nicholas Wealth Management David Nicholas says the U.S. consumer is ‘singlehandedly carrying the global economy on its back’ in spite of inflation on ‘Varney & Co.’
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington Capital.
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but has struggled to keep up with rapid industry changes and competition.
Jim Mitarotonda, the CEO of Barington Capital Group, made it clear that he is confident in Macy’s executive leadership, saying “there isn’t any reason” why the company shouldn’t be able to improve the execution of its business. While Macy’s CEO Tony Spring and…
