Dupree Financial Group sold 486,867 shares of Macy's in the fourth quarter for an estimated $9.97 million based on quarterly average prices. Meanwhile, the quarter-end position value declined by $7.40 million, reflecting both share sales and price movement.
Macy's is initiated at buy, driven by a successful turnaround and outperformance amid retail sector headwinds. The 'Bold New Chapter' strategy focuses on streamlining stores, strengthening core brands, and expanding capital-light operations. M's Q3 comps grew 3.2% y/y, with all nameplates positive; Bloomingdale's led at 9.0% growth, defying industry softness.
TORONTO, ON / ACCESS Newswire / January 21, 2026 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to announce the results of an independent Preliminary Economic Assessment ("PEA") for the development of the company's 100% owned Estrades Project located in the Abitibi region of northwestern Québec. This PEA has been completed on a Toll Milling scenario; no toll...
The new carousel shop, unveiled in partnership with Warner Bros. Discovery is inspired by the cinematic reimagining of "Wuthering Heights", featuring romantic gifts, exclusive sweet treats, immersive events, and an obsession-worthy AQUA collaboration.
Macy's announced 14 more store closures as part of its "Bold New Chapter" turnaround strategy aimed at boosting profitability and streamlining operations.
It's ambitious, transformational strategy was implemented well. The retailer is becoming notably slimmer by divesting assets and closing underperforming stores.
Macy's plans to close 14 underperforming stores this year, after shuttering 66 in 2025 and 55 the year before. Following the next round of closures—most expected in the first quarter—the company will be 80% of the way toward its goal of 150 closings that was outlined in the “Bold New Chapter” turnaround plan presented by CEO Tony Spring in February 2024.
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