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Macy’s could get takeover bid from buyout firm Sycamore Partners during sagging sales, job cuts

Por: New York Post Business January 25, 2024

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Private-equity giant Sycamore Partners is exploring a possible bid to buy Macy’s – even as the iconic retail chain this week rejected an unsolicited offer from another bidding group, The Post has learned. Sycamore — a prolific buyout firm whose retail properties include Ann Taylor, Talbots and the regional department-store chain Belk — has been in quiet talks with Macy’s, which also owns Bloomingdale’s, since at least late December,... + full article



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