New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward
Retail TouchPoints
DECEMBER 10, 2024
In 2017, Dillards faced similar activist pressure based on undercapitalization of its real estate assets). Dillards stockholders have benefitted greatly from this plan, seeing a total return in their shares of +788% versus Macys of -12%. shares down 13% since the plan was announced (according to S&P Capital IQ as of Dec.
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