NEW YORK — Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday. They believe Macy’s should create a separate real estate unit …
Considering the success of the film “Barbie,” one would expect Mattel to be soaring. Mattel’s got big people behind these other movies but you can’t assume these properties are going to be blockbusters — Jim Chartier of Monness Crespi Hardt The hedge fund doesn’t have as high a profile as some other shareholder activists, such as Carl Icahn or Nelson …
