Macy's, Inc Solicits Proxies from the Shareholders
April 01, 2024 at 04:40 pm EDT
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On April 1, 2024, Macy's, Inc. announced that has filed a definitive proxy statement and urged the shareholders to withhold votes for the board nominees: Richard (Ric) Clark, Richard L. Markee, Mohsin (Mo) Y. Meghji, Mitchell Schear, Nadir Settles, Gerald (Jerry) L. Storch, Sharen J. Turney, Andrea M. Weiss, and Isaac Zion of Arkhouse Management Co. LP and vote against Arkhouse proposal: if properly presented at the Annual Meeting, to repeal each provision of, and each other amendment to, the Amended and Restated By-Laws adopted by the Board without the approval of the shareholders of the Company subsequent to October 28, 2022 at the Company?s annual general meeting of shareholders scheduled to be held on May 17, 2024.
Macy's, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands, Macy's, Bloomingdale's and Bluemercury, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Cerulean 6, Charter Club, Club Room, Epic Threads, Family PJ's, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, and others.
MACY'S, INC. 
