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The Latest Breaking News from Bloomingdale

Macy’s offered $5.8bn buyout that could take it off stock market

US department store chain that also owns Bloomingdale’s reportedly received approach from two existing investors

The Guardian - UK

Macy's soars as private equity sees billions in value from iconic U.S. stores

Macy's, the iconic retailer and Bloomingdale's parent, has a portfolio of around $8.5 billion of real estate.

The Street

Westfield Old Orchard owner finds retailers to fill old department store

Home furnishings store Arhaus and fashion brand Zara are expected to open in the former Lord & Taylor spot at the Skokie mall in 2024.

Chicago Sun-Times

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Bally’s Medinah Temple temporary casino landlord Albert Friedman will hit $20 million jackpot under 4-year lease

Albert M. Friedman will get more than $16.5 million in rent and a $330,000 management fee under his four-year lease, obtained by the Sun-Times. Bally’s also must pay a property tax bill that’s topped $1.1 million a year.

Chicago Sun-Times

For Fall 2023's Bag Trends, Function and Form Are Paramount

Give it up for the return of the practical purse.

Marie Claire

Tributes pour in for Friends star Paxton Whitehead after his death aged 85

The British actor played Mr. Waltham, Rachel Green’s boss at Bloomingdale’s during season four of the sitcom

Evening Standard

We're intrigued: Nate Berkus' rule when buying bedding makes him feel like he's sleeping in 'someone’s castle'

In an H&G exclusive, the designer revealed his go-to rule when buying new sheets – and it will change how we sleep for good

Homes & Gardens

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Nate Berkus exclusively reveals his 5-rule formula for styling a small bedroom

When it comes to small spaces, Nate Berkus stands by his own rule of 5 – here's what it means for our bedrooms

Homes & Gardens

Nike Making a Surprising Return to Macy's

After a brief break, Nike and Macy's rekindle their partnership.

The Street

Fashion Insiders Share Their Favorite Summer Work Outfits

From lightweight suits to statement dresses.

Marie Claire

Why Big Change at Macy's Might Bring Better Deals For You

Macy's incoming CEO could make it easier for more people to buy Bloomingdale's merchandise at lower prices.

The Street

More Macy's stores to close in 2023. See the list of closing locations.

The new year brings a new round of Macy’s store closings.

Axios

Luxury bedding sales − deep discounts on Frette, Sferra, and Matouk at Bloomingdale's

Save $50 for every $250 you spend on sheets, shams, quilts, and comforters in the luxury bedding sales

Homes & Gardens

Inflation, Recession Fears Have Holiday Shoppers Trading Down

Many shoppers are trading down to less expensive clothing and accessories -- swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties -- as inflation eats into their disposable income and a rocky stock market erodes their wealth.

Bangkok Post

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Investors Business Daily

Macy's Eyes Lower Holiday Sales Due To Inflation Pressure. Is Macy's Stock A Buy?

The long established retail store and New York favorite sells apparel, accessories, cosmetics, home furnishings and other consumer goods.

Chicago Sun-Times

Bloomingdale’s to close Old Orchard store

The company plans to open a smaller format, called Bloomie’s, in the upscale Skokie mall.

Chicago Tribune

Bally’s files application with state for first Chicago casino

Bally’s filed its application with the Illinois Gaming Board on Wednesday, taking a major step in the process to build Chicago’s first casino and the flagship property for its fast-growing company.

Chicago Sun-Times

Community meeting aims to ease fears about Medinah Temple’s temporary future as casino

‘The Las Vegas strip is not going to be on your doorstep,’ said Mayor Lori Lightfoot’s Chief Engagement Officer Martina Hone.

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news in one place.

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Bangkok Post

Macy's Is Betting Even Bigger on Smaller Stores

Macy's Inc. is accelerating its rollout of smaller department stores, betting that it can attract more shoppers with fewer products and more digital services at stores closer to where customers run their daily errands.

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