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

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...