# Greg Abel

Type: Person

Source: Retail Intelligence Brief — https://getretailbrief.com/entity/greg-abel
Canonical HTML page: https://getretailbrief.com/entity/greg-abel

## Timeline

- **2026-08-22**: Analyst coverage highlights Berkshire's Macy's move — The Motley Fool reports on Greg Abel's first six months as CEO and the Q2 Macy's stake, noting the 3.3% dividend yield and Q1 FY2026 comp improvement.
- **2026-06-30**: Berkshire more than doubles Macy's stake — At the end of Q2 2026, Berkshire's Macy's position is valued at roughly $173 million, representing 0.1% of the portfolio.
- **2024**: Macy's launches 'A Bold New Chapter' — Macy's initiates a three-part turnaround: rationalizing its store footprint, expanding luxury brands Bloomingdale's and Bluemercury, and modernizing supply chain and technology.

## Recent coverage (1 stories)

### Macy's 3.3% Yield, 350-Store Revamp: Why Berkshire Doubled Its Stake
2026-08-23 05:15:45 · Sentiment: Neutral · Impact: 5/10 · Sources: 3

Berkshire Hathaway's Greg Abel more than doubled a small Macy's stake to $173 million in Q2 2026, signaling possible conviction in the 154-year-old retailer's 'A Bold New Chapter' plan. Early results show Q1 FY2026 comps were the best in four years and reimagined stores grew 2.4%.
Full story: https://getretailbrief.com/story/macy-berkshire-350-store-turnaround-retail

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