Greg Abel Adds Macy's to Berkshire Hathaway Portfolio
Berkshire Hathaway CEO Greg Abel added department store chain Macy's (M) to its portfolio in the first 13F filing under his leadership. The move suggests confidence in Macy's turnaround strategy, which includes closing unprofitable stores and focusing on high-performing locations.
Topics: 13F filing Berkshire Hathaway Greg Abel Macy's portfolio strategy