Smash-and-grab robbery at Westfield Fashion Square in Sherman Oaks forces temporary shelter-in-place for shoppers [CBS News]
Macy's Inc (M)
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Source: CBS News
It happened at around 7:10 p.m. at the mall located in the 15000 block of Riverside Drive, according to Los Angeles Police Department officers. They said that they were called to the scene for reports of a shooting, but upon arrival, found that it was actually a robbery. Officers said that three suspects armed with sledgehammers smashed several display cases inside of the Macy's store and stole watches and jewelry before running from the area. They were seen fleeing from the mall in a white Lexus that was heading eastbound on Riverside Drive. All three of the suspects were wearing masks and had black or grey clothing and blue jeans on when the robbery occurred, police said. A shelter-in-place order was issued for all other shoppers at the mall as the scene unfolded. It was lifted by 8 p.m. and LAPD officers said that there were no injuries reported in the incident. No arrests have been made. It's unclear exactly how much and what the suspects took off with.
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News
- Macy's just launched an AI-powered shopping assistant. Customers who use it spend nearly 400% more [Yahoo! Finance]Yahoo! Finance
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- Westfield Fashion Square shoppers told to shelter-in-place during smash-and-grab robbery [CBS News]CBS News
- 1 Value Stock for Long-Term Investors and 2 Facing Challenges [Yahoo! Finance]Yahoo! Finance
- Macy's (M) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=M&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "strong-buy" to "hold"MarketBeat
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- 3/27/26 - Form 144
- 3/27/26 - Form 144
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