Macy's shares took a hit in early trading after announcing the end of buyout talks with Arkhouse Management and Brigade Capital Management. In a statement, Macy's stated that the discussions failed to result in a concrete proposal with certain financing at a compelling value. Yahoo Finance anchors discussed the news, highlighting Macy's decision to decline a $6.9 billion offer. The stock market reacted negatively to the announcement, with Macy's shares dropping pre-market. The company cited a lack of confidence in the financing commitment letters accompanying the revised offer as reasons for ending the negotiations. Despite attempts to implement a turnaround plan, investors remain skeptical about Macy's future prospects without a potential acquisition or partnership. The company's focus on product mix and innovative store concepts will be crucial in navigating the challenges ahead.