ylliX - Online Advertising Network
Company Ticker News

Jana Partners Urges Macy’s to Separate eCommerce Business as it Snags Stake in Retailer

Jana Partners Urges Macy's to Separate eCommerce Business as it Snags Stake in Retailer

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Jana Partners has taken a stake in Macy’s Inc. and is pushing the retailer to separate its $8 billion eCommerce business from its traditional brick-and-mortar business, The Wall Street Journal reported Thursday (Oct. 14), citing sources. Investors have eyed Macy’s eCommerce business as a potential target and spinoff, some of the sources told the news […]

...read full article on PYMNTS

ylliX - Online Advertising Network