<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>
Macy’s Inc (NYSE: M) shares are trading higher following reports suggesting Saks Fifth Avenue’s eCommerce unit has begun preparations for an IPO at a $6 billion valuation. Additionally, it was reported last week that activist fund Jana Partners has taken a stake in Macy’s and called on it to spin off its e-commerce operations.
...read full article on Benzinga
