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» Sources: Jana Partners took a stake in Macy's and is urging the retailer to spin off its e-commerce business, which has about $8B in annual revenue (Wall Street Journal)
Sources: Jana Partners took a stake in Macy's and is urging the retailer to spin off its e-commerce business, which has about $8B in annual revenue (Wall Street Journal)
By
Eresh
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October 14, 2021
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http://www.techmeme.com/
Techmeme
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Wall Street Journal:
Sources: Jana Partners took a stake in Macy's and is urging the retailer to spin off its e-commerce business, which has about $8B in annual revenue — Activist investor says stand-alone e-commerce business would be worth a multiple of Macy's current market value
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