Macy’s Declines to Spin Off Ecommerce Operations, Citing ‘High Execution Risk’
Retail TouchPoints
FEBRUARY 22, 2022
Board of Directors announced that the company’s ecommerce operations will remain integrated within the larger business, not spun off into a separate company. . Activist investor Jana Partners took a stake in Macy’s in October 2021 and pushed the company to separate its ecommerce business from its brick-and-mortar operations.
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