Gennette said on Macy’

 “To me, it’s obvious that having a broad retail ecosystem with physical stores located in the best malls , as well as productive off-mall locations integrated with the top-of-the-line online shopping experience is a winning combination that will help us build a strong, digitally-led omnichannel business,” Gennette said on Macy’s second quarter earnings conference call on August 19.

 Macy’s share price is up 34% in the time since Jana Partners suggested a spinoff. However, unitedearners united earners Website united earners com Wall Street has never been a fan of Gennette because he sees him as a solid brick and mortar guy.