Macy’s denial of a comment prior to earnings.
Jana Partners won’t comment on its stake in Macy’s however, a source who is familiar with the matter said that Macy’s is being urged to consider pursuing the same method used by Saks Fifth Avenue of bringing in an investor to its dot-com division to speed up its growth, increase its worth and make it www.travelly.us travelly travel ly Website travel ly us more attractive to the best tech talent. This was mentioned twice at Saks. One was when a former Amazon executive joined the board of Saks.com and is currently working on its initial public offering. A second former Amazon executive was named chief operating officer at Saks Off 5th which is an independent e-commerce business.