Macy’s declined to comment ahead of earnings.
Jana Partners won’t comment on its stake in Macy’s the retailer, however, a person who knows the situation told that Macy’s is being asked to consider pursuing the same approach followed by Saks Fifth Avenue of bringing an investor into its dot-com company to help accelerate its growth, highlight its merits and position it to attract the best tech talent. The point www.autotransportdealers.com autotransportdealers auto transport dealers Website auto transport dealers com was made two times at Saks. First, a former Amazon executive was appointed to the board at Saks.com, which is reportedly working on its initial public offering. Second, a second former Amazon executive was named chief operating officer at Saks Off 5th, an independent online retailer.