Since the beginning of October, Macy’s has been plagued with these issues since Jana Partners, an activist investor advised investors that Macy’s might increase its value by selling its e-commerce business. Jana has a history of pushing large retailers to shake up operations and take a www.yesallabout.com yesallabout yes all about Website yes all about com stake in Macy’s and soon after that presentation, the board of directors was urged in an email to split off the online arm, and speculated that Macy’s online operation could be worth 14 billion dollars, which is roughly double the amount Macy’s is valued at today.
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