Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Activist Investor Wants Macy’s to Take Cue From Saks

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Shares of Macy’s Inc. saw an active day of trading Wednesday following a report that activist investor Jana Partners urged the retailer to spin off its e-commerce business. Jana believes that splitting up physical and digital could boost the share price of Macy’s, which in February said it expects to reach $10 billion in online…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!