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Second Activist Investor Thinks Macy’s Can Out-Saks Saks

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Crypto and EVs—that’s what a new activist investor wants to see from Macy’s Inc. The storied department store retailer is facing new calls for change from a second investor with a track record of agitating for corporate change—though private equity’s meddling in retail has yielded mixed results. On Thursday, NuOrion Adivsors urged Macy’s CEO Jeff…

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