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Macy’s Calls in Saks Split-Up Guru

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Macy’s Inc. has hired the financial engineering wizard behind Saks’ closely watched store-digital decoupling, multiple sources confirmed to Sourcing Journal, a sign that the retailer is serious about responding to activist investors’ calls to review the fast-growing e-commerce business. In a Nutshell: Jeff Gennette, CEO of the retail giant that owns the Macy’s brand in…

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