streamline operations

 Since the beginning of October, Macy’s has been plagued by these questions since Jana Partners, an activist investor advised investors that Macy’s could increase its valuation by selling its e-commerce business. Jana Partners, which has had a track record of encouraging big retailers to streamline operations by www.dailyfinancestudy.com dailyfinancestudy daily finance study Website daily finance study com acquiring a stake Macy’s. Shortly after the presentation Jana Partners wrote to the board asking them to spin off the online business. This would make Macy’s online business worth approximately $14 billion, roughly twice what it is today.

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