Macy’s declined to comment ahead of earnings.
Jana Partners will not comment on Macy’s stake, but someone familiar with the situation stated that Macy’s was being asked to reconsider its strategy of bringing in investment to its dotcom business. It would allow it to expand, show its value and help it attract top tech talent. This last point was underscored twice www.increasehealth.co.uk increasehealth increase health Website increase health co uk recently at Saks in the past, when an ex- Amazon executive joined the board of the new Saks.com -that is currently reportedly preparing its first public offering- and then over the summer, when another ex- Amazon executive was named post of COO at the newly created independent Saks Off 5th e-commerce company.