Tag: stores
Here’s why Macy’s isn’t really splitting its on line business from its stores
Macy’s is just not breaking up after all.
On Tuesday, the department retail outlet chain affirmed that it will forge in advance as one retailer, despite pressure from activist Jana Companions to break up into two entities.
For the duration of a connect with with analysts, Macy’s Main Executive Jeff Gennette described that the office keep chain experienced been performing closely with advisors to contemplate a number of scenarios, which includes Macy’s separating its web page from its stores. The summary of the assessment process, he mentioned, was that Macy’s is now on the right track with its turnaround strategies