Macy's CEO, a Department Store Veteran, Fights to Fit in the Amazon Future of Retail - NewsBreak

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By Olachi in Business
Updated 2 years ago

Macy's forecasts digital sales will hit $10 billion in 2023 up from $7.6 billion in 2020, and activist investor Jana Partners wants to see that growth fully reflected by the market in a separate spinoff of a Macy's e-commerce company. Macy's CEO Jeff Gennette has spent three decades with...

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