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