Macy's CEO Says No Decisions Have Been Made Yet About Spinning Off E-Commerce Unit - NewsBreak

Macy's has not reached any predetermined conclusions about spinning out its e-commerce unit into a separate company, CEO Jeff Gennette told CNBC's Jim Cramer on Thursday. Activist shareholder Jana Partners has urged Macy's board to undertake such a transaction. Macy's announced earlier Thursday it had hired consulting firm AlixPartners...