Skip to content
Jana Partners takes stake in Macy’s, calls for ecommerce spin-off


An activist shareholder has taken a stake in Macy’s Inc. and is urging the famous retailer to part ways with its fast-growing e-commerce business, people familiar with the matter say.

Jana Partners LLC sent a letter to the company’s board on Wednesday urging them to separate the online unit, which generates around $ 8 billion in annual revenue, the people said.