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 Macy’s declined to comment on the company’s earnings ahead of earnings.

 Jana Partners will not comment on Macy’s stake, however, a source who was aware of the situation reported that Macy’s was required to reconsider its approach of bringing an investment into its dotcom division. It would allow it to grow, highlight its value and make it easier to attract the best www.shoppingallabout.com shoppingallabout shopping all about Website shopping all about com tech talent. This was mentioned twice at Saks. First, a former Amazon executive joined the board at Saks.com and is currently preparing for its initial public offering. Second, a second former Amazon executive was appointed COO of Saks Off 5th, an independent e-commerce company.

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