Since the beginning of October, Macy’s has been plagued with these issues ever since Jana Partners, an activist investor has suggested to investors that Macy’s could boost its value through the sale of its e-commerce subsidiary. Jana is known for its track record of urging large retailers to www.autotransportdealers.com autotransportdealers auto transport dealers Website auto transport dealers com shake up operations it bought a stake Macy’s shortly after the presentation, the company’s board of directors demanded in an email to split off the digital division, while speculating that Macy’s online division could be worth $14 billion, roughly twice the amount Macy’s is valued at today.