|Bid||26.33 x 1200|
|Ask||26.40 x 1400|
|Day's range||26.11 - 28.13|
|52-week range||10.07 - 37.95|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||9.97|
|Earnings date||21 Feb 2022 - 25 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||34.72|
Macy's Inc is grappling with how to make its e-commerce business a standalone company without losing customers who rely on its department stores to pick up or return items they bought online, according to people familiar with the deliberations. The 163-year-old retailer said last month that it had asked consulting firm AlixPartners to review its business structure after Jana Partners urged it to separate its e-commerce arm. The activist hedge fund said in October that the e-commerce business could be worth $14 billion on its own, more than Macy's entire market capitalization of about $8 billion.
The business rebound for mall REITs has proven that malls aren't dead yet. But if Macy's CEO is right, they are more important than you think.
Publicis Sapient CEO Nigel Vaz joins Yahoo Finance Live to discuss how retailers can do a better job serving consumers digitally.