Assignment Task: Read the following and respond the following:
The Weekly Closeout: Activist reportedly takes stake in Macy's, urges Saks-like e-commerce split, published on 15 Oct, 2021, by Retail Dive Staff
Read the article on Macy's and answer the following questions:
1) Why do you think it is an effective strategic business decision to split Macy's in an ecommerce spinoff from its physical store locations? (Hint: read link within article on Saks's split)
2) Can in-store Macy's and ecommerce Macy's co-exist, or will the ecommerce spinoff eventually cannibalize Macy's store locations?