The Numbers Don't Lie: The Task at Hand for Macy's CEO

The video discusses Macy's leadership transition with a new CEO taking over, the decline in stock prices since 2003, and the challenges faced by department stores due to changing consumer spending habits. It highlights the growth in e-commerce as a bright spot for Macy's, while traditional sales decline. Macy's strategic responses include closing underperforming stores and expanding discount offerings. The video also covers the valuation of Macy's real estate, which has attracted activist investors interested in monetizing the store portfolio.

What actions is Macy's taking to address its sales challenges?

What is the estimated value of Macy's real estate according to the activist investors?