On December 20, 2021, Macy's, Inc. announced that it is working with AlixPartners, LLP to review its e-commerce operations, after Jana Partners LLC urged the Company to separate its digital arm from its brick-and-mortar stores. The Company stated that a potential review at Nordstrom, Inc. comes amid a bigger shakeout in the department-store sector as companies including Macy’s and Kohl’s face pressure from activists to spin off faster-growing online businesses from more traditional retail stores.