To raise capital
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The founders didn't bail. JG, just like he does with every successful and creative venture, choked it.
Stupid is the big M’s way
Hello Captain Obvious. In other news the sky is blue. They never integrated them in Macys systems and then the founders bailed. Kind of stupid to sell a high margin business.
I knew it. I talked about this in a post way back
Saw that article as well. It appears Macy’s was trying to sell them even before the beginning of the pandemic.