NordstromAlixPartners was hired by the company to review its potential sale of Nordstrom Rack, which is currently at a reduced price. according to a report from Bloomberg.

CNBC did not receive a response from representatives of AlixPartners or Nordstrom immediately.

Nordstrom could be under review as a result of a larger shakeout within the department store sector, where companies like Macy’s Kohl’sActivists are urging you to start faster-growing online businesses that can be sold in traditional stores. They are called “investors”. encouraging such decisionsTo be able to get higher valuations from e-commerce sellers.

Macy’s working with AlixPartnersAfter an activist group, the company will review its ecommerce operations. Jana Partners urged the companyIt decided to seperate its digital business from its brick and mortar stores. Kohl’s was similarly affected pressured by activist Engine CapitalYou should also consider doing the same.

This is because Saks Fifth Avenue had spun off its ecommerce operations from its retail locations earlier in the year. executives have since touted the strategy as a successful play. Saks.com is currently preparing to go public in 2022, according to reports.

Nordstrom has, in the meantime. struggling to grow sales back to pre-pandemic levelsIt is not yet there, but some of its peer stores have. Nordstrom Rack sales declined by 8% in the third quarter of 2019, but revenue rose by 3% over the same period two years ago.

During an earnings conference, Erik Nordstrom, Chief Executive of Rack stated to analysts that Rack had engaged external consultants in order to increase Rack’s profitability and performance.

He stated in November that Rack’s recovery was not as good as it could be.

Nordstrom stock closed Monday lower than 1% at $20.10 after having dropped 36% in the year prior. The company now has a market value of $3.2B.

Bloomberg has the complete report. here.