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Macy's stock has fallen 30% in the last year. Image source: Macy's. Now what Even though its valuation has fallen considerably in recent years, Macy's still has a market cap of nearly $10 billion, meaning that a buyout would be a considerable quest for most potential suitors. The market cap for Hudson's Bay itself is less than $2 billion. Still, while a buyout of Macy's might not be likely in the immediate future, the company has some potentially major value to be unlocked by selling off pieces of its valuable real estate, which it has proved willing to do; sales of its properties have been ramping up in recent months, including the announced sale of its famous store in San Francisco's Union Square. With earnings down more than 42% year over year in fiscal year 2016, the company certainly needs some drastic moves for the stock to be worth pursuing now. Seth McNew has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .

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