By Daniel Kline The chain has made a big move as part of its ongoing attempt to transform its business. Macy’s M had lost its way. CEO Jeff Gennette may not use those exact words, but he has acknowledged that his company had its work cut out for it, while also asserting that it has made some progress. However, you don’t talk like he did during the retailer’s fourth-quarter earnings call if you think everything has been going well. “We continue to make good progress on the transformation of our company and build momentum. And we are much better positioned for long-term success. Our business has…