M - Macy's, Inc.

Company Overview

Name

Macy's, Inc.

Tickers

M

Exchanges

NYSE

Employees

85581

Founded

1985

Sector Information

Other Information

CIK

794367

Category

Large accelerated filer

1-Line Summary

Macy's, Inc. is a major retail corporation offering a diverse range of merchandise through a network of department stores and digital platforms.

Company summary

Macy's, Inc. is a well-established retail corporation operating a variety of department stores, including Macy's, Bloomingdale's, and Bluemercury, among others. With a history dating back to 1830 and headquartered in New York City, the company operates 718 locations across the U.S. and territories, offering a wide range of products that include apparel, accessories, cosmetics, home furnishings, and more. Their business model focuses on both physical and digital channels, providing integrated support through subsidiaries specializing in logistics, merchandising, and credit services.

The company capitalizes on its extensive retail experience and diverse product assortment to attract customers, particularly in densely populated urban and suburban areas. Macy's private label brands serve to differentiate its offerings, enhancing customer loyalty and improving the profitability of sales. Through licensed agreements in international markets like Dubai and Kuwait, Macy's diversifies its revenue streams while serving various consumer demographics and expanding its reach.

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