Company
Macy's, Inc.
Headquarters: New York, NY, United States
Founded: 1929
Employees: 130,000
CEO: Mr. Jeffrey Gennette
Market Cap
$5.85 Billion
USD as of Jan. 1, 2023
United States
Top Competitors by Market Capitalization
Industry: Department Stores
Aeon Co. Ltd
Siam Makro Public Company Ltd
El Puerto de Liverpool, S.A.B. de C.V.
Shoprite Holdings Ltd
LVMH
Alibaba
Detailed Description
Macy's, Inc., an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of January 30, 2021, the company operated 727 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam. It also operates in Dubai, the United Arab Emirates and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in 2007. Macy's, Inc. was founded in 1830 and is headquartered in New York, New York.
Product & Services
Clothing footwear accessories bedding furniture jewelry beauty products housewares
Key People
Jeff Gennette (chairman and CEO)
Financials
Revenue: US$24.971 billion (FY2019)
Operating income: US$1.738 billion (FY 2019)
Net income: US$1.098 billion (FY 2019)
Total assets: US$19.194 billion (FY2019)
Total equity: US$6.436 billion (FY 2019)