Macy's is a venerable retailer that has been a mainstay in the beauty, fashion, and home decor industry since its founding in 1858. With over 700 department stores and approximately 125 specialty stores nationwide, Macy's has a significant presence in the retail market. In fiscal year 2016, the company reported sales of $25.778 billion and employed about 140,000 individuals.
The company operates under the Macy’s and Bloomingdale’s brands, and also manages an online presence through websites such as macys.com and bloomingdales.com. Internationally, it has licensing agreements for Bloomingdale’s stores in Dubai and Kuwait, managed by Al Tayer Group LLC.
Macy's, Inc. is publicly traded on the New York Stock Exchange under the symbol "M", and it has corporate offices in Cincinnati, Ohio and New York, New York.
Notably, the company received a Post-IPO Equity investment from JANA Partners on 14 October 2021, demonstrating continued interest and confidence from investors in Macy's ongoing ventures. With its established presence and diverse product offerings, Macy's remains a notable player in the E-Commerce, Fashion, and Retail industries.
