Macy's, originally R. H. Macy & Co. (stylized as macy's), is a mid-range chain of department stores owned by American multinational corporation Macy's, Inc. It is one of two divisions owned by the company, with the other being the upscale Bloomingdale's. As of January 2014, the Macy's division operates 789 department store locations in the continental United States, Hawaii, Puerto Rico, and Guam, including a prominent Herald Square flagship location in Midtown Manhattan, New York City.

Macy's is known for its niche in popular culture and the diversity of its merchandise. Most locations compete with Belk, Bon-Ton, Dillard's, Kohl's, JCPenney, Boscov's and Sears; upscale locations compete with Nordstrom, Neiman Marcus, Lord & Taylor, Saks Fifth Avenue and Von Maur. Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924 and has sponsored the city's annual Fourth of July fireworks display since 1976. Macy's flagship store on Herald Square is wrongly advertised as the largest in the world, even though it is smaller than the largest store of Shinsegae, and draws shoppers from well beyond the New York City Metropolitan Area. The venue is in close proximity to other Manhattan landmarks, including the Empire State Building, Koreatown, Pennsylvania Station, and Madison Square Garden.


Type
Public
HQ
Cincinnati, US
Founded
1858
Employees
157,900 (est)
Macy's was founded in 1858 and is headquartered in Cincinnati, US

Key People at Macy's

Terry  Lundgren

Terry Lundgren

Chairman & CEO
Karen  Hoguet

Karen Hoguet

CFO
Robert   Harrison

Robert Harrison

COO
Jeffrey  Gennette

Jeffrey Gennette

President
Richard Lennox

Richard Lennox

CMO
Jeffrey  Kantor

Jeffrey Kantor

CSO
Peter  Sachse

Peter Sachse

CGO
Molly  Langenstein

Molly Langenstein

CPBO
Cheryl Heinonen

Cheryl Heinonen

EVP
Felicia Williams

Felicia Williams

EVP, Controller, Enterprise Risk
Elisa Garcia

Elisa Garcia

CLO
William  Allen

William Allen

Chief HR Officer

Macy's Locations

Cincinnati, US

Macy's Metrics

Macy's Summary

Market capitalization

$9 B

Closing share price

$29.9
Macy's's current market capitalization is $9 B.

Macy's Financials

Macy's's revenue is $27.1 B in FY, 2015 which is 3.65% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$27.9 B$28.1 B$27.1 B

Gross profit

$11.2 B$11.2 B$10.6 B

Operating income

$2.68 B$2.8 B$2.04 B

Net Income

$1.49 B$1.53 B$1.07 B

Operating cash flow

$437 M$-27 M$-1.14 B

    Macy's Operating Metrics

    Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016

    Stores

    886887901871874879888

    Macy's Market Value History

    Market Position – ecommerce, Retail, clothing, department stores, fashion, footwear

    Macy's Online Presence

    Macy's News

    Macy's Company Life

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