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.

As of 2012, Macy's is the largest U.S. department store company by retail sales and is the 16th-largest retailer in the United States in 2013 in terms of revenue.

Type
Public
HQ
Cincinnati, US
Founded
1858
Employees
157,900 (est)-5%
Macy's was founded in 1858 and is headquartered in Cincinnati, US

Key People at Macy's

Timothy Adams

Timothy Adams

Chief for International Business Development
William  Allen

William Allen

Chief HR Officer
Timothy  Baxter

Timothy Baxter

CMO
Jeffrey  Gennette

Jeffrey Gennette

President
Robert   Harrison

Robert Harrison

Chief Omnichannel Officer
Karen  Hoguet

Karen Hoguet

CFO
Jeffrey  Kantor

Jeffrey Kantor

Chief Stores Officer
Molly  Langenstein

Molly Langenstein

Chief Private Brands Officer
Terry  Lundgren

Terry Lundgren

Chairman & CEO
Patti  Ongman

Patti Ongman

Chief Merchandise Planning Officer
Martine  Reardon

Martine Reardon

CMO
Peter  Sachse

Peter Sachse

Chief Innovation and Business Development Officer

Macy's Locations

Cincinnati, US

Macy's Metrics

Macy's Summary

Market capitalization

$13.2 B

Closing share price

$43.2
Macy's's latest market capitalization is $13.2 B.

Macy's Market Value History

Macy's Online Presence

Macy's News

Macy's Company Life

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