What is Macy's's business focus and history?

Macy's is a publicly traded company based in New York City, founded in 1858 by Rowland Hussey Macy. It operates as a leading American department store chain offering a wide range of products including apparel, accessories, cosmetics, and home furnishings. Macy's has faced challenges in recent years, including declining in-store sales and increased competition from online retailers. The company has announced plans to close underperforming stores and focus on expanding its luxury segments, such as Bloomingdale's and Bluemercury.

Macy's Corporate Details & Core Services

Macy's is a leading American department store chain offering a wide range of products including apparel, accessories, cosmetics, home furnishings, and other consumer goods. Founded in 1858, it operates numerous stores across the United States and is renowned for its flagship store at Herald Square in New York City.

Macy's Contact Information & Official Links

Website https://www.macys.com
Social          
Email id contact@macys.com
Phone number +1-212-695-4400
Head office address New York City, New York, United States
Tags Retail Department Store Apparel Home Furnishings Cosmetics

What are Macy's's Key Business Metrics & Stats?

No of employees 85581
Founded year 1858
Type public
SAICS CODE 5311
NAICS Code 452210
Industry Retail
Location New York City, New York, United States
Subsidiary Company bloomingdales.com, bluemercury.com
Stock Name M (NYSE)
Other website macysbackstage.com
Pricing Strategy n/a
Macy's M (NYSE) Firmographic Snapshot 2026 1858 Founded Year 85581 Global Employees United States Headquarters Retail Industry Public Type Verified by DexterAgent.ai

How much funding has Macy's raised to date?

Name Description
Latest Valuation 5.4 Billion (USD)

What are Macy's's Core Products?

Name Description
Women's Apparel A wide selection of women's clothing including dresses, tops, and outerwear.
Men's Apparel Men's clothing ranging from casual wear to formal suits.
Home Furnishings Furniture and decor items for every room in the house.
Cosmetics Beauty products including makeup, skincare, and fragrances.

What are the latest developments at Macy's?

Date Type Description
February, 2024 article Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations
January, 2025 article Macy's closing 66 more stores in 2025. See the closure list.
January, 2024 article Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital Management

Macy's VS Nordstrom VS Kohl's VS Dillard's : 2026 Comparison

Feature Macy's Nordstrom Kohl's Dillard's
Core Strengths Women's Apparel, Men's Apparel, Home Furnishings, Cosmetics Clothing, Footwear, Accessories, Beauty Products, Home Furnishings Apt. 9, Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, Tek Gear, LC Lauren Conrad, Nine West, Simply Vera Vera Wang Antonio Melani, Gianni Bini, Roundtree & Yorke, Daniel Cremieux
Founded Year 1858 1901 1962 1938
Stock Name/Ticker M (NYSE) KSS (NYSE) DDS (NYSE)
Type public private public public
Global Employees 85581 55000 87000 28800
Revenue (Annual) $22.3 Billion(2024) $15.5 Billion(2024) $16.2 Billion(2025) $6.8 Billion(2024)
Headquarters New York City, New York, United States Seattle, Washington, United States Menomonee Falls, Wisconsin, United States Little Rock, Arkansas, United States
Latest Valuation $5.4 Billion $6.3 Billion $2.2 Billion $10.1 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Nordstrom 15.5 | 55000 Kohl's 16.2 | 87000 Dillard's 6.8 | 28800 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Macy's, Inc.
Cin number
GST number
Registration number n/a

Who is in Macy's's executive leadership team?

Name Designation
CEO Tony Spring
CFO Adrian V. Mitchell

Where are Macy's's primary office locations?

City Country
New York City United States
San Francisco United States
Chicago United States
Los Angeles United States
Boston United States

What are the current business signals and market intelligence for Macy's?

Spending next 3 months Store modernization, Digital transformation, Expansion of luxury segments
Pain points Declining in-store sales, Competition from online retailers, Changing consumer preferences
Sales motion Omnichannel retailing, In-store promotions, Loyalty programs
Buyer Persona Middle to upper-middle-class consumers seeking quality products at reasonable prices
Type of customer Retail consumers
Key customer domain n/a
Annual ACV n/a

What is Macy's's annual revenue history?

Year Revenue (USD)
2024 22.3 Billion

What are Macy's's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 3.5
Glassdoor Rating 3.5

What are Macy's's business model and service classifications?

Saas No
Offline Stores Yes
Service Yes
Ecommerce Yes
Exporter No
Mobile App Yes
Retail Yes
B2B No
B2C Yes
Manufacturing No
Wholesale No
Importer No
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