Macy's, Inc.

Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over the department store chain Macy's. Despite a long history of preserving regional nameplates, with the acquisition of The May Department Stores Company in 2005, they were retired and replaced by the Macy's and Bloomingdale's brands nationwide by 2006. Ultimately, Federated itself was renamed Macy's, Inc. in 2007.

This article is about the holding company. For the department store chain, see Macy's.
Macy's, Inc.
FormerlyFederated Department Stores, Inc. (1929–2007)
Company typePublic
IndustryRetail
Founded1929 (1929) in Columbus, Ohio, United States
Headquarters
New York City, New York
,
United States
Number of locations
722 (2022)
Area served
Key people
Jeff Gennette (chairman and CEO)
Products
  • Clothing
  • footwear
  • accessories
  • bedding
  • furniture
  • jewelry
  • beauty products
  • housewares
Revenue US$24.971 billion (FY 2019)
US$1.738 billion (FY 2019)
US$1.098 billion (FY 2019)
Total assets US$19.194 billion (FY 2019)
Total equity US$6.436 billion (FY 2019)
Number of employees
~130,000 (2019)
ParentCampeau Corporation (1988–1992)
Subsidiaries
Websitemacysinc.com
Footnotes / references

Macy's, Inc. owns the department store chains Bloomingdale's and Macy's, and beauty store chain Bluemercury, all of which operate flagship stores in Manhattan. As of October 2022, it operates 722 locations in the United States, Guam, and Puerto Rico. The company was the world's largest fashion goods retailer and the 36th largest retailer overall in 2010. Macy's, Inc. has been headquartered within Macy's Herald Square in New York City since 2020, and was previously headquartered in Cincinnati, Ohio from 1945 until 2020.

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