Macy's, Inc. · Cincinnati, OH United States ·(NYSE: M)
Company Description
Phone: 513-579-7000
Fax: 513-579-7555
Toll Free: 800-261-5385
Rankings
- #381 in FT Global 500
- #96 in FORTUNE 500
- S&P 500
View Macy's, Inc. Locations On A US Map
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This link will open in a new window The nation's #1 department store chain has adopted the name of its most famous brand and cash cow: Macy's. Macy's, Inc., operates more than 840 stores in 45 states, the District of Columbia, Guam, and Puerto Rico under the Macy's and Bloomingdale's banners that ring up some $25 billion in annual sales. The stores sell men's, women's, and children's apparel and accessories, cosmetics, and home furnishings, among other things. It also operates macys.com and bloomingdales.com. Macy's flagship store in Manhattan's Herald Square is the world's largest. The Macy's Thanksgiving Day Parade, started in 1924, is an annual rite. Macy's (formerly Federated Department Stores) began as a dry goods store 150 years ago. To read the full description, subscribe now.
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Key Macy's, Inc. Financials
| Company Type | Public - NYSE: M Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $24,892.0 |
| 2009 Employees | 167,000 |
Macy's, Inc. Executives
58 executives listed for Macy's, Inc.'s Cincinnati, OH location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Terry Lundgren | Network |
| CFO | Karen Hoguet | Network |
| President and CIO, Macy's Systems and Technology | Larry Lewark | Network |
Competition
Competitive Landscape for Macy's, Inc.
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.Top Macy's, Inc. Competitors
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