Macy's Company Description
The nation's #1 department store chain has adopted the name of its most famous brand and cash cow: Macy's. Macy's, Inc. (formerly Federated Department Stores) operates about 850 stores in 45 states and rings up more than $26 billion in annual sales. The name change comes on the heels of its acquisition of rival May Department Stores in 2005. The retail giant operates four regional divisions: Macy's East, Macy's Central, Macy's Florida, and Macy's West, and the upscale Bloomingdale's chain. The department stores sell men's, women's, and children's apparel and accessories, cosmetics, and home furnishings (including the Martha Stewart Collection), among other things.
View the Comprehensive Company Description for Macy's
The Company Description provides a historical perspective of Macy's's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Macy's's evolution in the marketplace.
