About the Company
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. 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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Latest $M News
Macy’s Inc. Taps Abigail James as Chief DEI Officer
Macy’s has elevated Abigail James to the role of chief diversity, equity and inclusion (DEI) officer, the retailer announced ...
Macy’s strikes a deal with buy-out suitor Arkhouse Management Co.
The proposal to take Macy’s Inc. private lives on, but the heat may be coming down a bit. Macy’s Inc. this morning announced ...
Here's Why Macy's (M) Outpaced Its Industry in the Past 6 Months
Macy's, Inc. M is modernizing operations and using technology to boost efficiency and market responsiveness, targeting ...
Macy's Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms
Arkhouse Management continues to pursue a takeover of Macy's and reached an agreement with the retailer on adding two ...
Macy's: A Sell On Rising Credit Card Delinquencies
Rising credit card delinquencies pose a significant risk to Macy's. Click here to read why M shareholders should prepare for ...
Macy's names 2 independent directors as part of agreement with activist investor
Macy’s said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse ...
Macy’s adds two Arkhouse board candidates in deal to end proxy fight
After the Arkhouse bid was turned down by Macy’s in January, Arkhouse vowed a proxy fight to try and take over the Macy’s ...
Macy's
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's ...
Pontiac retirees group sues Macy’s as investor deal talks continue
A pension fund belonging to retirees from the city of Pontiac is suing Macy's Inc. over threatening to speed up debt payments ...
Macy’s Adds Two Arkhouse Nominees to Board, Deal Talks Continue
Macy’s Inc. named two new directors nominated by activist investor Arkhouse Management Co., which agreed to end its effort to ...
Macy’s Appoints Two New Directors, Continues Talks With Arkhouse & Brigade
Arkhouse and Brigade have withdrawn their director nominations. However, Macy’s continues to engage with Arkhouse and Brigade ...
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