Macy's, Inc.

Is Macy's, Inc. publicly traded?
Yes. Macy's, Inc. trades on the New York Stock Exchange under the ticker M. Institutional investors hold the majority of shares.

When was Macy's founded?
Rowland Hussey Macy opened the original Macy's store in New York City in 1858. The corporate parent traces its current form to Federated Department Stores, renamed Macy's, Inc. in 2007.

Who owns Macy's?
Macy's is a public company with no controlling shareholder; institutional investors hold most shares. It is not owned by another retailer.

What brands does Macy's, Inc. own?
Macy's, Inc. operates three retail nameplates: Macy's (including Backstage and small format), Bloomingdale's (including Bloomie's and The Outlet), and Bluemercury. It also owns private label merchandise brands including INC, Charter Club, and Alfani.

What is Macy's revenue?
Macy's, Inc. reported net sales of $21.8 billion for fiscal year 2025 (ended January 31, 2026), down 2.4% year over year, with comparable sales up 1.5%.

Rowland Hussey Macy opened R.H. Macy & Co. in New York City in 1858. The Herald Square flagship, which the company moved to in 1902, became the largest store in the world for much of the twentieth century and remains the company's flagship.

Macy's grew into a regional chain and was acquired by Federated Department Stores in 1994. Federated, itself built through decades of department store consolidation, operated banners including Bloomingdale's, Burdines, Lazarus, Marshall Field's (acquired through the 2005 May Department Stores purchase), and Rich's.

In 2005, Federated acquired May Department Stores for approximately $11 billion, doubling its footprint. The company then rebranded nearly all regional banners as Macy's in 2006 and renamed the parent company Macy's, Inc. in 2007, consolidating a century of department store brands under one nameplate.

The 2010s brought sustained pressure from e-commerce and mall decline. Macy's responded with digital investment, the Bluemercury beauty acquisition (2015), and the Backstage off-price concept. In 2020 the company closed its downtown Cincinnati headquarters and consolidated leadership in New York.

Under CEO Tony Spring, who succeeded Jeff Gennette in February 2024, Macy's launched the Bold New Chapter strategy: closing roughly 150 underperforming Macy's stores over three years, investing in 350 go-forward locations including the Reimagine 125 group, accelerating Bloomingdale's and Bluemercury, and expanding small-format stores.

Fiscal 2025 results, reported March 2026, showed the strategy gaining traction: $21.8 billion in net sales, comparable sales growth of 1.5%, and Bloomingdale's delivering 7.4% comparable sales growth with its best holiday performance on record.

Macy's publishes an annual social purpose report under its Mission Every One platform, covering sustainability targets, supplier standards, and workforce development. The company has committed to science-aligned emissions reductions and sustainable packaging initiatives, though it holds no B Corp certification.

Bloomingdale's achieved record Net Promoter Scores for a second consecutive year in FY2025. Macy's has been recognized for supply chain and diversity initiatives, and the Thanksgiving Day Parade remains one of the most-watched annual broadcasts in the United States.

Macy's attracted activist investor attention in 2024, when Arkhouse Management and Brigade Capital pursued a takeover approach that ended without a deal. Store closures under Bold New Chapter have drawn local criticism in affected communities, and the company faces ongoing scrutiny over private-label sourcing and retail labor practices common to the sector.