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America's largest mid-range to upscale department store chain has 800 locations nationwide and stocks a diverse merchandise mix.

Vital statistics

  • 1858 Established
  • Public Type
  • $6.12 billion (2012) Revenue
  • Cincinnati, Ohio, United States HQ

Key people

  • Rowland Hussey Macy Founder

Company Snapshot

Company Snapshot

Macy's, originally R. H. Macy & Co., is a mid-range to upscale chain of department stores owned by American multinational corporation Macy's, Inc. It is one of two divisions owned by the company, with the other being the upscale Bloomingdale's. As of January 2014, it operates 793 locations in the United States, with a prominent Herald Square flagship location in Midtown Manhattan, New York City. It also has eSpot ZoomShops kiosks in over 300 store locations selling consumer electronics.

Founded by Rowland Hussey Macy in 1851, Macy's is known for its niche in popular culture and the diversity of its merchandise. Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924, and sponsored the city's annual Fourth of July fireworks display since 1976. The flagship store on Herald Square is advertised as the largest in the world, and draws shoppers from well beyond the New York City Metropolitan Area. The venue is in close proximity to other Manhattan landmarks, including the Empire State Building, Koreatown, Pennsylvania Station, and Madison Square Garden.

As of 2012, Macy's is the largest U.S. department store company by retail sales and is the 16th-largest retailer in the United States in 2013 in terms of revenue.

Source: Wikipedia

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