Macy's Inc

F:FDO

Business Description

Sector

Consumer Discretionary

Industry

Retail

Headquarters

United States of America US

Employees

90 134

IPO date

Feb 5, 1992

Macy’s is a U.S. department store company that sells clothing, shoes, cosmetics, jewelry, home goods, and gifts through Macy’s, Bloomingdale’s, and Bluemercury. It serves everyday shoppers as well as customers looking for higher-end fashion and beauty products. The company sells both national brands and its own private-label merchandise, which lets it control part of the product mix and pricing.

Most of Macy’s money comes from retail sales in its stores and on its websites. It makes a sale each time a customer buys merchandise, and it also earns from related services tied to shopping, such as beauty and specialty retail experiences. The business depends on sourcing products from brands and suppliers, then presenting and selling them through a mix of physical stores and e-commerce.

What makes Macy’s different is its role as a large middleman between brands and consumers. It does not make most of the goods it sells; instead, it curates a broad assortment and uses its store network, online channels, and brand names to reach different types of shoppers. That mix of mass-market and upscale retail gives it a place in the middle of the clothing, beauty, and home-goods value chain.