Introduction:
As of January 31, 2022, there were 510 stores (570 boxes), including 11 flagships (16 boxes) and 384 magnets (429 boxes), for a total of 395 core stores (445 boxes), and 51 neighborhood stores (56 boxes), 47 furniture galleries (52 boxes), 2 furniture clearance centers, 8 freestanding Backstage stores, 5 Market by Macy's and 2 stores converted to fulfillment centers (there are a total of 506 full line stores) with the Macy's nameplate in operation throughout the United States.
Macy's (originally R. H. Macy & Co. ) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy.
The company had 130,000 employees and earned annual revenue of $24. 8 billion as of 2017. Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924 and has sponsored the city's annual Fourth of July fireworks display since 1976.
Macy's, the largest retail brand of Macy's, Inc. (NYSE:M), delivers fashion and affordable luxury to customers at approximately 670 locations in 45 states, the District of Columbia, Puerto Rico and Guam, as well as to customers in the U.S. and more than 100 international destinations through its leading online store at macys.com. Via its stores, e-commerce site, mobile and social platforms, Macy's offers distinctive assortments including the most desired family of exclusive and fashion brands for him, her and home. Macy's is known for such epic events as Macy's 4th of July Fireworks® and the Macy's Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows and celebrity appearances. Macy's flagship stores -- including Herald Square in New York City, Union Square in San Francisco, State Street in Chicago, and Dadeland in Miami and South Coast Plaza in southern California -- are known internationally and are leading destinations for visitors. Building on a more than 150-year tradition, and with the collective support of customers and employees, Macy's helps strengthen communities by supporting local and national charities giving more than $69 million each year to help make a difference in the lives of our customers.
Key Facts:
- Parent Company Launch date: October 28, 1858; 163 years ago (1858-10-28) in New York, New York, U.S.
- Product Launch: 1858
- Founder: Rowland Hussey Macy
- Estimated Monthly Visitors: 500m-1b
- Telephone number: (800) 367-5690
- Domain name: macys.com
- Owner: Macy's
- Company Type: Subsidiary
- Country of operation: Worldwide
- Number of Location: 510 (570 boxes) (FY 2021)