About Macy
Macy is a company based in Cincinnati (United States) founded in 1830.. The company has 85,581 employees as of February 29, 2024. Macy has completed 3 acquisitions, including Bluemercury, Lord & Taylor and QQ39BET.
- Headquarter Cincinnati, United States
- Employees 85581 as on 29 Feb, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
85581
as on Feb 29, 2024
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Investments & Acquisitions
Bluemercury
& 2 more
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IPO & Listings of Macy
Macy is a publicly listed company on the NYSE with ticker symbol M in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
90 people
Leadership Team
62 people
Human Resources and Administration
27 people
Finance and Accounting
21 people
Sales and Marketing
14 people
Senior Team
12 people
Legal and Compliance
10 people
Board Team
8 people
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Funding Insights of Macy
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2015 | Amount | Post-IPO - Macy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Macy
Macy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Starboard Value. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple investment strategies are employed by this hedge fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Macy
Macy has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bluemercury, Lord & Taylor and QQ39BET. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bluemercury is recognized as a retailer of beauty and personal care products.
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1999 | ||||
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Lord & Taylor is recognized as a luxury fashion retailer.
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0 | ||||
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Online slot and casino gaming services are provided by QQ39BET, focusing on accessible and engaging gambling experiences.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Macy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Macy Comparisons
Competitors of Macy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Macy
When was Macy founded?
Macy was founded in 1830 and raised its 1st funding round 185 years after it was founded.
Where is Macy located?
Macy is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Macy?
Jeff Gennette is the current CEO of Macy.
How many employees does Macy have?
As of Feb 29, 2024, the latest employee count at Macy is 85,581.
What does Macy do?
Macys (originally Federated Department Stores) is an operator of retail chains. They specialize in the sale of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and houseware. As of January 2016, they operate 870 stores. They operate the stores under the Macys, Macys Backstage, Bloomingdales, Bloomingdales Outlet and Bluemercury brand names. In 2022, the company recorded annual revenues of 25.3B and a net profit of 1.17B.
Is Macy publicly traded?
Yes, Macy is publicly traded on NYSE under the ticker symbol M.
How many acquisitions has Macy made?
Macy has made 3 acquisitions, including Bluemercury, Lord & Taylor, and QQ39BET.
Who are Macy's investors?
Macy has 1 investor. Key investors include Starboard Value.
What is Macy's ticker symbol?
The ticker symbol of Macy is M on NYSE.