About Macy's
Macy's is a company based in New York (United States) founded in 1858.. The company has 94,190 employees as of January 31, 2024. Macy's offers products and services including Clothing and Home Goods.
- Headquarter New York, United States
- Employees 94190 as on 31 Jan, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Macy's Inc
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Annual Revenue
$23.01 B-3.6as on Jan 31, 2024
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Net Profit
$582 M1193.33as on Jan 31, 2024
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EBITDA
$1.82 B-16.04as on Jan 31, 2024
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Latest Funding Round
- Investors
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Employee Count
94190
as on Jan 31, 2024
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IPO & Listings of Macy's
Macy's 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.
Products & Services of Macy's
Macy's offers a comprehensive portfolio of products and services, including Clothing and Home Goods. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Clothing items are sold for women, men, and kids, covering categories like activewear, dresses, and jeans
Home goods such as bedding, bath towels, and kitchenware are provided for everyday use
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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's
- 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 |
|---|---|---|---|---|---|
| May, 2020 | Amount | Post-IPO - Macy's | 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's
Macy's has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vesa Equity Investment. 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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A private investment firm focused on long-term strategic investments.
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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's
| 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 |
Financial Statements - Macys
| 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's Comparisons
Competitors of Macy's
| 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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Latest news on Macy's
Frequently Asked Questions about Macy's
When was Macy's founded?
Macy's was founded in 1858 and raised its 1st funding round 162 years after it was founded.
Where is Macy's located?
Macy's is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Macy's?
Tony Spring is the current CEO of Macy's.
How many employees does Macy's have?
As of Jan 31, 2024, the latest employee count at Macy's is 94,190.
What is the annual revenue of Macy's?
Annual revenue of Macy's is $23.01B as on Jan 31, 2024.
What does Macy's do?
In 2022, the company recorded annual revenues of 25.3B and a net profit of 1.18B.
What products or services does Macy's offer?
Macy's offers Clothing and Home Goods.
Is Macy's publicly traded?
Yes, Macy's is publicly traded on NYSE under the ticker symbol M.
Who are Macy's's investors?
Macy's has 1 investor. Key investors include Vesa Equity Investment.
What is Macy's's ticker symbol?
The ticker symbol of Macy's is M on NYSE.
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