Macy's

Macy's

One of the premier omnichannel retailers of beauty, fashion, home decor, and more products. Learn more

Launch date
Employees
Market cap
$4.1b
Enterprise valuation
$9.4b (Public information from Sep 2024)
New York City New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues25.3b18.1b25.3b25.3b23.9b22.4b22.0b
% growth(2 %)(29 %)40 %-(6 %)(6 %)(2 %)
EBITDA2.1b(32.0m)3.1b2.5b2.1b--
% EBITDA margin8 %-12 %10 %9 %--
Profit564m(3.9b)1.4b1.2b105m--
% profit margin2 %(22 %)6 %5 %---
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DateInvestorsAmountRound
N/A

N/A

IPO

N/A

Post IPO Equity
Total Funding-

Recent News about Macy's

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More about Macy'sinfo icon
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Macy's, Inc. (website: macys.com) is a well-established American retail company that operates in the fashion and home goods market. The company primarily serves a broad range of clients, including men, women, and children, offering a variety of products such as clothing, accessories, jewelry, beauty products, shoes, and home essentials. Macy's caters to both budget-conscious shoppers and those seeking premium brands, making it a versatile player in the retail sector.

Macy's operates through a combination of physical stores and its online platform, macys.com. The company has a significant presence in the United States, with numerous brick-and-mortar locations complemented by a robust e-commerce site. This dual-channel approach allows Macy's to reach a wide audience and provide flexible shopping options, such as buying online and picking up in-store.

The business model of Macy's revolves around retail sales. It makes money by purchasing products from suppliers and selling them at a markup to consumers. Additionally, Macy's offers a branded credit card, which provides another revenue stream through interest and fees. The company also runs various promotions and loyalty programs to encourage repeat business and increase customer retention.

Macy's differentiates itself by offering free shipping on orders over a certain amount and providing fast, free store pickup options. This enhances the customer experience by adding convenience and value. The company also engages in data sharing with other companies for transaction processing, fraud prevention, and vendor direct shipping, ensuring a smooth and secure shopping experience.

In summary, Macy's is a comprehensive retail company that combines traditional in-store shopping with modern e-commerce capabilities to serve a diverse customer base. It generates revenue through product sales and financial services, continually adapting to market trends to maintain its competitive edge.

Keywords: retail, fashion, home goods, e-commerce, physical stores, credit card, promotions, loyalty programs, free shipping, customer experience.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
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ACQUISITION by Macy's May 2018
Bluemercury
ACQUISITION by Macy's Feb 2015