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Macy's, Inc. owns the department store chains Bloomingdale's and Macy's, and beauty store chain Bluemercury, all of which operate flagship stores in Manhattan. As of October 2022, it operates 722 locations in the United States, Guam, and Puerto Rico.
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy. It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
Who owns Macy's? Macy's (NYSE: M) is owned by 75.90% institutional shareholders, 1.45% Macy's insiders, and 22.65% retail investors. Vanguard Group Inc is the largest individual Macy's shareholder, owning 33.95M shares representing 12.24% of the company.
Bloomingdale's Inc. is an American luxury department store chain founded in 1861 by Joseph Bloomingdale and Lyman Bloomingdale. It was acquired by Federated Department Stores in 1930, which acquired the Macy’s department store chain in 1994, when they became sister brands.
Federated Department Stores, Inc. was formed by Abraham & Straus, F&R Lazarus, Shillito’s, and Filene’s of Boston.
FILE - Shoppers enter a Macy’s department store in Bay Shore, Long Island, New York, Dec. 12, 2023. Arkhouse Management and Brigade Capital Management announced Sunday, March 3, 2024, that they are upping their offer to acquire Macy’s in a deal now valued at $6.6 billion.
Macy’s (M) CEO Jeff Gennette will retire in 2024, the company announced Wednesday. Gennette, 61, has been Macy’s CEO for seven years. He led the 165-year-old department store chain through...
Arkhouse Management, a real estate investment firm, and Brigade Capital Management, a global asset manager, submitted a bid to buy Macy’s for $21 a share, valuing Macy’s at $5.8 billion, the...
Top 3 Macy's Shareholders. With an $11 billion market cap as of July 11, 2018, and 863 stores operating under the Macy's, Bloomingdale's, and Bluemercury brands, Macy's (M) is one of the...
Federated Department Stores, Inc. (now known as Macy's, Inc.) is formed as a holding company by several family-owned department stores, including Abraham & Straus and F&R Lazarus (along with its Cincinnati-based subsidiary, Shillito's) and Filene's of Boston.