Last $57.82 USD
Change Today -0.08 / -0.14%
Volume 5.7M
M On Other Exchanges
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As of 8:04 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

macy's inc (M) Snapshot

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08/27/14 - $63.10
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11/1/13 - $45.56
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macy's inc (M) Details

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates Bloomingdale’s Outlet stores that offer a range of apparel and accessories, including women's ready-to-wear, fashion accessories, jewelry, handbags, and intimate apparel, as well as men's, children's, and women's shoes. As of October 28, 2014, it operated approximately 840 stores under the Macy's and Bloomingdale's names in 45 states of the United States, the District of Columbia, Guam, and Puerto Rico, as well as the and Websites; and 13 Bloomingdale's Outlet stores. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is headquartered in Cincinnati, Ohio.

172,500 Employees
Last Reported Date: 04/2/14
Founded in 1830

macy's inc (M) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.6M
Total Annual Compensation: $870.8K
Chief Financial Officer
Total Annual Compensation: $870.8K
Chief Stores Officer
Total Annual Compensation: $870.8K
Chief Private Brand Officer
Total Annual Compensation: $842.5K
Compensation as of Fiscal Year 2013.

macy's inc (M) Key Developments

Macy's Introduces New Holiday Arcade in Six Locations

Macy's announced that it is introducing the Holiday Arcade - in-store gifting shops offering customers an eclectic assortment of distinctive and playful options for every person on their shopping list. Specialty toy and novelty gifts will include a variety of items from Madame Alexander dolls and a Paddington Bear soft toy to affordably priced stocking stuffers and gifts for man's best friend. Holiday Arcade shops will launch at six Macy's locations from late October through mid-November, including Macy's South Coast Plaza (Costa Mesa, CA), Macy's Union Square (San Francisco, CA), Macy's Dadeland (Miami, FL), Macy's State Street (Chicago, IL), Macy's Herald Square (Manhattan, NY) and Macy's Center City (Philadelphia). The Holiday Arcade at five locations including Macy's South Coast Plaza (Costa Mesa, CA), Macy's Union Square (San Francisco), Macy's State Street (Chicago), Macy's Herald Square (Manhattan, NY) and Macy's Center City (Philadelphia) will be home to exclusive Build-A-Bear Workshop shop-in-shops. At these locations Build-A-Bear Workshop will bring its emotional, interactive retail experience to Macy's holiday shoppers, who will have the opportunity to customize Build-A-Bear stuffed animals, as well as the hottest licensed products including figures from Disney's Frozen and Marvel's superheroes.

Macy's and Bloomingdale's to Open Stores in Abu Dhabi and United Arab Emirates in 2018

Macy's, Inc. announced that Macy's and Bloomingdale's stores plan to open in Abu Dhabi, United Arab Emirates (UAE) in 2018 as part of a strategic partnership with Al Tayer Group LLC. This will be Macy's first international store location and the second for Bloomingdale's. The Macy's and Bloomingdale's stores will anchor Al Maryah Central, a new super-regional shopping destination on Al Maryah Island being developed by Gulf Related, a joint venture between Related Companies and Gulf Capital. The 3.1-million-square-foot mixed-use development will include retail, cafés and restaurants, extensive entertainment options, a cinema, health club, luxury hotel and residential towers. The Macy's (205,000 square feet on four levels) and Bloomingdale's (230,000 square feet on four levels) stores will offer a merchandise assortment, ambience and customer service similar to each brand's shopping experience in the United States, while also being sensitive to local preferences and customers. The stores will be operated by Al Tayer Group under license agreements with Macy's, Inc. Al Tayer Group also opened and operates the highly successful Bloomingdale's which opened in Dubai in 2010.

Macy's, Inc. Declares Quarterly Cash Dividend, Payable on January 2, 2015

The board of directors of Macy's, Inc. declared a regular quarterly dividend of 31.25 cents per share on Macy's common stock, payable January 2, 2015, to shareholders of record at the close of business on December 15, 2014.


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