Tuesday, July 16th 2019

M - Macy's

Macy's (NYSE:M) was founded by Rowland Hussey Macy in 1858 in Cincinnati, Ohio. Eventually a new store was opened in New York City under the name "R. H. Macy & Company."

The business has about 840 stores in operation across 45 states in the U.S., as well as others in Puerto Rico and Guam.

The retail company operates under two major brands, with Bloomingdale's being the other besides Macy's. They're also operating on the Internet under those two brands as well. Their Bloomindale brand has 40 physical stores located in 12 states at this time.

Macy's strategy has been largely to locate is urban areas with a lot of concentrated populations.

Macy's, Inc. is based in Cincinnati, Ohio.
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