Description
Macy's, Inc., originally Federated Department Stores, Inc., is an American multinational holding company headquartered in Cincinnati, Ohio. It is the owner of department stores Macy's and Bloomingdale's, which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares. The company operates approximately 850 stores in the United States; its namesake locations and related operations account for 90 percent of its revenue. The company is well known for its prominent flagship stores located throughout the country, most notably those of Macy's in New York, San Francisco, and Los Angeles; former facilities include Jordan Marsh in Boston, Dayton's in Minneapolis, Kaufmann's in Pittsburgh, Burdine's in Miami, Wanamaker's in Philadelphia, Marshall Field's location in Chicago, and Famous-Barr in St. Louis. According to Deloitte, Macy's, Inc. is the world's largest fashion goods retailer and the 36th largest retailer overall, based on the company's reported 2010 retail sales revenue of $25 billion.
