Macy's Mission Statement

Macy’s, Inc. is an American holding company and one of the nation’s premier retailers. The corporation manages departments stores and specialty stores. The department stores include 690 shops that are either called Macy’s or Bloomingdale’s. Other than that, Macy’s, Inc. also owns 160 specialty stores that include Bloomingdale’s The Outlet, Bluemercury and Macy’s Backstage. The company has a short but clear slogan: ‘Way to shop!’. Its main goal is to create accessibility and convenience for its customers. The stores are located at urban or suburban sites in densely populated cities so everyone can easily access their products. The company creates accessibility by providing a wide variety of products. The company operates in 44 American states but also offers their products online through macys.com, bloomingdales.com and bluemercury.com. The corporate offices are situated in Cincinnati (Ohio) and New York City. Altogether, Macy’s, Inc. employs approximately 130,000 people. Jeff Gennette is the current CEO and chairman of the company. He took over the position of Chief Executive Officer in March 2017. It was Terry

Macy’s, Inc. started as a department store holding company in Columbus, Ohio including Abraham & Straus, F&R Lazarus & Company and William Filene’s Sons of Boston. It was founded by Fred Lazarus, Jr., who set up a modern merchandising standard in the mid-1930’s by arranging clothing in groups of a single size with a range of style, color, and price in that size. He created this technique based on what he observed in Paris. Lazarus even convinced President Roosevelt to extend the Christmas shopping season. He assured the President that changing the Thanksgiving holiday from the last Thursday of November to the fourth Thursday would benefit the nation’s business. Since 1941, this day became the most profitable day of the year for Federated, also known as Black