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Fortune 500

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The retailer that operates the Macy’s and Bloomingdales department store chains slipped 10 spots on this year’s list, but it ended fiscal year 2017 on a high note, reporting its first quarterly comparable sales increase since the end of 2014. After shuttering some 100 underperforming stores in the past year and seeing its headcount drop by 12% to 130,000, Macy’s is trying to stage a dramatic corporate turnaround amid a reckoning in traditional retail. Its comeback plan includes de-emphasizing discounting, ramping up exclusive products, and boosting its online shopping experience with services like faster delivery.

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Jeffrey Gennette

CEO Title

Chairman & Chief Executive Officer




General Merchandisers

HQ Location


Years on Fortune 500 List




Figures are for fiscal year ended Jan. 31, 2018.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$24,837-3.7%
Profits ($M)$1,547.0149.9%
Assets ($M)$19,381
Total Stockholder Equity ($M)$5,673
Market Value — as of March 29, 2018 ($M)$9,065
Profit Ratios
Profit as % of Revenues6.2%
Profits as % of Assets8.0%
Profits as % of Stockholder Equity27.3%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)5.04
EPS % Change (from 2016)153.3%
EPS % Change (5 year annual rate)9.2%
EPS % Change (10 year annual rate)9.8%
Total Return
Total Return to Investors (2017)-25.5%
Total Return to Investors (5 year, annualized)-5.4%
Total Return to Investors (10 year, annualized)2.2%
()0.00 0.00 (0)
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News about Macy’s

Macy’s New CEO Says “I’m Open to Acquisitions”

Macy's new boss is shaking things up at the 159-year old retailer.

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Macy's Customer Credit Data Hacked In Breach

About 0.5% of its online users were affected.

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55 New Bluemercury Stores Planned Across the U.S., Macy's Says

Macy’s Inc., pleased so far with the performance of Bluemercury, is pushing for more stores.

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Amazon's Try-Before-You-Buy Wardrobe Service Is Ready for Prime Time

With 80 million Prime members, Amazon can really hurt clothing stores.

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Macy's Investment in Tech Startup b8ta Shows It's Serious About a Turnaround

Moves like this could speed up the department store's metabolism and combat the stasis afflicting retail

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