Macy's is a retail company focusing on fashion, home goods, and beauty products. Founded in 1929 in New York City by Xavier Warren, the American holding company has established itself as an industry leader with its wide range of offerings and strong presence in the market. Macy's operates a substantial network of department stores, offering customers a diverse selection of products from major brands and designers.
The company, headquartered in Cincinnati, Ohio, boasts an impressive workforce of 130,000 employees and generates annual revenue of $25.3 billion. Under the leadership of CEO Jeffrey Gennette, Macy's continues to adapt and innovate in the retail industry. Despite its workforce's diverse demographic backgrounds, the company faces challenges in political diversity among its employees. Nevertheless, Macy's remains a prominent player in the retail landscape, competing with other well-known brands such as Staples, Best Buy, and Target.
