Macy's(NYSE) M

Macy's, Inc. helps people buy clothes and home goods. It runs department stores and websites under several different brands. The company also sells luxury beauty and skincare items.

What Macy's Sells to You

• Macy's Nameplate: Department stores and websites selling apparel, accessories, and home goods for general consumers.
• Bloomingdale's: Upscale stores and digital platforms providing luxury merchandise across several categories.
• Bluemercury: Specialty retail shops and websites selling makeup, fragrances, and dermatological skincare products.
• Macy's Media Network: Advertising platform that allows partners to reach customers through the company digital channels.

Moving the Business Forward

• Launched Ask Macy's, an artificial intelligence tool, to assist digital and in-store customers with their shopping.
• Initiated a project to update 200 store locations with better staffing and localized merchandising strategies.
• Expanded the luxury brand selection at Bloomingdale's to include labels such as Ulla Johnson and Proenza Schouler.
• Monetized store locations by selling real estate for a $9 million gain during the second quarter of 2026.

Efficient Stores and Faster Shipping

Macy's serves customers through a network of department stores, e-commerce websites, and mobile applications. It is modernizing its supply chain to increase processing speeds and ship orders faster.

A Look at the Numbers

• Net sales were $4.9 billion in the second quarter of 2026, up 1.1% year over year.
• Net income rose to $169 million for the 13-week period ended August 1, 2026.
• Comparable sales for the company increased 2.7% during the second quarter of 2026.
• Cash and cash equivalents grew to $1.3 billion by August 1, 2026.

Bottom Line

Macy's has shifted its focus toward high-performing store locations and expanded luxury offerings. Its modernization strategy aims to improve efficiency while maintaining a broad retail presence.