It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007. As of 2015, Macy's was the largest U.S. department store company by retail sales. In addition to Bloomingdales, Macy’s also owns luxury beauty retailer Bluemercury. In recent days, as Macy’s continues its shift to strategically shutter locations, news broke of the permanent closure of a longstanding Bloomingdales store. Macy’s locations proper are also experimenting with smaller versions of their stores.

Source: The Guardian September 05, 2022 21:20 UTC