MACYS INC's ticker is M and the CUSIP is 55616P104. A total of 388 filers reported holding MACYS INC in Q3 2023. The put-call ratio across all filers is 1.07 and the average weighting 0.1%.
About MACYS INC
Macy's Inc. is a well-known American department store chain that has been in business for over 160 years. The company operates more than 550 stores across the United States, including its flagship store in Herald Square, New York City. Macy's is known for its wide range of products, including clothing, accessories, home goods, and beauty products.
In recent years, Macy's has faced challenges due to the rise of online shopping and changing consumer preferences. However, the company has taken steps to adapt to these changes, including investing in its e-commerce platform and expanding its off-price brand, Macy's Backstage.
Macy's has also made changes to its leadership team, with Jeff Gennette taking over as CEO in 2017. Under Gennette's leadership, the company has focused on improving its customer experience and optimizing its store portfolio.
Despite these efforts, Macy's has faced financial difficulties in recent years, with declining sales and profits. However, the company has taken steps to address these issues, including closing underperforming stores and cutting costs.
Overall, Macy's remains a major player in the retail industry, with a strong brand and a loyal customer base. While the company faces challenges, it has shown a willingness to adapt and evolve in order to remain competitive in a rapidly changing retail landscape.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
External links
This page lists MACYS INC's shareholders in Q3 2023. To view MACYS INC's shareholder history, click here.