Macy's, Inc. is an omnichannel retail company operating stores, Websites and mobile applications under various brands, such as Macy's, Bloomingdale's and Bluemercury. The Company sells a range of merchandise, including apparel and accessories (men's, women's and children's), cosmetics, home furnishings and other consumer goods. Its subsidiaries provide various support functions to its retail operations. Its bank subsidiary, FDS Bank, provides credit processing, certain collections, customer service and credit marketing services in respect of all credit card accounts that are owned either by Department Stores National Bank (DSNB), which is a subsidiary of Citibank N.A., or FDS Bank. The private label brands offered by the Company include Alfani, American Rag, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, first impressions, Giani Bernini, Greg Norman for Tasso Elba, Holiday Lane, Home Design, Hotel Collection, John Ashford, Karen Scott, Thalia Sodi and lune+aster.
https://www.macysinc.com/Why is Macy's (M) stock an attractive asset to invest in?
Macy's Inc. is an American holding company with almost a century of history. It currently owns an entire chain of retail stores, including Macy's, one of the oldest and largest non-food chains in the world; Bloomingdale's department stores and Bluemercury beauty salons. Its current capitalization exceeds $9.5 bn, and Macy's shares are included in the prestigious S*P SmallCap 600 index.
And one more important point: the pandemic that began in 2020 took a toll on retail trade, however, over the past time, the company has managed to adapt well to new realities and ensured a steady increase in asset values. You can see it from the chart above.
How to buy Macy's shares?
You could buy Macy's shares on the New York Stock Exchange (NYSE). To do this, you need to open an account with a broker that provides access to the global stock market, for example, Just2Trade.
We offer a complete set of tools for convenient and efficient trading:
It takes only three steps to buy Macy's (M) shares:
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