Macy's Inc. is one of the largest premier retailers founded between 1843 and 1885 by Rowland Hussey Macy. Initially, the company was known as Federated Department Stores, Inc, but the name was later changed to Macys, Inc shortly after 2007. By 2015, the company had already recorded fiscal sales of $27.1 billion.
According to the business report of April 2, 2016, the business now has 870 stores operating in 45 different states. Moreover, the company has a diverse workforce – approximately 157,900 members of staff. Today, the company takes part in the New York Stock Exchange trading under the special symbol “M”.