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This statistic highlights Macy’s Number of Stores by Segment, split across Bloomingdale’s, Macy’s, and Bluemercury, reported annually.
Macy’s Number of Stores by Segment
The following table highlights Macy’s Number of Stores by Segment for the years 2018, 2019, and 2020.
|Stores by Segment||2018||2019||2020||Contribution in 2020|
Macy’s Inc operates its business operations through its three most prevalent retail chain subsidiaries which are bifurcated below:
Macy’s Inc generates most of its revenue from Macy’s stores. Macy’s herald square is one of the biggest department stores in the world. Macy’s has its own three subsidiaries through which it runs its operations namely; Macy’s Furniture Gallery, Market by Macy’s, and Macy’s Backstage. It deals with vast varieties of Men’s, women’s, and children’s clothing and activewear, cosmetics, home furnishings, handbags, nail care, shoes, and other day-to-day consumer goods. Apart from business activities, the company plays an exceptional role in American culture and heritage through, Macy’s 4th of July Fireworks, Macy’s Thanksgiving Day Parade, Fashion shows, Flower shows, and much more.
The company’s stores decreased by 649 in 2018 to 572 in 2020, mainly due to the COVID outbreak which negatively impacted the company’s operations and lowered the total market for its products.
Bloomingdale is a luxury American departmental store chain, offering a distinctive product mix including, Clothing, footwear, leather goods, bedding, furniture, beauty products, and more. The company presents an incredible assortment to its customer bolstered by its exclusive and iconic private brands; namely, AQUA, LINI, The Men’s Store, Hudson Park Collection, and Sky.
In 2020, the total number of stores owned by the company was 55, in which there were 35 department stores, 19 outlets, and 1 furniture outlet.
Bluemercury is the nation’s largest and fast-growing company, dealing with luxury cosmetic products including in-store facials and spa treatments. The company was acquired by Macy’s Inc in 2005, which assisted the company to expand its operations by opening in-store Bluemercury shops in Macy’s department stores. The company has developed two of its own makeup lines namely, M-61 and Lune + Aster in the years 2012 and 2015 respectively. Most of the Cosmetic products of Bluemercury are vitamin-infused, vegan, and gluten-free; furthermore, paraben and phthalate-free, and are not tested on animals.
In 2020, the total number of stores that company-owned were 162, which is 5.26% less as compared to 2019.
About the Company
Macy’s Inc. is a retail omnichannel organization offering a wide range of cosmetics, home furnishings, apparel and accessories for men, women, and kids, and other consumer goods. Its headquarter is situated in New York, United States, where Macy’s world’s biggest department store is located. It operates through its widely renowned retail brands; namely, Bloomingdale’s, Macy’s, and Bluemercury. According to 2021 trends, the company owns around 732 stores worldwide and is having over 90,000 employees. The company has registered itself under the ticker name “M” in New York Stock Exchange (NYSE). The primary Competitor of the company includes KOHLS Corp, Nordstrom Inc, Brazilian Distribution Co., and Dillard’S Inc.
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