Net Revenue of Macy's

Macy's Inc Net Revenue 2005-2021

Amounts are in $millions.

Macy's Net Revenue (in millions) 2017-2021
Macy's Net Revenue (in millions) 2017-2021.

 

Year Net Revenue ($mn)
2021$24,460
2020$17,346
2019$24,560
2018 $24,971 
2017$ 24,939  
2016 $ 25,908
2015$ 27,079 
2014$ 28,105 
2013$ 27,931 
2012$ 27,686 
2011$ 26,405 
2010 $ 25,003
2009$ 23,489 
2008$ 24,892 
2007$ 26,313 
2006 $ 26,970
2005 $ 22,390

In fiscal 2021, the net sales of Macy's Inc grew signficantly compared to the previous year. The company experienced 43% growth in its net sales in 2021 compared to the previous year.  Its net revenues for 2021 remained $24.45 billion compared to $17.35 billion in 2020. The company generated around 35% of its net sales in 2021 from digital channels.  

The 2020 net revenue of Macy's Inc fell to $17,346 million compared to $24,560 million in 2019. The company's net sales declined by 29.4% in 2020 compared to the previous year mainly due to the impact of Covid-19 pandemic.

(As of January 30, 2021, the operations of the Company included 727 store locations in 43 states, the District of Columbia, Puerto Rico and Guam. The number of Macy's stores in 2020 was 512, that of Bloomingdale's 53 and that of bluemercury, 162.)

Net revenue of Macy's Inc grew to $24.971 billion in 2018 from $24.939 billion in 2017.

Macy’s, Inc. is among the  premier retailers of United States. Fiscal 2018 sales of Macy's climbed to $24.971 billion. In 2018, the company had approximately 130,000 employees. The company operates approximately 680 department stores under the nameplates Macy’s and Bloomingdale’s, and nearly 190 specialty stores that include Bloomingdale’s The Outlet, Bluemercury, and Macy’s Backstage. Macy’s, Inc. stores are operational in 43 states, the District of Columbia, Guam and Puerto Rico, as well as macys.com, bloomingdales.com and bluemercury.com. The Al Tayer Group LLC operates Bloomingdale’s stores in Dubai and Kuwait are operated under license agreements. Macy’s, Inc. has corporate offices in Cincinnati, Ohio, and New York, New York.

(As of January 29, 2022, Macy's operated 725 store locations in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy’s Backstage, Market by Macy’s, Bloomingdale's, Bloomingdale’s The Outlet, Bloomies, and bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates, and Al Zahra, Kuwait are operated under license agreements with Al Tayer Insignia, a company of Al Tayer Group, LLC.)