Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007
Source: macys.com
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...
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