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Macy's, Inc. is a US retailer holding company founded in 1929 and maintaining corporate offices in New York and Cincinnati, Ohio, USA. Macy's operates over 700 Macy's and Bloomingdale's department stores as well as 125 specialty stores, including Bloomingdale's The Outlet, Macy's Backstage and Bluemercury. The company employs approximately 140,000 people and operates in 45 states, the District of Columbia, Puerto Rico and Guam as well as Dubai and Kuwait. The company's common stock is traded on the New York Stock Exchange (NYSE). Follow the Macy's share price at Capital.com.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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