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M
Macy's Inc.

5/27/2012, 5:45 PM ET
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M Market Currents more »
  • Wednesday 9:16 AM Macy's (M) plans to invest $15M in Chinese online retailer VIpStore and sell products through the firm's website. Though it's a relatively small investment, it falls in line with the company's goal of making strategic plays in China through collaborations, joint ventures, and partnerships - instead of a large-scale all-in bet.
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Company Description

General. The Company is a Delaware corporation. The Company and its predecessors have been operating department stores since 1820. On May 18, 2007, the shareholders of the Company approved a change in its corporate name from Federated Department Stores, Inc. to Macy’s, Inc., effective June 1,... More

Sector: Services
Industry: Department Stores
Country: United States