Investment Summary

Macy s Invests In b8ta

On June 12, 2018, Macy s invested in retailer b8ta

Investment Highlights
  • This is Macy s’ 4th transaction in the Retail sector.
  • This is Macy s’ 4th transaction in the United States.
  • This is Macy s’ 1st transaction in California.

Investment Summary
Date 2018-06-12
Target b8ta
Sector Retail
Investor(s) Macy s
Deal Type Stake Purchase

Target

b8ta

San Francisco, California, United States
b8ta is a software-powered retailer designed to improve the customer and maker experience. b8ta operates flagships stores throughout the US. including San Francisco, New York and Santa Monica with the mission of helping customers discover, try, buy and learn about new products while empowering makers with a simple retail-as-a-service model that puts them in control. Earlier this year, b8ta launched Built by b8ta, a service model which further expands upon retail-as-a-service, by helping to build and operate flagship stores for emerging brands.

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Investor(S) 1

Investor

Macy s

New York, New York, United States
Category Company
Founded 1830
Sector Retail
Employees123,000
Revenue 23.9B USD (2024)
DESCRIPTION
Macy's storefront on Michigan Avenue in downtown Chicago.
Macy's storefront on Michigan Avenue in downtown Chicago.

Macy's is a large retail company that sells a variety of clothing and home goods through department stores and online. The company operates the Macy’s and Bloomingdale’s brands with about 840 stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s; the macys.com and bloomingdales.com websites, and 13 Bloomingdale’s Outlet stores. Macy's was founded in 1830 and is based in New York, New York.

DEAL STATS #
Overall 4 of 4
Sector (Retail) 4 of 4
Type (Stake Purchase) 1 of 1
State (California) 1 of 1
Country (United States) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-03 Bluemercury

Washington, DC, Washington, United States

Bluemercury is a retailer of high quality and innovative beauty and apothecary products through an integrated retail and direct service model.

Buy $210M
Mergr

Product

Company

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