Macy's Inc at Morgan Stanley Global Consumer & Retail Conference (Virtual) Transcript
Good morning, everyone. My name is Kimberly Greenberger, and I'm the specialty softline, department store and branded apparel and footwear analyst here at Morgan Stanley. We're very pleased that you were able to join us today to kick off the final day of Morgan Stanley's Global Consumer Retail Conference. And we're equally delighted to welcome Macy's management with us today.
Macy's is the largest U.S. department store, generating approximately $17 billion in net sales in 2020 and nearly $25 billion in 2019 across over 700 store locations and e-commerce. The company operates the Macy's and Bloomingdale's banners as well as luxury beauty retailer, Bluemercury. Today, we're joined by Adrian Mitchell, Macy's Chief Financial Officer.
Adrian joined Macy's in November of 2020 and brings a vast and varied retail experience to the company, additional strategic perspective and an operational track record to the senior leadership team at Macy's. He previously served as Managing Director and Partner at Boston Consulting Group,
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