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MIRA INFORM REPORT
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Report No. : |
484584 |
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Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
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Name : |
MACY'S MERCHANDISING GROUP, INC. |
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Registered Office : |
Corporation Service Company 2711 Centerville
Rd Suite 400 Wilmington, DE 19808 |
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Country : |
United States |
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Date of Incorporation : |
1985 |
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Legal Form : |
Foreign limited liability company |
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Line of Business : |
Subject provides merchandising services. Its services
include conceptualizing, designing, sourcing, and marketing of private label
and private branded goods. |
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No. of Employees : |
1, 155 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Maximum Credit Limit : |
USD 400 000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
UNITED
STATES – ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed has opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
MACY'S MERCHANDISING GROUP, INC. |
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TradeName: |
Macys Merchandising Group Macys |
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ID: |
3870156 |
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Date Created: |
1985 |
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Date Incorporated: |
October 22, 2004 |
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Legal Address: |
Corporation Service Company 2711 Centerville Rd Suite 400 Wilmington, DE 19808 |
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Operative Address: |
11 Penn Plaza Suite 8 New York, NY 10001 United States |
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Telephone: |
212-494-6000 |
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Fax: |
212-494-6824 |
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Legal Form: |
FOREIGN LIMITED LIABILITY COMPANY |
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Email: |
NA |
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Registered in: |
Delaware (DE) |
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Website: |
www.macysinc.com |
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Contact: |
Leonard Marcus, President |
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Staff: |
1, 155 |
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Activity: |
NAICS 1: Other Clothing Stores NAICS 2: SIC 1: Western Apparel SIC 2: Army-Navy Goods Stores |
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Banks: |
BANK OF AMERICA |
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The Company does not make its banking
details public |
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History: |
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The company was incorporated in 1985 and
is based in New York, New York. Macy's Merchandising Group Inc. operates as a
subsidiary of Macy's, Inc. Macy's Merchandising Group was formerly
known as Federated Merchandising Group. |
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PRINCIPAL
ACTIVITY
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Macy's Merchandising Group Inc. provides
merchandising services. Its services include conceptualizing, designing,
sourcing, and marketing of private label and private branded goods. |
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Products/Services description: |
It identifies targeted market segments
for brands exclusive to Federated, and develops and implements marketing
programs to reach the defined customer groups. |
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Brands: |
It works with brands such as Polo/Ralph
Lauren, Kenneth Cole, DKNY, Jones New York, Liz Claiborne, Nine West, Tommy
Hilfiger, and Estee Lauder. |
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Sales are: |
Retail |
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Clients: |
General clients |
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Suppliers: |
Blue Mount Textiles Sharadha Terry India |
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Operations area: |
National |
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The company imports from |
India |
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The company exports to |
No export found |
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The subject
employs |
1, 155 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
11 Penn Plaza Suite 8 New York, NY 10001 United States |
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Comments: |
NA |
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Branches: |
Macy's, Inc. (Main Office) 7 West Seventh Street Cincinnati, Ohio 45202 (513) 579-7000 Macy's, Inc. - Macy's Credit and
Customer Services (Main Office) 9111 Duke Boulevard Mason, Ohio 45040 (513) 398-5221 Macy's, Inc. - Macys.com (Main Office) 685 Market St., 10th Fl. San Francisco, California 94105 |
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Related Companies: |
Subsidiary: Macy's Merchandising Group
International, LL |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
Macy's, Inc. 7 W 7th St Cincinnati, OH, USA For the full year 2016, earnings per
diluted share were $1.99, and adjusted earnings (excluding certain items)
were $3.11 per diluted share. Fiscal 2016 comparable sales on an owned basis
declined by 3.5 percent, and on an owned plus licensed basis, comparable
sales for fiscal 2016 declined by 2.9 percent. |
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Management: |
Mr. Leonard Marcus President Mr. Harry Frenkel Chief Financial Officer and Senior Vice
President of Finance, Operations, and Facilities |
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FINANCIAL
INFORMATION
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The company does not make its financial
statements public. The following information was provided by private sources: |
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USD 2016 |
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Revenue |
122 200 000 |
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Cash flow |
Normal |
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We attach parent company’s FS2016 |
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LEGAL
FILINGS
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PATENTS |
No records found |
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GOVERNMENT CONTRACTS |
No records found |
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CASES |
Macy's Merchandising Group, Inc. v.
Columbine Cody Corporation Plaintiff: Macy's Merchandising Group,
Inc. Defendant: Columbine Cody Corporation Case Number: 1:2007cv07746 Filed: August 30, 2007 Court: New York Southern District Court Office: Foley Square Office County: NewYork Presiding Judge: Richard J. Holwell Nature of Suit: Trademark Cause of Action: 15:1125 Trademark
Infringement (Lanham Act) Jury Demanded By: None Macy's Inc. v Martha Stewart Living
Omnimedia, Inc. Annotate this Case Macy's Inc. v Martha Stewart Living
Omnimedia, Inc. 2015 NY Slip Op 01728 Decided on February 26, 2015 Appellate
Division, First Department Sweeny, J. Published by New York State Law
Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected
and subject to revision before publication in the Official Reports. Decided on February 26, 2015 SUPREME
COURT, APPELLATE DIVISION First Judicial Department Angela M. Mazzarelli,J.P. John W. Sweeny, Jr. Richard T. Andrias Karla Moskowitz Rosalyn H. Richter, JJ. 652861/12 650197/12 13961 [*1]Macy's Inc., et al.,
Plaintiffs-Respondents-Appellants, v Martha Stewart Living Omnimedia, Inc.,
Defendant, J.C. Penney Corporation Inc., Defendant-Appellant-Respondent. Plaintiffs and defendant J.C. Penney
Corporation, Inc. (JCP) appeal from the order and judgment (one paper) of the
Supreme Court, New York |
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TRADEMARKS |
FIRST IMPRESSIONS [ Ladies' and ] Children's Hosiery,
Dresses, and Millinery Serial Number: 72154229 THE CELLAR RETAIL DEPARTMENT STORE SERVICES Serial Number: 73059144 TOOLS OF THE TRADE Retail Department Store Services-Namely,
Shop Area for Display and Merchandising of Cooking and Kitchen Utensil
Equipment… Serial Number: 73227030 ALL MINE Infants' Sweaters, Creepers, Dresses and
Legging Sets Comprising Pants, Jacket, and Cap Serial Number: 73253026 THE CELLAR Stainless Flatware Serial Number: 73406033 MARSH LANDING Women's Clothing Specifically Shorts,
Pants, Sweaters, Shirts, and Blouses Serial Number: 73448672 CLUB ROOM Men's Apparel-Namely, Shirts, Sweaters,
Trousers, Blazers, Jackets and Ties Serial Number: 73448803 ALFANI MEN'S SHOES Serial Number: 73506356 BELGIQUE COOKWARE, NAMELY POTS, PANS, AND COVERS
THEREFOR Serial Number: 73519151 CHARTER CLUB MISSES' APPAREL, NAMELY, BLAZERS,
JACKETS, SKIRTS, PANTS, SWEATERS, KNIT TOPS, SHIRTS, BLOUSES, SHORTS AND
DRESSES Serial Number: 73534140 CLUB ROOM CR RETAIL DEPARTMENT STORE SERVICES Serial Number: 73534911 I.N.C. INTERNATIONAL CONCEPTS MEN'S APPAREL; NAMELY, KNIT TOPS,
SWEATERS, WOVEN SHIRTS, JACKETS, BOTTOMS, SWIMWEAR [ , SHOES AND ACCESSORIES,
NAMELY BELTS… Serial Number: 73579070 TOOLS OF THE TRADE COOKWARE Serial Number: 73581246 CHARTER CLUB LADIES' ACCESSORIES, NAMELY, BELTS, [
MUFFLERS, ] SCARF TIES, GLOVES Serial Number: 73602295 CHARTER CLUB LADIES' HOSIERY, SOCKS, TIGHTS, LEG
WARMERS Serial Number: 73602297 MORGAN TAYLOR LADIES' HOSIERY Serial Number: 73602299 ALFANI MEN'S APPAREL; NAMELY, SHIRTS, SUITS,
TIES Serial Number: 73607580 CLUB ROOM MEN'S SHOES Serial Number: 73607740 CLUB ROOM BILLFOLDS, LEATHER CHECK BOOK COVERS, MONEY
HOLDERS, LEATHER WALLETS, KEY CASES AND CREDIT CARD HOLDERS Serial Number: 73607742 ALFANI [BILLFOLDS, LEATHER CHECK BOOK COVERS,
LEATHER WALLETS, KEY CASES AND CREDIT CARD HOLDERS] Serial Number: 73607751 CHARTER CLUB MISSES' HANDBAGS Serial Number: 73613658 CHARTER CLUB SUNGLASSES Serial Number: 73652517 S-U-T-T-O-N STUDIO WOMEN'S CLOTHING, NAMELY, JEANS,
SWEATERS, BLOUSES, TOPS, SHORTS, SLACKS, PANTS, SKIRTS, DRESSES, JACKETS,
SWEATPANTS, SWEATSHIRTS… Serial Number: 73655183 THE CELLAR RETAIL DEPARTMENT STORE SERVICES Serial Number: 73659008 CHARTER CLUB LADIES' SHOES Serial Number: 73663052 CHARTER CLUB RETAIL DEPARTMENT STORE SERVICES Serial Number: 73681865 CHARTER CLUB TOWELS, BED SHEETS AND COMFORTERS Serial Number: 73725372 AMANDA SMITH SKIRTS AND TOPS Serial Number: 73757427 SUN COUNTRY BEACH CHAIRS Serial Number: 73763749 CHARTER CLUB GIRLS' APPAREL, NAMELY, SWEATERS, [
SHIRTS, ] SKIRTS, [ PANTS, ] DRESSES, [ KILTS AND BLAZERS ] Serial Number: 73764091 VALERIE STEVENS WOMEN'S SKIRTS, PANTS, JACKETS AND
SHIRTS Serial Number: 73772467 METROPOLITAN VIEW CLOTHING -NAMELY, SLACKS, HOSIERY,
TIES,SWEATERS, KNIT SHIRTS, WOVEN SHIRTS, SCAARVES, LEATHER COATS, RAINCOATS,
WOOL OVERCOATS… Serial Number: 73780548 ZERO PROOF infants', toddlers' and girls' jackets
and men's and boys' outerwear, namely, jackets and coats Serial Number: 74064648 TOOLS OF THE TRADE ILLUMINA + cookware (non-electric), namely, fry
pan, griddle, saucepan, dutch oven, stock pot, chicken fryer Serial Number: 74089043 ALFANI sunglasses Serial Number: 74106343 ERIKA TAYLOR women's dresses, slips, panties, gowns,
pajamas, robes and nightshirts Serial Number: 74190356 BRANDINI men's and women's sweaters, men's
shirts, ties and tailored clothing; namely, jackets, pants, and suits Serial Number: 74276609 HOME FOR THE HOLIDAYS dinnerware; namely, plates, saucers,
cups, mugs, and bowls; servingware; namely, serving platters, serving bowls,
gravy… Serial Number: 74372775 TRICK OR TREAT decorative ceramic figurines Serial Number: 74479721 I.N.C. INTERNATIONAL CONCEPTS men's apparel, namely knit tops,
sweaters, woven shirts, jackets, bottoms and swimwear Serial Number: 74557640 I.N.C. INTERNATIONAL CONCEPTS women's apparel, namely pants, tops, jackets,
sweaters and socks Serial Number: 74557642 GALLIA crystal ware, namely beverage glassware,
bar glasses, vases, bowls, candlesticks, boxes, perfume bottles, biscuit
barrels… Serial Number: 74592957 KAREN SCOTT women's blouses and sweaters Serial Number: 74592968 HOLIDAY LANE electric Christmas tree lights Owned by: MACY'S, INC. Serial Number: 74658169 HOLIDAY LANE Christmas figures and figurines made of
plastic Serial Number: 74658170 JOHN ASHFORD men's jackets, coats, topcoats, shirts
and sweaters Serial Number: 74726974 CHARTER CLUB apparel, namely blazers, jackets,
skirts, pants, sweaters, knit tops, shirts, blouses, shorts, dresses,
hosiery, socks,… Serial Number: 75005878 TOOLS OF THE TRADE cosmetic brushes Serial Number: 75055510 STYLE & CO. clothing, namely, coats, and suits Serial Number: 75319310 Q&A junior women's clothing, namely, tops,
sweaters, T-shirts, pants, shorts and dresses, and shoes Serial Number: 75324571 STYLE & CO. ROMPERS, SKIRTS, SWEATERS, BLOUSES,
T-SHIRTS, KNIT TOPS, VESTS, DRESSES AND SHORTS Serial Number: 75457929 FIRST IMPRESSIONS LAYETTES Serial Number: 75465551 FIRST IMPRESSIONS INFANT AND CHILDREN'S CLOTHING, NAMELY,
COVERALLS, 2 PIECE SETS, BODYSUITS, OVERALLS, OVERALL SETS, SHORTALLS,
SHORTALL… Serial Number: 75465776 BIG BROWN BAG RETAIL DEPARTMENT STORE SERVICES Serial Number: 75501226 MEDIUM BROWN BAG RETAIL DEPARTMENT STORE SERVICES Serial Number: 75501228 LITTLE BROWN BAG RETAIL DEPARTMENT STORE SERVICES Serial Number: 75501229 VALERIE STEVENS Jewelry Serial Number: 75564849 GREEN DOG CHILDREN'S CLOTHING, NAMELY, CHILDREN'S
SHOES, COATS, JACKETS, SHIRTS, PANTS, SHORTS, SLEEPWEAR, SWEATERS,
SWEATSHIRTS,… Serial Number: 75814417 GREENDOG CHILDREN’S CLOTHING, NAMELY, CHILDREN'S
SHOES, COATS, JACKETS, SHIRTS, PANTS, SHORTS, SLEEPWEAR, SWEATERS,
SWEATSHIRTS,… Serial Number: 75814421 ALFANI women’s apparel, namely, blazers,
jackets, skirts, pants, suits, sweaters, knit tops, shirts, blouses, shorts,
dresses… Serial Number: 75846669 STYLE & CO. jackets, pants, shirts and jeans Owned by: MACY'S MERCHANDISING GROUP,
INC. Serial Number: 75977411 MORGAN TAYLOR INTIMATE APPAREL, namely, PAJAMAS, BOXER
SETS, CHEMISE, SHIRTS, WRAPS, ROBES, GOWNS, and PANTIES Serial Number: 76067844 TASSO ELBA S.P.A. MEN'S CLOTHING, NAMELY, SWEATERS,
SHIRTS, SUITS, SPORT COATS, TIES, PANTS [ AND UNDERWEAR ] Serial Number: 76234140 GREENDOG PLUSH ANIMALS AND PLUSH TOYS, BUT NOT
INCLUDING GREEN DOGS Serial Number: 76245046 JOSEPH & LYMAN MEN'S CLOTHING, NAMELY SUITS, SLACKS,
TROUSERS, PANTS, [ SHORTS, ] JACKETS, BLAZERS, COATS, DRESS SHIRTS, KNIT
SHIRTS, SWEATERS… Serial Number: 76281457 EXCEED Men's and boys' apparel, namely, woven
tops, sweaters, knit tops, fleece tops and bottoms, t-shirts, swimwear,
shorts, jeans… Serial Number: 76296160 ALFANI [ WATCHES AND] JEWELRY Serial Number: 76313999 PROSPECTIVES Retail department store services
featuring women's sportswear Serial Number: 76331395 IMAGINATION Retail department store services
featuring women's sportswear Serial Number: 76331396 I. E. Women's sportswear apparel, namely,
skirts, shorts, tops, dresses, jackets, coats and shoes Serial Number: 76331399 RAPIDRY Men's Shirts Serial Number: 76331793 COUNTRY STYLE Hurricane lamps Serial Number: 76340908 I.E. Women's sportswear apparel, namely,
skirts, shorts, tops, pants, sweaters, dresses, jackets and coats Serial Number: 76356804 I.E. RELAXED Women's sportswear apparel, namely,
skirts, shorts, tops, pants, sweaters, dresses, jackets and coats Serial Number: 76356805 EMERGE Clothing, namely, pants, shorts, shirts,
sweaters, jackets, coats and shoes; and accessories, namely, ties, socks,
gloves… Serial Number: 76362736 CELEBRATE U.S.A. Electrical light sets Serial Number: 76373173 AQUA WOMEN'S CLOTHING, NAMELY SWEATERS,
T-SHIRTS, PANTS, SKIRTS, JACKETS AND DRESSES Serial Number: 76379574 LITTLE TOWN U.S.A. Miniature ceramic buildings, figures and
figurines Serial Number: 76381077 GLAMORAMA Entertainment services in the nature of
musical performances, multimedia presentations and fashion shows Serial Number: 76388216 FIELD GEAR slippers, sleepwear and robes Serial Number: 76417292 CHEGGS Chocolate Candy in the shape of eggs Serial Number: 76417299 AUTUMN HARVEST wicker baskets; porcelain dinnerware,
namely, plates, cups, saucers, bowls, trays and pitchers Serial Number: 76435894 SUN COUNTRY KIDS Stainless steel flatware, namely, forks
and spoons Serial Number: 76445463 SUN COUNTRY Electric decorative light sets Serial Number: 76450819 IDEOLOGY Clothing, namely, shirts, t-shirts,
jackets, coats, hats, pants, socks, scarves, underwear, shorts, and
sweatshirts Serial Number: 76464865 SUN COVERS Swimsuit cover ups, namely, sarongs and
oversized shirts Serial Number: 76465613 FIELD GEAR TOOL SETS, POCKET KNIVES, KNIFE SETS,
DOPP KITS Serial Number: 77179126 FIELD GEAR TOOL SETS CONSISTING OF HAND TOOLS,
NAMELY, HAMMERS, SCREWDRIVERS, AND PLIERS; POCKET KNIVES; KNIFE SETS
CONSISTING OF HOUSEHOLD… Serial Number: 77196964 Image Trademark TOOL SETS CONSISTING OF HAND TOOLS,
NAMELY, HAMMERS, SCREWDRIVERS, AND PLIERS; POCKET KNIVES; KNIFE SETS
CONSISTING OF HOUSEHOLD… Serial Number: 77223783 FIELD GEAR OUTDOOR WEAR TOOL SETS CONSISTING OF HAND TOOLS,
NAMELY, HAMMERS, SCREWDRIVERS, AND PLIERS; POCKET KNIVES; KNIFE SETS
CONSISTING OF HOUSEHOLD… Serial Number: 77225595 Image Trademark Multi-function hand tools comprised of
screwdrivers, knives, can openers, file, pliers, scissors; men's grooming kit
for… Serial Number: 77320375 LITTLE GREEN CARD MAGNETIC ENCODED CARDS IN THE NATURE OF
PRE-PAID GIFT CERTIFICATES AND STORED VALUE CARDS Serial Number: 77392706 |
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RENEWAL HISTORY |
No records found |
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UCC |
Debtor Names: MACY'S INC. 7 W. 7TH STREET, CINCINNATI,
OH 45202, USA MACY'S MERCHANDISING GROUP 7 W. 7TH
STREET, CINCINNATI, OH 45202, USA MACY'S CORPORATE SERVICES 2101 EAST KEMPER ROAD, CINCINNATI, OH
45241, USA Secured Party Names: LITA TRADING CORPORATION 1160 BROADWAY, NEW YORK, NY 10001, USA 200912228428194 12/22/2009 12/22/2014 Financing Statement 2 |
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Maximum Credit Provided |
USD 400 000 |
SUMMARY
|
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Founded in 1985, Macy's Merchandising Group,
Inc. is a large-sized organization in the miscellaneous apparel and
accessories stores industry located in New York, NY. It has 1,155 full time employees and
generates an estimated $122.2 million in annual revenue. The company is based in New York, New
York. Macy's Merchandising Group Inc. operates as a subsidiary of Macy's,
Inc. Macy's Merchandising Group was formerly
known as Federated Merchandising Group. |
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RISK
INFORMATION
|
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|
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
|
CASH FLOW |
Normal |
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SUGGESTED CREDIT LINE |
USD 400 000 |
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STATUS |
ACTIVE |
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INTERVIEW
|
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NAME |
Mark |
|
POSITION |
Operator |
|
COMMENTS |
The man contacted confirmed address,
staff, parent company, subsidiary and experience. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.67 |
|
|
1 |
INR 86.11 |
|
Euro |
1 |
INR 76.59 |
|
US Dollar |
1 |
INR 63.63 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.