Berkshire Buys Macy's Quietly | Raleigh News

Warren Buffett’s Berkshire Hathaway is quietly betting big on Macy’s—piling up over seven million shares worth $173 million—after years of avoiding department stores. The move comes on the heels of Macy’s strongest quarter in years, with brands like Bloomingdale’s and Bluemercury soaring, and a bold forecast bumping full-year sales to over $21 billion. While just a small slice of Berkshire’s portfolio, this rare endorsement signals Buffett sees real value in Macy’s “Reimagine” upgrades and resilient growth—even amid e-commerce headwinds.

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