Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Reardon Martine M
2. Date of Event Requiring Statement (Month/Day/Year)
02/24/2012
3. Issuer Name and Ticker or Trading Symbol
Macy's, Inc. [M]
(Last)
(First)
(Middle)
C/O MACY'S, INC., 7 WEST SEVENTH STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Marketing Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CINCINNATI, OH 45202
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,590
D
 
Common Stock 2,582 (1)
I
By 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock   (2) 03/28/2013 Common Stock 6,750 $ 14.285 D  
Option to Purchase Common Stock   (3) 03/26/2014 Common Stock 14,200 $ 25.005 D  
Option to Purchase Common Stock   (4) 03/25/2015 Common Stock 6,000 $ 30.535 D  
Option to Purchase Common Stock   (5) 03/24/2016 Common Stock 6,000 $ 36.26 D  
Option to Purchase Common Stock   (6) 03/23/2017 Common Stock 25,000 $ 46.15 D  
Option to Purchase Common Stock   (7) 03/21/2018 Common Stock 25,000 $ 24.85 D  
Option to Purchase Common Stock   (8) 03/20/2019 Common Stock 5,500 $ 8.76 D  
Option to Purchase Common Stock   (9) 03/19/2020 Common Stock 7,500 $ 20.89 D  
Option to Purchase Common Stock   (10) 03/25/2021 Common Stock 7,500 $ 23.43 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Reardon Martine M
C/O MACY'S, INC.
7 WEST SEVENTH STREET
CINCINNATI, OH 45202
      Chief Marketing Officer  

Signatures

/s/ Linda J. Balicki, as attorney-in-fact for Martine M. Reardon pursuant to a Power of Attorney 02/28/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects the reporting person's interest in Macy's stock under the Issuer's 401(k) plan, derived by dividing the value of the undivided interest of the reporting person in the applicable investment fund as of February 27, 2012 by $37.37, the stock price of such date.
(2) Options became/become exercisable as follows: 2,250 on March 28, 2005; 2,250 on March 28, 2006; and 2,250 on March 28, 2007.
(3) Options became/become exercisable as follows: 3,550 on March 26, 2005; 3,550 on March 26, 2006; 3,550 on March 26, 2007 and 3,550 on March 26, 2008.
(4) Options became/become exercisable as follows: 1,500 on March 25, 2006; 1,500 on March 25, 2007; 1,500 on March 25, 2008 and 1,500 on March 25, 2009.
(5) Options became/become exercisable as follows: 1,500 on March 24, 2007; 1,500 on March 24, 2008; 1,500 on March 24, 2009 and 1,500 on March 24, 2010.
(6) Options became/become exercisable as follows: 6,250 on March 23, 2008; 6,250 on March 23, 2009; 6,250 on March 23, 2010 and 6,250 on March 23, 2011.
(7) Options became/become exercisable as follows: 6,250 on March 21, 2009; 6,250 on March 21, 2010; 6,250 on March 21, 2011 and 6,250 on March 21, 2012.
(8) Options became/become exercisable as follows: 1,375 on March 20, 2010; 1,375 on March 20, 2011; 1,375 on March 20, 2012 and 1,375 on March 20, 2013.
(9) Options became/become exercisable as follows: 1,875 on March 19, 2011; 1,875 on March 19, 2012; 1,875 on March 19, 2013 and 1,875 on March 19, 2014.
(10) Options became/become exercisable as follows: 1,875 on March 25, 2012; 1,875 on March 25, 2013; 1,875 on March 25, 2014 and 1,875 on March 25, 2015.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.