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While Macy's doesn't technically price match its competitors, it does offer price adjustments. If you purchase something from Macy's and the price decreases within 10 days of your purchase, you can submit a request for a price adjustment and get the difference refunded. You must email the price adjustment request line and provide proof of purchase.
Beyond this, Macy's doesn't price match, not even from online to stores. It notes on its pricing page that Macys.com operates independently from the stores, which is why the company can't match prices from one to the other. So even if you see a deal on Macys.com, you won't necessarily be able to snag that price in a store.