Macy’s, Inc. is one of America’s premier national retailers, operating 40 Bloomingdale’s stores and more than 810 Macy’s stores in 45 states, the District of Columbia, Guam and Puerto Rico. The company also operates macys.com, bloomingdales.com and Bloomingdale’s By Mail. Macy’s, Inc.’s diverse workforce includes approximately 182,000 employees.

Corporate Vision
Macy’s, Inc. is a premier national retailer with brands that reflect the spirit of America. The timeless values that made our nation strong are the same values that make our company strong.

• A belief in the promise of the future with the energy and determination to get us there.
• A belief that our heritage mirrors the optimism, inclusion and integrity that provide for both stability and growth.
• A belief that taking advantage of the right opportunities will continue to lead us to success in all that we do.

Corporate Philosophy
Macy’s, Inc. clearly recognizes that the customer is paramount, and that all actions and strategies must be directed toward providing an enhanced merchandise offering and better service to targeted consumers through dynamic department stores and direct-to-customer retail formats.

Aggressive implementation of the company’s strategies, as well as careful and thorough planning, will provide Macy’s, Inc.’s department stores with an important competitive edge.

Macy’s, Inc. is committed to open and honest communications with employees, shareholders, vendors, customers, financial analysts and the news media. The company seeks to be proactive in sharing information and in keeping these key stakeholder groups up-to-date on important and material developments.

At Macy’s, Inc., our greatest strength lies in the skill, judgment and talent of our people. Every day a production
of enormous magnitude takes place on our selling floors and behind the scenes, where our people bring the company’s strategic goals to life. Our priority of attracting, retaining and growing the most talented people in the retail industry has been and will continue to be our greatest advantage.

Corporate Financial Objectives
The objectives of Macy’s, Inc. are:

• To accelerate comp-store sales growth.
• To continue to increase the company’s profitability levels (earnings before interest, taxes, depreciation and amortization) as a percent of sales to a level of 14 percent to 15 percent.
• To effectively utilize excess cash flow through a combination of strategic growth opportunities and stock buybacks.
• To grow earnings per share while increasing return on gross investment.

Download Macy’s, Inc. 2008 Corporate Fact Book

PDF format, 4.6MB, 96Pages.

CONTENTS
Calendar of Public Disclosures ...................... IFC
Financial Highlights ........................................2
Macy’s, Inc. At-A-Glance.............................3
Corporate Vision, Philosophy and Financial Objectives.......4
The Drive to Differentiate.................................5
Macy’s ............................................................................6
Bloomingdale’s ......................................................................................7
New and Unique Merchandise Defines Us ....................8
Private Brands Continue to Grow..............................9
Improving Existing Stores..............................................10
Serving Up New Dining Experiences............................10
Technology Plays an Ever-Greater Role...............11
A Commitment to Sustainability....................11
Successful Marketing Is in the Mix..............12
Creative Advertising Hits the Mark............12
Diversity Reflects Our Marketplace.................................13
Community Leadership Makes a Difference..........13
2007 Highlights and Recent Developments................ 14
Macy’s............................................................ 15
“My Macy’s” Projects Emphasize Localization.........16
Private Brands...............................................................18
Spectacular Macy’s Events Create Magic..............................20
Bloomingdale’s...................................... 23
New Stores Expand National Presence.........24
Bloomingdale’s Welcomes Visitors...........................24
Inventive Marketing Distinguishes Bloomingdale’s..................25
Holidays Shine Bright at Bloomingdale’s.........................25
The Registry at Bloomingdale’s..............................................26
Style “Like No Other Store in the World”...........26
Attracting and Developing Talent.................. 27
Demonstrating Leadership.................................. 31
A Diverse and Inclusive Organization .................................................31
Giving Back to Our Communities..................................34
Social Responsibility....................................................................40
Financial Overview .................................................. 42
Division Review............................................ 51
Bloomingdale’s ......................................................................................52
Macy’s Central..............................................................................54
Macy’s East.........................................................................58
Macy’s Florida ........................................................................62
Macy’s West....................................................................................64
Macy’s Home Store ........................................................................68
macys.com...................................................................................................68
Macy’s Merchandising Group...........................................................69
Macy’s Corporate Marketing .........................................................................69
Macy’s Corporate Services ..............................................................................70
Macy’s Credit and Customer Services..................................70
Macy’s Logistics and Operations ...............................................................71
Macy’s Systems and Technology...................................................................71
Macy’s, Inc., Macy’s and Bloomingdale’s History............................................... 72
Board of Directors/Corporate Management ....................................... 83
Shareholder Information ....................................... 87
Stores and Employees By State................................................. 88

Visit Macy's, Inc. Website

The Drive to Differentiate

With so many choices today, shoppers are looking for retailers that stand out from the crowd. That’s why Macy’s and Bloomingdale’s are aggressively driving to deliver a differentiated shopping experience with unique merchandise, fashion brands, interesting stores, engaging online sites, excellent service and breakthrough marketing and special events.

At every level of the business, Macy’s, Inc. is pursuing ways to be more creative and distinctive in meeting customer needs and in delivering exceptional values. Our vision is to operate Macy’s and Bloomingdale’s as dynamic national brands while focusing on the customer offering in each store location.

This requires having talented people in every position who are motivated to innovate and lead us in new directions.

Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers.

Comments (1)

Name

Email

Comment

smaller | bigger

Add Comment