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Recent Press Releases

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August 22, 2016

MACY’S EXTENDS ANNUAL “SHOP FOR A CAUSE” TO WEEKEND LONG EVENT


From Friday, August 26 through Sunday, August 28, Macy’s offers customers a 25 percent discount with a $5 donation to the March of Dimes or thousands of other participating local charities

MIAMI, FL – August 22, 2016 – Macy’s invites customers to participate in its 11th annual national Shop For A Cause charity event beginning on Friday, Aug. 26 through Sunday, Aug. 28. Macy’s Shop For A Cause is a unique, three-day shopping event created to support local nonprofit organization’s fundraising efforts. Since 2006, the program has helped… more

August 11, 2016

MACY’S, INC. OUTLINES MOVES TO DRIVE PROFITABLE GROWTH AND ENHANCE SHAREHOLDER VALUE


CINCINNATI, Ohio, August 11, 2016 – Macy’s, Inc. today outlined a series of initiatives to drive profitable growth, enhance shareholder value and strengthen Macy’s as America’s preferred omnichannel shopping destination. The company will heighten the Macy’s brand with exclusive products and an improved shopping experience. Plans also include re-creating Macy’s physical store presence as customer shopping preferences and patterns evolve, reallocating investments to highest-growth-potential store and digital businesses, and capitalizing on opportunities within… more

August 11, 2016

MACY’S, INC. REPORTS SECOND QUARTER EARNINGS AND REAFFIRMS FULL-YEAR
GUIDANCE


CINCINNATI, Ohio, August 11, 2016 – Macy’s, Inc. today reported diluted earnings per share
of 3 cents in the second quarter of 2016, ended July 30, 2016. Excluding asset impairment
and other charges primarily related to upcoming store closings and non-cash retirement plan
settlement charges of $255 million, or 51 cents per share (as described below), second
quarter earnings per share were 54 cents per share. The company’s earnings for the second
quarter of 2016 compare with 64 cents per diluted share in the second quarter… more

August 8, 2016

ELISA D. GARCIA NAMED CHIEF LEGAL OFFICER OF MACY’S INC.

Dennis Broderick to retire as General Counsel and Secretary
CINCINNATI, Ohio, August 2, 2016 – Macy’s, Inc. today announced that Elisa D. Garcia will be joining Macy’s, Inc. as Chief Legal Officer, effective Sept. 7, 2016. She succeeds Dennis J. Broderick, who will retire as the company’s General Counsel and Secretary, effective Oct. 1, 2016, after 29 years of service.

Garcia, 58, brings 16 years of broad-ranging experience as a corporate general counsel for major consumer-facing companies. Garcia joined Office Depot, Inc. in 2007 as EVP/General Counsel and… more

July 27, 2016

LOOK GREAT WHILE GIVING BACK WITH MACY’S FASHION PASS

Macy’s customers will receive 15 percent to 25 percent off in stores from July 28 through August 7, while supporting great charities

NEW YORK, NY – July 27, 2016 – Giving back is always in style at Macy’s and starting tomorrow, customers can join the spirit of giving by participating in Macy’s Fashion Pass. From July 28 to Aug. 7, with a $5 donation at the register, Macy’s shoppers will receive 15 percent to 25 percent off a great selection storewide, while supporting The Elizabeth Taylor AIDS Foundation and the Council of Fashion Designers of America… more

July 20, 2016

MACY'S PILOTS IBM'S WATSON IN PARTNERSHIP WITH SATISFI FOR IN-STORE, PERSONALIZED SHOPPING COMPANION


“Macy’s On Call” unites Satisfi’s communications platform with IBM Watson cognitive technology to create an in-store mobile companion that assists in servicing customer needs; the initial phase of the pilot program is underway at 10 locations nationwide

NEW YORK, NY – July 20, 2016 – Today, Macy’s announced the pilot of “Macy’s On Call,” a mobile web tool that allows customers to interact with an AI-powered platform via their mobile devices. “Macy’s On Call” taps IBM Watson, via Satisfi, an intelligent… more