Macy's 1999 Annual Report Download

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1999 Annual Report On Retail’s Cutting Edge

Table of contents

  • Page 1
    1999 Annual Report On Retail's Cutting Edge

  • Page 2
    ... fast ...and so is I• N • C International Concepts, Federated's of-the-moment private brand of women's apparel. Shown on the cover is the new look of embellished bottoms paired with simple tops, in a python print pant and sleek, sleeveless turtleneck. It's a modern reference to hippie chic. And...

  • Page 3
    ... percent of direct giving was devoted to two areas of strategic focus - women's issues and HIV/ AIDS. Partners in Time, the company's nationally recognized employee volunteer program, involves all divisions and support operations. In 1999, more than 47,000 volunteers gave nearly 97,500 hours of time...

  • Page 4
    ... this year's annual report, you will read about what we are doing in key areas of our business as we move to integrate our bricks-and-clicks retail formats in innovative new ways...As we redefine our department stores to appeal to new generations of customers even as we strive to better serve today...

  • Page 5
    ... return on investment goals also will be achieved. Merchandise assortments that are new and kept fresh - including exclusive private brands that distinguish us from the competition - are key to this strategy. So are strategies designed to make Federated's department stores, catalogs and e-commerce...

  • Page 6
    ... vices • Raises store standards to meet demands of Internet customers • Provides new career grow th opportunities Stores benefits to e-commerce -or how bricks can help clicks: • Leverages trusted store brands • Provides merchandising expertise • Builds on established vendor relationships...

  • Page 7
    ..."O ur cha llenge is to ha rness a ll of the new tools, technologies, idea s a nd opportunities a t our disposa l, a nd to a pply them to the objectives of building rela tionships w ith our customers, grow ing a nd improving a profita ble business to crea te va lue for our sha reholders a nd ensuring...

  • Page 8
    New Ways to Reach New Customers New Ways to Reach New Customers Federated is moving quickly and adeptly to integrate new technologies, marketing models and merchandising techniques into its highly successful traditional department store businesses. In this process, Federated is emerging as a new ...

  • Page 9
    .... O ne of these is weddingchannel.com, the Internet's leading wedding resource. building exciting new e-commerce sites tailored to this young demographic, while driving GenY business to our " bricks-and-mortar" locations through Internet advertising and promotions on our department store websites...

  • Page 10
    ... to order the merchandise with a swipe of her credit card. The customer's order is channeled to the nearest Federated distribution center with the china in stock, and it is shipped directly to her home within hours - freeing her to continue shopping the store. Shoppers in many of our stores soon...

  • Page 11
    ...coding sizes for ease of shopping. Souson, a private brand of bath and body products was rolled out to larger stores nationwide in fall 1999 as part of a larger trend toward open, assisted-sell cosmetics and related merchandise lines. O pen-sell fixturing, which Federated has been doing in cosmetics...

  • Page 12
    ... principals, corporate executives and store managers benefited from the program in 1999. This year, the program will be expanded to encompass management-level merchants and operating executives. T echnology and ingenuity continue to make Federated's methods of transacting business more sophisticated...

  • Page 13
    ...., Federated is generating revenue by providing fulfillment services to third parties, such as Wal-Mart, for Internet order fulfillment. 11 W ith plenty of sunlight, the remodeled furniture floor of Macy's Union Square in San Francisco underscores fresh approaches to the department store business.

  • Page 14
    ... where young customers can meet, socialize and shop. These departments will have painted concrete floors to accentuate the fashion edge, trendy snack vending machines, The new Burdines at Aventura Mall in Miami opened in 1999 to rave reviews for store architecture and visual presentation...

  • Page 15
    ... are the key to ongoing success at Federated, the company once again recognized its top selling service professionals by inducting them into the Star Academy for superior performance. Honored in 1999 were the following individuals, photographed at Macy's Herald Square store in N ew York prior to...

  • Page 16
    ... Executive VP Legal & Human Resources Fingerhut customers can shop its web site, www.fingerhut.com or mail order catalogs 24 hours a day, 7 days a week. N eal J. Glueck T ax Gary J. N ay Real Estate Division Principals Department Stores Bloomingdale's Michael Gould Chairman Support O perations...

  • Page 17
    ... news releases & corporate background data: 1-800-853-9150 W rite: Federated Department Stores, Inc. • Investor Relations Department 7 West Seventh Street • Cincinnati, O H 45202 Common Stock: Shares of Federated common stock are traded on the N ew York Stock Exchange. The company's trading...

  • Page 18
    7 W EST SEV EN TH STREET CIN CIN N ATI, O HIO 4 5 2 0 2 w w w. f ed er a ted - f d s. co m