Macy's 2000 Annual Report Download

Download and view the complete annual report

Please find the complete 2000 Macy's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 18

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18

the big picture
2000
Annual Report

Table of contents

  • Page 1
    Annual Report 2000 t he big pict ure

  • Page 2
    On the Cover: Greendog is Federated's newest private brand, helping to distinguish our stores for fashion, quality and value. And like the good dog he is, Greendog is helping local animal shelters and humane associations raise much-needed funds through various community and in-store events.

  • Page 3
    ...'s, The Bon Marché, Burdines, Goldsmith's, Lazarus, Macy's and Rich's, as well as macys.com, bloomingdales.com and Bloomingdale's By Mail. Federated also operates the Fingerhut catalog and e-commerce subsidiary. Community Involvement Each Federated department store division and direct-to-customer...

  • Page 4
    ... represent, where applicable, inventory valuation adjustments related to the Fingerhut restructuring in 2000, asset impairment and restructuring charges in 2000, and the loss associated with the prepayment of debt in 1998 and 1997. (2) EBITDA represents earnings before interest, taxes, depreciation...

  • Page 5
    ... t he best brands and t he best people in t he indust ry, managed t o out perform our peers in comp- st ore sales growt h in 2000, despit e an economic climat e t hat grew increasingly difficult as t he year progressed. Depart ment st ore operat ing income, before one- t ime charges, also grew last...

  • Page 6
    ... wit h t he clicks of our e- commerce websit es. It is a mat t er of cust omer relat ionship management , and t his is where we see While w e ant icipat e a 2% comp- st ore sales increase in our depart ment st ores t his year, ref lect ing an economy t hat most observers expect t o be sluggish int...

  • Page 7
    In summary, we are resolved t o st ay focused and st ay on t rack. We will not be divert ed from our principal depart ment st ore business as it is updat ed ... han t he best depart ment st ore company in t he world. So t his is Federat ed in 2001. We hope t his gives you a bet t er pict ure of where ...

  • Page 8
    Customers expect something special when they walk into a Federated store. And that's what they get. Our success is rooted in an exceptionally strong program of private brands, which differentiates our merchandise assortments while providing fashion and value to the customer. A great example is INC...

  • Page 9
    ...t his t ranslat es int o a market ing t heme built on bringing t he "good life" - or Bon- life, as we say - t o cust omers & Co. brand of updat ed moderat e sport swear, and cont inued t o build our t hree largest privat e brands - Chart er Club, INC and Alfani - wit h new it ems, lines and st yles...

  • Page 10
    ... t he best new fashions from t he best companies in t he business. Best B Ralph Lauren/Polo is one of the world's leading lifestyle brands, and a cornerstone of assortments in every Federated department store, as well as on macys.com. Customers come to us for Ralph Lauren/Polo merchandise not only...

  • Page 11
    ...'s/Lazarus/Goldsmith's 4. Sophie Zega, Paramus, NJ; Robert Cato, Garden City, NY - Stern's 5. Sandra Major, New York, NY; Azza Pitt, Miami, FL - Macy's East 6. Karen Siporen, Santa Clara, CA; Jeanne Reid, Las Vegas, NV - Macy's West 7. Robin Wright, Puyallup, WA; Howard Rohner, Boise, ID - The Bon...

  • Page 12
    ... Day Parade, all right . And it 's t he largest annual spect at or event in America. Yet excit ing as it is, t his legendary parade - now in it s 75t h year - is only one of t he ways Federat ed's st ores, cat alogs and online sit es uniquely market t hemselves. In a highly compet it ive environment...

  • Page 13
    ... channels with our department stores, customers enjoy easy returns and exchanges of merchandise purchased online. They also get convenient 24/7 access to shopping, charge account information, store locators, promotions and events listings, as well as enhanced communications related to fashion...

  • Page 14
    ... in junior's depart ment s, and has since expanded t o encompass shoes, food services, cosmet ics ...even st rat egically placed comput erized "e- osks" t hat offer unique and specialized it ems for home delivery. We're also t inkering wit h st ore format s. A new M acy's opened in fall 2000 in West...

  • Page 15
    ... - in Plaza Las Americas in San Juan, Puert o Rico. This unique M acy's capt ures t he island's at mosphere in bot h design and merchandise. Building on our strength in upscale, fashionoriented home goods, Federated continues to open free-standing home stores and furniture galleries in key markets...

  • Page 16
    ...Organizat ional Development , Diversit y/ Training/Compensat ion John R. Sims Deput y General Counsel Thomas G. Cody Execut ive VP Legal & Human Resources Rudolph V. Javosky Design & Const ruct ion Joseph F. Vella Employee Relat ions Neal J. Glueck Tax Gary J. Nay Susan Kronick Group President...

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

  • Page 18
    7 West Seventh Street Cincinnati, Ohio 45202 www.federated-fds.com