Macy's 2003 Annual Report Download

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2003 AN N UAL REPORT
WHAT’S IN A NAM E?

Table of contents

  • Page 1
    2003 A N N U A L RE PO RT W HAT' S IN A NAM E?

  • Page 2
    ... by the Federated Department Stores Foundation - totaled approximately $14.9 million. Partners in Time, the company's nationally recognized employee volunteer program, involves all divisions and support operations. In 2003, more than 50,000 volunteers gave nearly 110,000 hours of time - valued at...

  • Page 3
    FINANCIAL HIGHLIGHTS 2003 Net Sales Change in same-store sales (Note 1) Income From Continuing Operations Before Income Taxes % of sales Diluted Earnings (Loss) Per Share Income from Continuing Operations (Note 2) Net Income (Loss) (Note 2) Cash Flow Before Financing Activities (Note 3) Notes: 2002...

  • Page 4
    ... NAM E IS EVERYTHING IN THE 75 YEARS SINCE ITS FOUNDING, FEDERATED DEPARTMENT STORES, INC. HAS KNOWN EXACTLY THE POWER OF WHAT'S IN A NAME. THE COMPANY BEGAN WITH SOME OF THE BEST-KNOWN NAMES IN RETAILING GATHERED UNDER A CORPORATE UMBRELLA THAT HAS GROWN AND CHANGED ALONG WITH THE AMERICAN RETAIL...

  • Page 5
    ..., simplifying pricing, enhancing the overall shopping experience and communicating better with our customers through more cost-effective marketing. stores, and launching Bloomingdale's into the Atlanta market. Federated has a long and valued history with our regional department store groups, and...

  • Page 6
    ... York, Ralph Lauren, Calvin Klein and Kenneth Cole were combined with our terrific private brands - I.N.C, Hotel Collection, Tasso Elba, Alfani, Charter Club, Greendog, Tools of the Trade, The Cellar and more. Together, these brands deliver value and help to differentiate further our stores, making...

  • Page 7
    ..., its corporate and division management teams, and the more than 111,000 employees w ho today populate the cubicles and loading docks...the sales floors and buying offices...the conference rooms and corner offices of a successful company called Federated Department Stores - a company that very...

  • Page 8
    ...customer. In 2003, we propelled Macy's presence nationwide through successful co-branding with our regional department store nameplates. Bon-Macy's, Burdines-Macy's, Goldsmith's-Macy's, Lazarus-Macy's and Rich's-Macy's have made Macy's local for millions of new customers. This will allow the company...

  • Page 9
    ...to expand its reach to targeted market niches. In 2003, it opened two new stores in prime locations in Atlanta - Bloomingdale's first presence in that market - as well as two new home stores in the Chicago area. Upcoming are a focused new fashion store in the Soho section of Manhattan in spring 2004...

  • Page 10
    ... value to the customer. New private brands such as Hotel Collection, offering luxury bed and bath linens, and Tasso Elba, a modern traditional men's sportswear line, supplement already highly successful collections from I.N.C, Charter Club, Alfani, Greendog, The Cellar and Tools of the Trade...

  • Page 11
    ...our high-quality private brands for the home, provides a strong foundation on which to build this part of our business with newness and value, making it bigger and better than ever before. every day, in our stores. These are items that never go on sale so a customer doesn't need to wait to buy them...

  • Page 12
    ... Investor Relations Department 7 West Seventh Street Cincinnati, OH 45202 WRITE: Federated Department Stores, Inc. TRANSFER AGENT FOR FEDERATED SHARES: The Bank of New York Shareholder Relations Department Church Street Station P .O. Box 11258 New York, NY 10286-1258 1-800-524-4458 ANNUAL MEETING...

  • Page 13
    ..., PRESIDENT & CHIEF EXECUTIVE OFFICER Dennis J. Broderick GENERAL COUNSEL & SECRETARY Joel A. Belsky CONTROLLER Cynthia Ray Walker AREA RESEARCH William L. Hawthorne, II DIVERSITY & DEPUTY GENERAL COUNSEL Michael Zorn EMPLOYEE RELATIONS Thomas G. Cody VICE CHAIR David W. Clark HUMAN RESOURCES...

  • Page 14
    7 W E ST SE V E N T H ST R E E T CI N CI N N A TI , O H I O 4 5 2 0 2 W W W . F D S. C O M