Macy's 2007 Annual Report Download

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2007 ANNUAL REPORT
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The Drive to
Differentiate

Table of contents

  • Page 1
    The Drive to Differentiate Macy's • BlooMingdale's 2007 ANNUAL REPORT

  • Page 2
    ... 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. $ 2.231 $ 3.692 $ 4.145 cash...

  • Page 3

  • Page 4
    ... 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...

  • Page 5
    9 • 2007 annual report

  • Page 6
    ...the economy bounces back. Importantly, the core strategy for Macy's, Inc. has not changed. Our decisions are guided by the company's 4 Priorities - compelling and distinctive assortments, simplified pricing, improving the shopping experience, and creative marketing that builds our brands and drives...

  • Page 7
    ... the most advanced POS registers and systems to the sales ï¬,oors nationwide. • Bloomingdale's expanded its national presence with new stores in South Coast Plaza in southern California and in Chevy Chase, MD. Bloomingdale's today operates 40 locations, representing growth in stores of more than...

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    4 • macy's, inc.

  • Page 9
    ... investing resources in talent, technology and marketing that will allow us to ensure that each and every Macy's store is "just right" for the customer who shops in that location. As we provide for more local decision-making in every Macy's community, we will be tailoring our merchandise assortments...

  • Page 10
    6 • macy's, inc.

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    ... in fall 2006 in downtown San Francisco, San Diego's Fashion Valley and Boston's Chestnut Hill, Bloomingdale's debuted in 2007 in South Coast Plaza in Costa Mesa, CA, and in Chevy Chase, MD. Bloomingdale's has announced it will open its first store in the Phoenix market in 2009. Each of these new...

  • Page 12
    ... Klein, Carlos Santana, Donald Trump, Emeril, Jessica Simpson, Kenneth Cole, Marc Ecko, Michael Kors, Phat Farm, Sean John, Ralph Lauren, Tahari and Usher. In 2007, in the largest single brand launch in the history of the company, the exclusive Martha Stewart Collection was introduced in every Macy...

  • Page 13
    ... Charter Club and Style & Co. Also in 2007, the company launched three new private brands. They included Haven by Hotel Collection, eco-friendly products for bed and bath, such as organic cotton sheets and towels; Epic Threads fashion for tweens; and Field Gear rugged sportswear and outdoor products...

  • Page 14
    ... Stores Quite simply, Macy's and Bloomingdale's operate great stores - some of the best fashion retailing locations in America. A core strategic priority of the company today is to invest in improving the shopping experience in each location to maximize results from existing stores. As part of a new...

  • Page 15
    ... from the Macy's Culinary Council. In 2007, stores in Florida and California launched quickservice concepts such as La Brea Bakery shops and newly developed Taste Bars, serving soups, salads, sandwiches, fresh baked goods, coffee and gelato. Full-service restaurants were opened at Macy's during the...

  • Page 16
    ...distribution center network supporting Macy's and Bloomingdale's stores also has been upgraded and reconfigured to reduce the time and costs required to bring fresh goods to the sales ï¬,oor. In the stores, Macy's in 2007 began rolling out a network of 50,000 new registers and point-of-sale systems...

  • Page 17
    ... host solar panels on 28 Macy's stores in California. We increased our use of recycled paper by about 10-fold in 2007 alone. And our customer-oriented fundraising programs in spring 2008 are benefiting organizations such as the National Park Foundation and the National Resources Defense Council. 13...

  • Page 18
    ... a TV audience of 50 million), down to a local store personal appearance, which may attract hundreds of customers to see a fashion show or a cooking presentation by a celebrity chef. In 2008, a host of new and interesting events are planned to drive home the Magic of Macy's and celebrate the brand...

  • Page 19
    ... design celebrities behind unique merchandise sold in our stores and online - ranging from Martha Stewart and Donald Trump to Usher, Jessica Simpson, Tyler Florence, Sean Combs and Kenneth Cole. They were hailed as among the most memorable TV commercials produced in America in 2007. The campaign ads...

  • Page 20
    ... customers through United Way drives, our Thanks For Sharing holiday campaign, Shop for a Cause charity shopping days, Passport and Glamorama fashion events and other programs. The company's employees volunteered about 143,000 hours to the community in 2007 as part of the nationwide Partners in Time...

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  • Page 22
    ...-261-5385 WRITE: Macy's, Inc. Investor Relations Department 7 West Seventh Street Cincinnati, OH 45202 TRANSFER AGENT FOR MACY'S, INC. SHARES Macy's, Inc. c/o BNY Mellon Shareowner Services P.O. Box 358015 Pittsburgh, PA 15252-8015 1-866-337-3311 (Inside the United States and Canada) 1-201-680-6578...

  • Page 23
    ... MACY'S EAST Ron Klein Chairman Mark S. Cosby President MACY'S LOGISTICS Peter Longo President SENIOR VICE PRESIDENTS Dennis J. Broderick General Counsel & Secretary David W. Clark Human Resources MACY'S SYSTEMS AND TECHNOLOGY Larry A. Lewark President & Chief Information Officer MACY'S FLORIDA...

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    7 West Seventh Street • Cincinnati, OH 45202 151 West 34th Street • New York, NY 10001 www.macysinc.com www.macys.com www.bloomingdales.com