Macy's 2007 Annual Report Download - page 20

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macy’s, inc.
16
Diversity Reects Our Marketplace
Diversity within our workforce, customer base and
community and vendor relationships helps Macy’s, Inc. stay
attuned to the multicultural marketplace we serve. On a day-
to-day basis, diversity manifests itself in the respectful way
we treat our customers, vendors, members of the community
and one another. Our philosophy is intended to help ensure
that appreciation for the unique characteristics and strengths
of every person is pervasive at all levels of the company. This
encourages creative thinking and innovation, which is at the
heart of our success.
Our workforce initiatives include talent acquisition and
succession management, diversity training through
workshops and computer-based training, and events
sponsored by diversity councils and affinity groups.
Additionally, Macy’s, Inc.s Supplier Diversity Program seeks to
source goods and services – either for resale or in support of
business operations – from qualified minority- and women-
owned enterprises. In fiscal 2007, these purchases totaled
$604 million.
Community Leadership Makes a Dierence
Macys, Inc. is proud of its track record as a caring corporate citizen
that leads and supports many worthwhile community initiatives.
The company believes that giving back to our communities is
the right thing to do and supports our business strategies. We
understand that stronger and healthier communities provide
better environments for our stores to do business and for our
employees and customers to live and work. Macy’s, Inc. supports
this commitment by encouraging charitable giving and employee
volunteerism at both the national and local levels.
Contributions from the company and its charitable foundations
totaled $35.7 million in scal 2007, including matching more than
$4 million in employee gifts to non-prot organizations across the
country. In addition, the company’s efforts resulted in an additional
$42.7 million in contributions from employees and 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 program.