Company Profile For Macy's Inc.

Macy's, Inc. (Macy's) is a retail company that operates retail stores and Internet Websites under two brands, Macy’s and Bloomingdale’s, which sell a range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods in 45 states, the District of Columbia, Guam and Puerto Rico. As of January 31, 2009, the Company’s operations were conducted through seven operating divisions: four geographic Macy’s divisions, macys.com, Bloomingdale’s, and bloomingdales.com, which are aggregated into one segment. As of January 31, 2009, the Company operated 847 retail stores in 45 states, the District of Columbia, Puerto Rico and Guam, comprising a total of approximately 154,300,000 square feet. Of such stores, 466 were owned, 263 were leased and 118 stores were operated under arrangements, where the Company owned the building and leased the land. Most stores of its are located at urban or suburban sites across the United States.

BRIEF: For the thirty nine weeks ended 31 October 2009, Macy's, Inc.'s revenues decreased 8% to $15.64B. Net loss totaled $116M, up from $30M. Revenues reflect a decrease in sales volume of the Company. Net loss reflects a decrease in gross profit margins, an increase in division consolidation costs and a fall in operating income. Macy's,Inc., is one of the nation's premier retailers. It operates more than 840 department stores in 45 in Columbia.