33 ordspråk av Terry Lundgren

Terry Lundgren

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The quarter included stronger-than-expected performance in both the Federated and former May Company divisions, as well as a benefit from a tax settlement and related adjustments.

These actions reflect our confidence in the future operating results and cash flow of the company, as well as our ongoing determination to build long-term shareholder value.

We are pleased with our February sales performance. Same-store sales for Macy's and Bloomingdale's locations were encouraging and above our guidance. Non-comparable stores were slightly above plan.

We are pleased with our February sales performance. Same-store sales for Macy's and Bloomingdale's locations were encouraging and above our guidance.

By announcing these decisions now, we can begin more specific planning for the future. This includes discussing potential career opportunities within Federated for May Company employees and ensuring new merchandise assortments are in place as soon as possible in stores acquired from May.

Sean Combs' Unforgivable fragrance is a runaway success at Macy*s. We expect the early momentum to continue as we roll out this new fragrance to our stores across the country. There is every reason to believe that Unforgivable will be the #1 men's fragrance of the season.

The thought process of helping young designers is an exciting one for Chicago.

Everything that's new, everything we try, everything that's unique [and] different, that makes our brand what it is, will be tested, tried and experienced in this location.

With the merger, we'll become stronger, faster-growing and more profitable than if we went ahead alone, ... The strength of our branding will be across twice the number of stores than we currently operate.

No doubt, these are both very well known retailing brands to the consumer.

This will represent the beginning of a new era for our company, and a period of positive long-term change that we believe will benefit our customers, employees and shareholders,

We will be meeting with the May Co. organization and continuing to learn more about its business so we can make the best possible long-term decisions,

In the short term, we are focused on serving customers and delivering results through the holiday selling season.

one of the best-selling brands in American today.

That's substantially larger than Marshall Field's is in total.

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