Macys, Inc. reported total sales of $1.58 billion for the four weeks ended Feb. 28, a decrease of 9.3% compared with total sales of $1.74 billion a year ago. On a same-store basis, Macys, Inc. sales were down 8.5%. Results were consistent with managements expectations.
Online sales were up by 16.2% in February. Online sales are included in the same-store sales calculation for Macys, Inc.
Macy's, Inc. operates more than 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's.
