Macy’s, Inc. reported total sales of $1.69 billion for the four weeks ended Oct. 31, a decrease of 1.3% from $1.71 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 0.8% in October.
For the third quarter of 2009, the company’s total sales were $5.276 billion, a decrease of 3.9% compared to total sales of $5.493 billion in the same 13-week period last year. On a same-store basis, Macy’s, Inc.’s third-quarter sales were down 3.6%.
For the year to date, Macy’s, Inc. sales totaled $15.639 billion, down 7.8% from total sales of $16.958 billion in the first 39 weeks of 2008. On a same-store basis, Macy’s, Inc.’s year-to-date sales were down 7.5%.
Online sales (macys.com and bloomingdales.com combined) were up 34.6% in October 2009, 21.1 percent in the third quarter and 15.6% for the year to date. Online sales positively affected the company’s same-store sales by 0.6 percentage points in the third quarter and 0.5 percentage points in the year to date. Online sales are included in the same-store sales calculation for Macy's, Inc.
