Macy's, Inc. reported sales of $1.64 billion for
the four weeks ended Aug. 28, an increase of 6.2% compared
with total sales of $1.54 billion a year ago. On a same-store basis, Macy's, Inc. sales were up 4.3% in
August.
“Our back-to-school business through August has been strong, led by
great performances by Material Girl, the exclusive juniors brand by
Madonna, as well as American Rag, our largest private brand in juniors
and young mens. We are particularly encouraged by the response from our
customers to new fall fashion, which indicates that the consumer
understands and appreciates the value, the quality and the uniqueness of
our on-trend merchandise,” said Terry J. Lundgren, chairman, president
and chief executive officer of Macy's, Inc. “While we continue to watch
economic trends carefully, My Macy's localization and our centralized
organization are helping us to respond effectively to specific customer
needs as they emerge.”
For the year to date, Macy's, Inc. sales totaled $12.749 billion, up 7.1% from total sales of $11.905 billion in the first 30 weeks of
2009. On a same-store basis, Macy's, Inc.'s year-to-date sales were up
5.0% .
Online sales (macys.com and bloomingdales.com combined) were up 22.2% in August and 29.8 percent year to date. Online sales are
included in the same-store sales calculation for Macy's, Inc.
