Macy's Reports Strong May

Macy's Inc. (Cincinnati) reported same-store sales were up 7.4 percent in May, with year-to-date same-store sales up 5.9 percent. Total sales were up 8.5 percent for the four weeks ended May 28, 2011.

Macy’s Inc. owns Macy’s and Bloomingdales department stores.

Total sales were $1.937 billion for the four weeks ended May 28, 2011. For the year to date, Macy's Inc. sales totaled $7.826 billion, up 6.3 percent from the first 17 weeks of 2010.

“We continued to see very strong sales results in May as every Macy's stores region, Bloomingdale's stores, macys.com and bloomingdales.com all met or exceeded our aggressive expectations,” says Terry J. Lundgren, chairman, president and ceo of Macy's Inc. “We can attribute this success to the continued crisp execution of our major strategies.”

The company operates about 850 Macy's and Bloomingdale's department stores in 45 states, the District of Columbia, Guam and Puerto Rico. The company also runs four Bloomingdale's Outlet stores.