Corporate Vision

Macy's, Inc. is a premier national retailer with brands that reflect the spirit of America. The timeless values that made our nation strong are the same values that make our company strong.

• A belief in the promise of the future with the energy and determination to get us there.
• A belief that our heritage mirrors the optimism, inclusion and integrity that provide for both stability and growth.
• A belief that taking advantage of the right opportunities will continue to lead us to success in all that we do.

Corporate Philosophy

Macy's, Inc. clearly recognizes that the customer is paramount, and that all actions and strategies must be directed toward providing a localized merchandise offering and shopping experience to targeted consumers through dynamic department stores and online sites.

Aggressive implementation of the company's customer-centric strategies, as well as careful and thorough planning, will provide Macy's, Inc.'s department stores with an important competitive edge.

Macy's, Inc. is committed to open and honest communications with employees, shareholders, vendors, customers, financial analysts and the news media. The company seeks to be proactive in sharing information and in keeping these key stakeholder groups up-to-date on important and material developments.

At Macy's, Inc., our greatest strength lies in the skill, judgment and talent of our people. Every day a production of enormous magnitude takes place on our selling floors and behind the scenes, where our people bring the company's strategic goals to life. Our priority of attracting, retaining and growing the most talented people in the retail industry has been and will continue to be our greatest advantage.

Corporate Financial Objectives

• To accelerate comp-store sales growth.
• To improve return on investment.
• To continue to increase the company's profitability levels (earnings before interest, taxes, depreciation and amortization) as a percent of sales.