Thursday, October 7, 2010

The "Material Girl" Pleases Macy's!

The "Material Girl" Pleases Macy's

Macy's, Inc.

Same-Store Sales up 4.8% in SeptemberMacy's, Inc. today reported total sales of $2.183 billion for the five weeks ended Oct. 2, 2010, an increase of 6.9 percent compared with total sales of $2.042 billion in the five weeks ended Oct. 3, 2009. On a same-store basis, Macy's, Inc. sales were up 4.8 percent in September.

"We are very pleased with our sales performance in September. The back-to-school season has been one of our most successful in years, including continued strong results from private brands such as American Rag and the launch of Material Girl, the exclusive juniors brand by Madonna", said Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc.

source: macys

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