Macy`s, Inc. Same-Store Sales Down 2.3% in September

CINCINNATI--(Business Wire)--
Macy`s, Inc. (NYSE: M) today reported total sales of $2.043 billion for the five
weeks ended Oct. 3, 2009, a decrease of 2.4 percent compared with total sales of
$2.093 billion in the five weeks ended Oct. 4, 2008. On a same-store basis,
Macy`s, Inc. sales were down 2.3 percent in September.

For the year to date, Macy`s, Inc. sales totaled $13.948 billion, down 8.5
percent from total sales of $15.244 billion in the first 35 weeks of 2008. On a
same-store basis, Macy`s, Inc.`s year-to-date sales were down 8.2 percent.

Online sales (macys.com and bloomingdales.com combined) were up 14.8 percent in
September 2009 and 13.3 percent for the year to date. Online sales are included
in the same-store sales calculation for Macy's, Inc.

Macy's, Inc., with corporate offices in Cincinnati and New York, is one of the
nation's premier retailers, with fiscal 2008 sales of $24.9 billion. The company
operates more than 840 department stores in 45 states, the District of Columbia,
Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company
also operates macys.com and bloomingdales.com. Prior to June 1, 2007, Macy's,
Inc. was known as Federated Department Stores, Inc.

All statements in this press release that are not statements of historical fact
are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements are based upon the current
beliefs and expectations of Macy`s management and are subject to significant
risks and uncertainties. Actual results could differ materially from those
expressed in or implied by the forward-looking statements contained in this
release because of a variety of factors, including conditions to, or changes in
the timing of, proposed transactions, prevailing interest rates, changes in
expected synergies, cost savings and non-recurring charges, competitive
pressures from specialty stores, general merchandise stores, manufacturers'
outlets, off-price and discount stores, new and established forms of home
shopping (including the Internet, mail-order catalogs and television) and
general consumer spending levels, including the impact of the availability and
level of consumer debt, the effect of weather and other factors identified in
documents filed by the company with the Securities and Exchange Commission.

(NOTE: Additional information on Macy`s, Inc., including past news releases, is
available at www.macysinc.com/pressroom).

Macy`s, Inc.
Media - Jim Sluzewski, 513-579-7764
or
Investor - Susan Robinson, 513-579-7780

Copyright Business Wire 2009