Macy's Announces August 2010 Same-Store Sales Up 4.3%

Macy's reported net sales of USD 1.638 billion for the four weeks ended August 28, 2010, an 6.2% increase over numbers reported for the same period in 2009. Same-store sales increased 4.3%. Online sales, including Macys.com and Bloomingdales.com, increased 22.2%. Fiscal year-to-date sales grew 7.1% to USD 12.749 billion. Same-store sales increased 5%. Online sales increased 29.8%. According to Chairman, President, and CEO Terry Lundgren, '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