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Terry Lundgren Quotes

«Customers have told us they want the fashion and affordable luxury they find in Macy's stores. With this expanded geographic coverage, we now will be positioned to nationally advertise the Macy's brand.»
«Online sales represent the fastest-growing part of our business and an outstanding opportunity for continued progress as we serve millions of new customers nationwide through our acquisition of May Co..»
«We expect our direct-to-consumer sales to grow to more than $750 million by 2008 from about $450 million in 2005.»
«Our online businesses have performed very well over the past several years, with consistent double-digit sales growth rates and improving profitability. To maintain the momentum, we recognize we need to invest to better serve additional customers who want to shop online for the type of fashion merchandise we sell, especially as Macy's and Bloomingdale's expand their store presence nationwide. We are very serious about capitalizing on this opportunity.»
«To maintain the momentum, we recognize we need to invest to better serve additional customers who want to shop online for the type of fashion merchandise we sell, especially as Macy's and Bloomingdale's expand their store presence nationwide. We are very serious about capitalizing on this opportunity.»
«The quarter included stronger-than-expected performance in both the Federated and former May Company divisions, as well as a benefit from a tax settlement and related adjustments.»
«These actions reflect our confidence in the future operating results and cash flow of the company, as well as our ongoing determination to build long-term shareholder value.»
«We are pleased with our February sales performance. Same-store sales for Macy's and Bloomingdale's locations were encouraging and above our guidance. Non-comparable stores were slightly above plan.»
«We are pleased with our February sales performance. Same-store sales for Macy's and Bloomingdale's locations were encouraging and above our guidance.»
«By announcing these decisions now, we can begin more specific planning for the future. This includes discussing potential career opportunities within Federated for May Company employees and ensuring new merchandise assortments are in place as soon as possible in stores acquired from May.»

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