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,
More Quotes from Terry Lundgren:
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.Terry Lundgren
We will be meeting with the May Co. organization and continuing to learn more about its business so we can make the best possible long-term decisions,
Terry Lundgren
With the merger, we'll become stronger, faster-growing and more profitable than if we went ahead alone, ... The strength of our branding will be across twice the number of stores than we currently operate.
Terry Lundgren
one of the best-selling brands in American today.
Terry Lundgren
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.
Terry Lundgren
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