Terry Lundgren
Terry Lundgren
Terrence James Lundgren is an American department store executive and is the CEO, Chairman of the Board, President, and Director at Macy's, Inc., the parent company of Macy's and Bloomingdale's department stores...
Terry Lundgren quotes about
business continued customers millions online opportunity progress represent sales serve
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..
expect grow million sales
We expect our direct-to-consumer sales to grow to more than $750 million by 2008 from about $450 million in 2005.
best business continuing learn meeting possible
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,
advertise affordable customers fashion geographic luxury
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.
charitable community customers including love marshall name record stay traditions
While the store's name will change, much of what customers love will stay the same, including Marshall Field's traditions and its outstanding record of community and charitable giving.
actions build cash confidence determination flow future ongoing operating reflect results
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.
designers exciting helping process
The thought process of helping young designers is an exciting one for Chicago.
brands
one of the best-selling brands in American today.
both brands known retailing
No doubt, these are both very well known retailing brands to the consumer.
across believe continue early expect fragrance momentum reason roll sean stores success
Sean Combs' Unforgivable fragrance is a runaway success at Macy*s. We expect the early momentum to continue as we roll out this new fragrance to our stores across the country. There is every reason to believe that Unforgivable will be the #1 men's fragrance of the season.
believe broad excellent expand extend four locations newness presence represent southern synonymous
We believe all four of these locations represent excellent opportunities to extend and expand the Bloomingdale's brand, which is synonymous with contemporary fashion, newness and a broad assortment of upscale merchandise, ... We will be intensifying Bloomingdale's presence in Boston, Washington, D.C., and southern California.
larger marshall
That's substantially larger than Marshall Field's is in total.
across ahead currently number profitable stores strength twice
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.
above february locations pleased sales slightly stores
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.