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TMCNet:  Macy's, Inc. Launches $1 Million Drive for Hurricane Sandy Recovery Efforts

[November 02, 2012]

Macy's, Inc. Launches $1 Million Drive for Hurricane Sandy Recovery Efforts

CINCINNATI --(Business Wire)--

Macy's, Inc. (NYSE:M) today is appealing to its customers nationwide to join the company and its associates in a drive to raise $1 million for Hurricane Sandy disaster recovery.

Beginning Sunday, Nov. 4, 2012, customers in all Macy's stores nationwide will be able to contribute $1.00 or more to hurricane recovery efforts. Contributions can be made at the registers in all Macy's stores and online at www.macys.com. Contributions will be accepted through Nov. 30, 2012. The company will match customer donations on a dollar-for-dollar basis, up to $500,000, in an effort to give more than $1 million. All funds will be donated to the American Red Cross.

Additionally, the Macy's Foundation will match dollar for dollar employees' contibutions of $25 or more to organizations providing relief assistance and services. The contributions must follow the existing guidelines and limits of the Macy's Foundation's Matching Gifts program.

Also to help customers impacted by Hurricane Sandy, Macy's will offer a special savings voucher valid for 20 percent off regular, sale and clearance priced items and 10 percent off furniture. The voucher can be used for a six-month period for eligible purchases as listed on the voucher. Customers will be required to provide a Red Cross Credit Card, a completed insurance claim form or similar documentation from an agency such as FEMA, and a photo ID to receive the voucher.

"As the full impact of this disaster emerges daily, we are compelled to reach out and help our customers and neighbors who have been so affected by this disaster," said Terry J. Lundgren, chairman, president and CEO of Macy's, Inc. "On behalf of our associates and customers across the country, we are pleased to offer help with support and recovery efforts in our communities."

Macy's, Inc., with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2011 sales of $26.4 billion. The company operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's, as well as the macys.com and bloomingdales.com websites. The company also operates 11 Bloomingdale's Outlet stores.

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


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