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2000 |
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| A new private brand of apparel and accessories for children, called Greendog, debuts at stores across the country. |
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2001 |
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| In February, Federated announces that its Stern's division will be closed, with most locations being converted to the Bloomingdale's or Macy's nameplates. In July, Federated acquires Liberty House, Hawaii's largest retailer and only conventional department store group. It becomes part of Macy's West. |
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2002 |
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| Federated disposes of Fingerhut. Terry J. Lundgren becomes chief operating officer in addition to president and chief merchandising officer. |
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2003 |
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| Federated integrates the Macy's nameplates with its regional department stores - creating Bon-Macy's, Burdines-Macy's, Goldsmith's-Macy's, Lazarus-Macy's and Rich's-Macy's. Macy's Corporate Marketing developed. Bloomingdale's enters the Atlanta market for the first time with two stores. Terry J. Lundgren becomes president and chief executive officer. James M. Zimmerman remains chairman of the board. Federated board initiates quarterly dividends. |
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2004 |
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| Terry J. Lundgren becomes chairman, president and CEO as James M. Zimmerman retires as chairman of the company. Macy's Home Store division is formed. May Company acquires Marshall Field's. |
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2005 |
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| Federated begins operating nationwide under two
store nameplates - Macy's and Bloomingdale's - as
all regional department store names are converted
to the Macy's brand.
Macy's launches a new customer loyalty program,
with escalating benefits for its largest customers, as it
issues new credit cards on about 14 million accounts.
Federated acquires The May Department Stores
Company. The acquisition creates a stronger, more
resourceful company with more stores nationwide.
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2006 |
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| More than 400 former May Company stores convert to Macy's, creating a nationwide store focused on delivering fashion and affordable luxury to customers from coast to coast.
Macy's launches its first-ever national advertising
campaign.
Federated divests Lord & Taylor, David's Bridal and
Priscilla of Boston, which were acquired as part of The
May Department Stores Company.
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2007
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| Federated sells its 507-store
After Hours Formalwear
business, which was acquired
as part of May Company,
to Houston-based Men's
Wearhouse.
Shareholders vote to change
the corporate name from
Federated Department Stores,
Inc. to Macy's, Inc. |
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2008 |
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| Macy's began piloting a new
localization initiative called
My Macy's in 20 local markets
as it consolidated three
divisions - Macy's North into
Macy's East; Macy's Northwest
into Macy's West; and Macy's
Midwest into Macy's South
(creating a new Macy's
Central division).
The company celebrated
Macy's 150th birthday on
October 28.
The company announced
its first international
store locations - two
Bloomingdale's scheduled to
open in 2010 in Dubai.
Macy's, Inc. launches a
corporatewide sustainability
initiative to guide a wide
variety of efforts to protect
the environment. |
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2009 |
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| Macy's rolls out its
"My Macy's" localization
initiative nationwide, creating
49 new local stores districts,
while adopting a unified
national operating structure. |
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