Bloomingdale’s Outlet Store to Open in Orange, CA

CINCINNATI–(BUSINESS WIRE)–Macy’s, Inc. (NYSE:M) today announced it will open a new Bloomingdale’s
Outlet store in November 2016 in The Outlets at Orange, in Orange, CA –
a prime location near Disneyland and other attractions for residents and
visitors.

The 24,000-square-foot location will be the 17th
Bloomingdale’s Outlet store and offer a range of off-price apparel and
accessories, including women’s ready-to-wear, men’s, children’s, women’s
shoes, fashion accessories, jewelry, handbags and intimate apparel – all
delivering a compelling combination of fashion, quality and value.

“Southern California is an important market for Bloomingdale’s, and we
believe this outlet store will attract new shoppers while broadening our
offering to existing Bloomingdale’s customers,” said Tony Spring,
chairman and chief executive officer of Bloomingdale’s. “The Outlets at
Orange is an attractive and growing center with excellent traffic. It
provides a great context for the great value, savings, and style
delivered at Bloomingdale’s Outlets.”

The Bloomingdale’s Outlet concept was first introduced in 2010 and has
grown to include stores in California, Florida, Illinois, Massachusetts,
New Hampshire, New York, New Jersey, Pennsylvania, Texas and Virginia.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one
of the nation’s premier retailers, with fiscal 2015 sales of $27.079
billion. The company operates about 870 stores in 45 states, the
District of Columbia, Guam and Puerto Rico under the names of Macy’s,
Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury,
as well as the macys.com, bloomingdales.com and bluemercury.com
websites. Bloomingdale’s in Dubai is operated by Al Tayer Group LLC
under a license agreement.

All statements in this press release that are not statements of
historical fact are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements are
based upon the current beliefs and expectations of Macy’s management and
are subject to significant risks and uncertainties. Actual results could
differ materially from those expressed in or implied by the
forward-looking statements contained in this release because of a
variety of factors, including conditions to, or changes in the timing
of, proposed transactions, prevailing interest rates and non-recurring
charges, competitive pressures from specialty stores, general
merchandise stores, off-price and discount stores, manufacturers’
outlets, the Internet, mail-order catalogs and television shopping and
general consumer spending levels, including the impact of the
availability and level of consumer debt, the effect of weather and other
factors identified in documents filed by the company with the Securities
and Exchange Commission.

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

Contacts

Macy’s, Inc.
Media – Jim Sluzewski, 513-579-7764
or
Investor
– Matt Stautberg, 513-579-7780