Bloomingdale’s Outlet Stores to Open in Philadelphia and San Diego

CINCINNATI–(BUSINESS WIRE)–Macy’s, Inc. (NYSE:M) today announced it will open new Bloomingdale’s
Outlet stores in November 2015 in The Shops at Liberty Place (1625
Chestnut St.) in Center City Philadelphia and in Westfield Mission
Valley in San Diego.

These two openings will bring the number of Bloomingdale’s Outlet stores
to 16. Currently, 13 Bloomingdale’s Outlet stores operate in nine
states. A previously announced new location also will open in November
2015 at 2085 Broadway (on the northwest corner of 72nd
Street) in the heart of Manhattan’s Upper West Side.

The new Philadelphia and San Diego outlets each will be approximately
20,000 square feet on one level 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.

“We are excited about the continued expansion of Bloomingdale’s Outlet
stores,” said Tony Spring, chairman and chief executive officer of
Bloomingdale’s. “In addition to our upcoming Manhattan location,
Philadelphia and San Diego are powerful markets with outstanding
destinations for our customers. We look forward to serving both
communities with great value, savings, and style.”

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, Texas, Virginia and now
Pennsylvania.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one
of the nation’s premier retailers, with fiscal 2014 sales of $28.105
billion. The company operates about 885 stores in 45 states, the
District of Columbia, Guam and Puerto Rico under the names of Macy’s,
Bloomingdale’s, Bloomingdale’s Outlet 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
Investor
– Matt Stautberg, 513-579-7780