Macy's, Inc. M today reported total sales of $1.908 billion for
the four weeks ended Oct. 27, 2012, an increase of 3.6 percent compared
with total sales of $1.842 billion in the four weeks ended Oct. 29,
2011. On a same-store basis, Macy's, Inc. sales were up 4.1 percent in
October as compared to October 2011.
“Business was strong in October, and we delivered a solid performance in
the third quarter,” said Terry J. Lundgren, chairman, president and
chief executive officer of Macy's, Inc. “The key growth strategies we
put in place three years ago continue to provide us new opportunities
for continuous improvement in driving sales. We are feeling confident
about our prospects for the upcoming holiday season and have increased
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