Macy?s Inc Provides Information to the Shareholders
March 14, 2024 at 05:26 pm EDT
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On March 14, 2024, Macy?s Inc announced the nomination of Douglas W. Sesler, Founder and President of Fair Street Partners, to stand for election to the Company?s Board of Directors at the 2024 Annual Meeting of Shareholders. Tony Spring, chief executive officer and chairman-elect of the Company expressed that the Doug would bring to the Company Board a unique combination of experience at real estate investment and financial services firms, along with an intimate understanding of the Company and its real estate assets. In addition, the Company announced that Francis S. Blake, who has served on the Board since 2015, will not stand for reelection at the Annual Meeting, in accordance with the mandatory retirement age of the Board?s Corporate Governance Principles.
Macy's, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands, Macy's, Bloomingdale's and Bluemercury, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Cerulean 6, Charter Club, Club Room, Epic Threads, Family PJ's, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, and others.
MACY'S, INC. 
