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Press release from Business Wire

Macy's, Inc. 2013 College Hiring Again Exceeds 1,000 Students

<p class='bwalignc'> <i><b>Macy's and Bloomingdale's campus recruiting attracts top talent for the future</b></i> </p>

Wednesday, May 29, 2013

Macy's, Inc. 2013 College Hiring Again Exceeds 1,000 Students

08:15 EDT Wednesday, May 29, 2013

CINCINNATI (Business Wire) -- Macy's, Inc. (NYSE:M) today reported that it has hired more than 1,000 top students from America's colleges and universities again in 2013. They are filling slots in the company's industry-leading Executive Development Program (EDP) and for summer internships nationwide.

The hires include 695 new college graduates for full-time EDP positions, which is an entry-level step in building a career as an executive with the company. In addition, 325 college students – primarily those between their junior and senior years – have joined Macy's and Bloomingdale's as interns in stores, merchandising, private brand development, e-commerce, information technology, logistics, finance, marketing and human resources functions.

Macy's, Inc. is ranked among the Top 25 organizations for business students in Universum USA's 2013 survey of “America's Ideal Employers.” The ranking is based on surveys completed by more than 65,000 students on 312 university campuses nationwide.

This is the second consecutive year in which Macy's and Bloomingdale's college hiring exceeded 1,000 positions. The 2013 class of college hires was recruited from more than 55 American college and universities campuses after a rigorous selection process to identify the highest-potential talent.

“We have had great success in attracting very smart, motivated and well-rounded college students to Macy's and Bloomingdale's. Our company is not only a great place to work, but an outstanding learning environment where individuals' talent can be developed and they can advance rapidly toward their career goals. We have invested aggressively in recent years to create the best retail executive training program in America, and we continue to build on our reputation as our industry's premier training ground,” said Terry J. Lundgren, Macy's, Inc. chairman, president and chief executive officer. “The nature of our business allows our people to have a fulfilling and varied career experience within our organization. It is increasingly important that the individuals we recruit from colleges and universities reflect the multicultural diversity of the society we serve. Across our company, these recruits help us to be more successful as we focus on serving the varying needs and preferences of customers in every local community where we operate, as well as online and mobile as part of our omnichannel strategy.”

Macy's, Inc., with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2012 sales of $27.7 billion. The company operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's, as well as the macys.com and bloomingdales.com websites. The company also operates 12 Bloomingdale's Outlet stores. 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).

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

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