Macy's

Macy's, formerly Federated Department Stores, is the largest department store chain in the U.S, with over 825 stores across the country. In 2005 it acquired its rival May Department Stores Its brands are Macy's and upscale Bloomingdale's. Sales are some $27 billion annually.

In 2011, Macy's reported a net sales of $26,405,000,000.

Ties to Pete Peterson's "Fix the Debt"
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." is part of the Campaign to Fix the Debt as of February 2013.

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.

Executive Management
As of February 2013:
 * Timothy M. Adams, Chief Private Brand Officer
 * William S. Allen, Chief Human Resources Officer
 * Jeffrey Gennette, Chief Merchandising Officer
 * Michael Gould, Chairman and Chief Executive Officer, Bloomingdale's
 * Julie Greiner, Chief Merchandise Planning Officer
 * Robert B. Harrison, Chief Omnichannel Officer
 * Karen M. Hoguet, Chief Financial Officer
 * Jeffrey A. Kantor, Chairman, macys.com
 * Terry J. Lundgren, Chairman, President and Chief Executive Officer
 * Martine Reardon, Chief Marketing Officer
 * Peter Sachse, Chief Stores Officer

Board of Directors
As of February 2013:
 * Stephen F. Bollenbach, - Chairman of the Board, KB Home
 * Deirdre P. Connelly - President, North American Pharmaceuticals, GlaxoSmithKline
 * Meyer Feldberg - Dean Emeritus and Professor of Leadership and Ethics. Columbia Business School
 * Sara Levinson - former Chairman and Chief Executive Officer, ClubMom, Inc.
 * Terry J. Lundgren - Chairman, President and Chief Executive Officer, Macy’s, Inc.
 * Joseph Neubauer - Chairman and Chief Executive Officer, ARAMARK Holdings Corporation
 * Joyce M. Roché - former President and Chief Executive Officer, Girls Incorporated
 * Paul C. Varga - Chairman and Chief Executive Officer, Brown-Forman Corporation
 * Craig E. Weatherup - former Chief Executive Officer, The Pepsi-Cola Company
 * Marna C. Whittington - former Chief Executive Officer, Allianz Global Investors Capital

Former board members include:
 * Joseph A. Pichler, Former Chairman The Kroger Co.
 * Karl M. von der Heyden, Former Vice Chairman PepsiCo, Inc.

Political contributions
Federated Department Stores (Macy's) gave $35,000 to federal candidates in the 2006 election through its political action committee - 9% to Democrats and 91% to Republicans.

Contact details
7 W. 7th St. Cincinnati, OH 45202 Phone: 513-579-7000 Fax: 513-579-7555 Web: http://www.federated-fds.com

Featured SourceWatch Articles on Fix the Debt

 * Susan D. Kronick ‎ - former vice chair
 * Fix the Debt Portal Page
 * Fix the Debt's Leadership
 * Fix the Debt's Partner Groups
 * Fix the Debt's State Chapters
 * Fix the Debt's Lobbyists
 * Fix the Debt's Parent Group
 * Fix the Debt's Corporations
 * Pete Peterson
 * Peter G. Peterson Foundation
 * America Speaks
 * Simpson-Bowles Commission
 * Erskine Bowles
 * Alan Simpson
 * Social Security
 * Medicare
 * Medicaid