Macy’s Reaches Agreement with New York State Attorney General on Racial Profiling Allegations
August 20 2014 - 7:30AM
Business Wire
Macy’s, Inc. (NYSE:M) today issued the following statement:
“Macy's has reached resolution with the New
York State Office of the Attorney General related to allegations of
racial profiling in our stores in New York. We also have settled in
principle various lawsuits related to these allegations.
"To be clear, our company's policies strictly
prohibit any form of discrimination or racial profiling and any
occurrence of such behavior will not be tolerated in our
organization.
“Moving forward, our company will be
initiating a series of measures including enhanced training and
education for our loss prevention and sales associates. We also
will be adopting an expanded role for our security monitor to help
ensure that we have the right policies and procedures in place, and
that we are constantly reviewing our compliance with them.
“We at Macy’s are committed to fulfilling to
the ideals of diversity, inclusion and respect that our company
aspires to achieve – every day, in every store and office, with
every customer and associate.
“Serving customers is what we are all about,
and we will continue to work tirelessly to ensure that all
customers feel welcome at Macy’s and are treated with respect. Our
company has a long tradition of setting the gold standard in how we
operate. We were among the first retail companies to establish a
strong position on diversity and inclusion. We have a proven track
record of reflecting the diverse communities we serve in every
aspect of our business – including hiring, associate development,
purchasing, community support, visual presentation and advertising.
Our plans for moving forward further reinforce that
commitment.”
Macy’s, Inc., with corporate offices in Cincinnati and New York,
is one of the nation’s premier retailers, with fiscal 2013 sales of
$27.931 billion. The company operates about 840 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 operates 13 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. In light of these risks and uncertainties,
readers are cautioned not to place undue reliance on
forward-looking statements. Except as may be required by applicable
law, Macy’s disclaims any obligation to update its forward-looking
statements for any reason.
(Note: additional information on Macy’s, Inc., including past
news releases, is available at www.macysinc.com/pressroom)
Macy’s, Inc.Media - Jim Sluzewski, 513-579-7764orInvestor - Matt
Stautberg, 513-579-7780
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