BLOOMINGDALE'S RECEIVES DEPARTMENT STORE OF THE YEAR AWARD FROM GLOBAL DEPARTMENT STORE SUMMIT

NEW YORK, NY, June 3, 2008 . . . Bloomingdale's received "Department Store of the Year" honors last Thursday evening from the Global Department Store Summit 2008, the first-ever global platform for Department Stores, being held in London, England yesterday and today. The award was created to recognize a world-class performer and innovator from the department store industry.

A panel of 53 department store CEOs were invited to nominate the best department store in the world in 2008 according to criteria that included: an enviable profile through branding, differentiated positioning and powerful messaging; successful developments and executions of product, store and service innovation strategies; delivery of an extraordinary in-store experience; offers of excellent customer service; and strong financial performance.

Commenting on the honor, Michael Gould, Bloomingdale's Chairman and Chief Executive Officer said: "We are delighted to receive this award; and I say 'we' because it is on behalf of all our associates at every level who have dedicated themselves to excellence, innovation and service. It is their passion that has been recognized by a worldwide peer group, and that is especially gratifying."

Organized by Selfridges and Intercontinental Group of Department Stores, The Global Department Store Summit is a new and focused discussion platform aiming to provide true insight into the strategies of leading department stores.

Bloomingdale's is America's only nationwide, full-line, upscale department store; and a division of Macy's, Inc. It was founded in 1872 and currently operates 40 stores in New York, New Jersey, Massachusetts, Pennsylvania, Maryland, Virginia, Illinois, Minnesota, Georgia, Florida, Nevada and California. For more information, or to shop any time, visit www.bloomingdales.com.