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"Audits

At Macy’s, independent third party monitors conduct annual compliance audits of our private brand suppliers to identify possible areas of noncompliance with our Vendor and Supplier Code of Conduct (the “Vendor Code”) or potential risks in Macy’s private brands supply chain, while contractually holding our national brand suppliers to the same level of due diligence. Macy’s will not tolerate, and will investigate, any reports alleging human trafficking and slavery in the supply chain. Action is taken against any supplier for non-compliance, resulting in possible termination of the business relationship. Indeed, from 2011-2018, non-compliance with the Vendor Code has resulted in termination of 130 factories. Macy’s does not conduct audits of suppliers that provide us with national brand products.

At Bloomingdale’s, independent third party monitors also conduct annual compliance audits of certain private brand suppliers under the same process outlined above. Bloomingdale’s contractually holds our national brand suppliers and certain other private brand suppliers, who supply the vast majority of the products we offer for sale, to the same level of due diligence. Bloomingdale’s will not tolerate, and will investigate, any reports alleging human trafficking and slavery in the supply chain. Action is taken against any supplier for non-compliance, resulting in possible termination of the business relationship."