Macy’s speeds up plans to open smaller stores outside of malls


Macy’s speeds up plans to open smaller stores outside of malls


Macy’s is accelerating its plans to open smaller stores that aren’t attached to suburban shopping malls, in a bid to evolve along with its customers’ shopping preferences coming out of the Covid pandemic.

The department store chain said Wednesday that it will open three stores this fall that each represent ways Macy’s is thinking about how it aims to reposition its real estate in the future. That includes:

Key Points
  • Macy’s is speeding up its plans to open smaller stores that aren’t attached to suburban shopping malls, in a bid to evolve with its customers’ shopping preferences coming out of the Covid pandemic.

  • The department store chain said it will open three stores this fall that each represent ways Macy’s is thinking about how it aims to reposition its real estate in the future.

  • “We want to be convenient and we want to make it easy,” Marc Mastronardi, Macy’s chief stores officer, said in an interview.
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RSK: I think this may a good move for some locations and I get their reasoning...but I sure love the Macy`s at Hilldale Mall myself.

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- - Volume: 10 - WEEK: 31 Date: 7/26/2022 10:45:18 AM -