Macy’s Will Open Up To 30 Stores, As Department Store Looks To Strip Malls As Key Part Of Future

The company did not announce locations, but said the additional stores will start to open next year.

  • Macy’s will open up to 30 more stores in strip centers, as it thinks outside of the shopping mall.
  • The stores are roughly one-fifth the size of its traditional stores.
  • The move marks an inflection point for the department store operator, which has struggled with dwindling mall traffic.
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