Macy’s Announces New Store Plans in New York and California

U.S. retail chain, Macy's Inc., has announced plans for three new stores offering a range of merchandise categories.

The announcement was made following the release of the company's third quarter earnings reflecting strong ongoing sales.

The company mentioned its plans of setting a three-level, 160,000-square-foot Macy's in the Mall at Bay Plaza in the Bronx borough of New York City. This new store, set to open in fall 2013, will be built as part of Prestige Properties' expansion of Bay Plaza Shopping Center. With its launch, Bay Plaza will be Macy's 30th store in the metro New York market.

On the other hand, there are also plans of setting a two-level, 200,000-square-foot Macy's that will replace the existing Macy's store in Westfield South Shore in Bay Shore, NY.

The current South Shore store of 318,000 square feet was opened in 1963 and has a workforce of 180 associates. The company's current plan is to offer Macy's South Shore associates the opportunity to transfer to open positions in nearby Macy's stores during the construction process.

Our new Macy's stores in Bay Plaza and South Shore will help us to better serve customers and deepen our presence in the diverse and densely populated New York marketplace, where we already enjoy a significant presence. Our Victorville store, on the other hand, will be the first Macy's in that rapidly growing city and we look forward to meeting and engaging new customers, stated Ron Klein, Macy's chief stores officer.

The one-level, 103,000-square-foot Macy's in the Mall of Victor Valley in Victorville, Calif., has a planned launch date of mid-2013.