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Macy's to open two new California Stores
12
Jun '09
Macy's Inc announced it will open two new Macy's stores in the Central Valley of California in fall 2009. Both are former Gottschalks locations for which Macy's submitted successful bids in the Gottschalks bankruptcy process.

The stores are located in River Park in Fresno (107,000 square feet; built in 2004) and Visalia Mall in Visalia (150,000 square feet; built in 1995). Both are expected to be open prior to the 2009 holiday selling season after minor remodeling and re-fixturing. Each store is expected to offer a wide selection of apparel and accessories for the whole family, as well as a limited assortment of home merchandise. Together, the two stores are expected to employ about 250 Macy's associates.

"With these new locations, Macy's is expanding its presence and serving new customers in the important Central Valley market," said Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc. "We look forward to offering a locally-focused combination of fashion and value for which Macy's is well known, and to being active members of the community."

Macy's Inc, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2008 sales of $24.9 billion. The company operates more than 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com and bloomingdales.com. Prior to June 1, 2007, Macy's Inc was known as Federated Department Stores Inc.

Macy's Inc


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