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Federated invests for continued growth in Direct-to-Consumer
05 Apr '07
2 min read
Also included in the 2007-2008 capital plan are an expansion of the direct-to-consumer warehouse management system, improvements to the order management system and enhancements to the macys Web site to support projected increases in customer traffic.
This new capital expenditure announced is in addition to approximately $130 million being invested in 2006-2007 in direct-to-consumer infrastructure improvements, primarily a new 600,000-square-foot distribution center to open later this month near Portland, TN. This facility will serve primarily as the shipping point for macys website to midwestern, southern and central states.
This new capital expenditure announced is in addition to approximately $130 million being invested in 2006-2007 in direct-to-consumer infrastructure improvements, primarily a new 600,000-square-foot distribution center to open later this month near Portland, TN. This facility will serve primarily as the shipping point for macys website to midwestern, southern and central states.
Federated Department Stores Inc
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