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Ground breaks on Staten Island Mall expansion
Construction has begun on a 240,000-sq.-ft expansion of the Staten Island Mall, the largest shopping center in the New York City borough. The multi-phase project will take two years to complete, and will add some 75,000 sq. ft. of space to Macy’s plus 40,000 sq. ft. for a new Dave & Busters and a 12-option food court. A new wing with a three-level parking deck is destined for one side of the General Growth Properties mall. -
Gap among those unfazed by Macy’s coming store closures
Top suppliers don’t seem very worried about Macy’s looming store closings. And neither does the CEO of Gap Inc., according to a report by CNBC.com. Gap chief executive Art Peck told attendees at Goldman Sachs' Annual Global Retailing Conference that he sees the Macy's store closures as an opportunity to grab market share, the report said.

