Macy’s Looks to Expand Overseas

Cincinnati Macy’s is looking to expand overseas, according to a report in the Cincinnati Inquirer.

“Our No. 1 priority is same-store growth, but as we look further down the line for added avenues of growth, international is something we need to explore and investigate,” said Macy’s spokesman Jim Sluzewski.

“We’ve selectively sold our private brands in noncompeting retailers for 10 years or more,” Sluzewski said. “This is about bricks and mortar.”

The company will look for overseas opportunities for its Macy’s and Bloomingdale’s stores, the report said.