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Macy’s growing its outlet format


Macy’s Inc. relatively new to the outlet sector but it’s making up for lost time.

On the heels of the debut of its Macy’s Backstage off-price format and the news that it would close up to 40 underperforming namesake stores, the retailer announced it will open two Bloomingdale’s Outlet stores in November, at The Shops at Liberty Place in Philadelphia, and at Westfield Mission Valley in San Diego.

In addition, as previously announced, a new Bloomingdale’s Outlet stores will open in Manhattan, also in November, on the city’s Upper West Side. Currently, the company operates Bloomingdale’s Outlet stores in nine states.

The new Philadelphia and San Diego outlets each will be approximately 20,000 sq. ft., with one floor, and offer a range of off-price apparel and accessories.

“We are excited about the continued expansion of Bloomingdale’s Outlet stores,” said Tony Spring, chairman and CEO of Bloomingdale’s. “In addition to our upcoming Manhattan location, Philadelphia and San Diego are powerful markets with outstanding destinations for our customers. We look forward to serving both communities with great value, savings, and style.”

Macy’s namesake division entered the off-price sector at the beginning of September, opening three stores in the New York City metro area.

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