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Ikea ups solar presence to more than 50% of U.S. stores
Conshohocken, Pa. -- Ikea announced on Wednesday plans to install solar energy panels at three additional U.S. locations, bringing the number of Ikea U.S. stores with a solar program to 23 – more than half of the home-furnishing retailer’s domestic presence.
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Macy’s to invest $400 million to renovate Herald Square flagship
New York City -- Macy’s announced it plans to spend about $400 million over the next four years to remodel and update its legendary store at Herald Square in Manhattan.
As part of the project, the store’s space will be expanded by 100,000-sq.-ft., giving it a total of 1.2 million sq. ft. of selling space. The additional space will result from opening up space currently used for stock and offices and extending the mezzanine level in the Broadway Building.