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Macy’s, Inc.
Macy’s to Open Two New California Stores
July 5th, 2009
Macy's, Inc. (NYSE:M) announced it will open two new Macy's stores in the Central Valley of California in fall 2009. Both are former Gottschalks locations for which Macy's submitted successful bids in the Gottschalks bankruptcy process. The stores are located in River Park in Fresno (107,000 square feet; built in 2004) and Visalia Mall in Visalia (150,000 square feet; built in 1995). Both are expected to be open prior to the 2009 holiday selling season after minor remodeling and re-fixturing. Each store is expected to offer a wide selection of apparel and accessories for the whole family, as well as a limited assortment of home merchandise. Together, the two stores are...
Source: Pharma Investments, Ventures & Law Weekly (2009-07-05)
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