CINCINNATI, 2016-Apr-05 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced it will open a new Bloomingdale’s Outlet store in November 2016 in The Outlets at Orange, in Orange, CA – a prime location near Disneyland and other attractions for residents and visitors.
The 24,000-square-foot location will be the 17th Bloomingdale’s Outlet store and offer a range of off-price apparel and accessories, including women’s ready-to-wear, men’s, children’s, women’s shoes, fashion accessories, jewelry, handbags and intimate apparel – all delivering a compelling combination of fashion, quality and value.
“Southern California is an important market for Bloomingdale’s, and we believe this outlet store will attract new shoppers while broadening our offering to existing Bloomingdale’s customers,” said Tony Spring, chairman and chief executive officer of Bloomingdale’s. “The Outlets at Orange is an attractive and growing center with excellent traffic. It provides a great context for the great value, savings, and style delivered at Bloomingdale’s Outlets.”
The Bloomingdale’s Outlet concept was first introduced in 2010 and has grown to include stores in California, Florida,Illinois, Massachusetts, New Hampshire, New York, New Jersey, Pennsylvania, Texas and Virginia.
Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2015 sales of $27.079 billion. The company operates about 870 stores in 45 states, the District of Columbia, Guamand Puerto Rico under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Bloomingdale’s inDubai is operated by Al Tayer Group LLC under a license agreement.
All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Macy’s management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed transactions, prevailing interest rates and non-recurring charges, competitive pressures from specialty stores, general merchandise stores, off-price and discount stores, manufacturers’ outlets, the Internet, mail-order catalogs and television shopping and general consumer spending levels, including the impact of the availability and level of consumer debt, the effect of weather and other factors identified in documents filed by the company with the Securities and Exchange Commission.
(NOTE: Additional information on Macy’s, Inc., including past news releases, is available at www.macysinc.com/pressroom)
Source: Macy’s, Inc.
Macy’s, Inc.
Media – Jim Sluzewski, 513-579-7764
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Investor – Matt Stautberg, 513-579-7780