Opening Two New Stores in the Chicago and Milwaukee Markets : Macy's News

Macy’s, Inc. (NYSE:M) today announced it will open two new Macy’s stores – one each in the Chicago and Milwaukee markets. Both are in shopping centers being redeveloped by Simon Property Group.

    “We look forward to getting to know the communities and customers served by these two well-positioned shopping centers.”

    A one-level, 140,000-square foot Macy’s in Gurnee Mills in Gurnee, IL, will open in spring 2013. A former Circuit City store in this center will be razed, with a new Macy’s built in its place as part of an updating and upgrading of Gurnee Mills.
    A two-level, 150,000-square-foot Macy’s in Southridge Mall in Greendale, WI, will open in spring 2012. This is a former’s Younker’s location that has been sub-divided in recent years for various specialty retailers. The building will undergo a significant remodeling before re-opening as Macy’s as part of a renovated Southridge Mall.

Both Macy’s stores will offer a full range of apparel and accessories for women, men and children, as well as housewares, home textiles and luggage. The Gurnee Mills and Southridge stores are expected to employ approximately 200 and 160 associates, respectively.

“Chicago and Milwaukee are both very important Macy’s markets where we believe we have untapped potential for growth. With new stores in Gurnee Mills and Southridge, we can serve a larger number of customers with the localized assortments, distinctive fashion, obvious value and exciting shopping experience for which Macy’s is known,” said Ron Klein, Macy’s chief stores officer. “We look forward to getting to know the communities and customers served by these two well-positioned shopping centers.”