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Macy’s Could Return to Markets Where It Shut Stores in Revving Up Real Estate Efforts

Retailer Says Disappearance of Big-Box Stores Can Reduce Digital Sales in Same Area
Macy’s plans for its properties include adding a tower above its flagship store in Herald Square. (James Hooker/CoStar)
Macy’s plans for its properties include adding a tower above its flagship store in Herald Square. (James Hooker/CoStar)
CoStar News
April 7, 2022 | 9:46 P.M.

In what would be an unusual move, Macy’s may opt to open up department stores again — in better locations — in markets where it has already closed brick-and-mortar locations.

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IN THIS ARTICLE


  • Properties
    • Macy's

      151 34th St, New York, NY