NEW YORK – The primary pared-down Macy’s in New Jersey will open its doorways in a couple of days, a part of the corporate’s push to triple the variety of such models by fall 2025.
The newest small-format Macy’s store is slated to carry its grand opening April 19 at Centerton Sq. in Mount Laurel, N.J. The 30,200-sq.-ft. retailer will open in an area previously occupied by Mattress Bathtub & Past. Neighboring retailers embody Goal, T.J. Maxx, Burlington, 5 Beneath, Mattress Agency, Lane Bryant, DSW and Yankee Candle.
The corporate can also be anticipated to open a 2nd small-format Macy’s store in New Jersey in some unspecified time in the future this yr in Ramsey, N.J. Additionally a former Mattress Bathtub & Past location, the unit might be roughly 25,000 sq. ft.
Final October, Macy’s Inc. introduced plans to step up growth of its small-store technique, starting in 2024. By the second half of 2025, it expects to function as much as 30 new small-format Macy’s models. There have been a dozen such models in operation on the finish of 2023.
“Paired with a premier digital expertise, these small-format shops improve the corporate’s retailer portfolio with a mixture of the very best on- and off-mall places, to ship a seamless procuring expertise throughout channels,” the corporate stated within the announcement.
Macy’s Inc. has not but printed the complete roster of small-format places it has deliberate. Nor has it publicly launch a listing of the roughly 150 full-line Macy’s stores slated to close between 2024 and 2026.
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