**Macy’s Opens First Small-Format Stores in the Northeast and Western Region**
**New York and Dallas, February 22, 2023** – Macy’s, Inc. (NYSE: M) today announced the opening of its first two small-format stores in the Northeast and Western regions of the United States.
The new stores are located at:
– Danbury Fair Mall in Danbury, Connecticut (approximately 20,000 square feet)
– The Shops at La Cantera in San Antonio, Texas (approximately 22,000 square feet)
These smaller-scale stores offer a curated assortment of Macy’s best-selling merchandise across women’s and men’s apparel, accessories, shoes, jewelry, and home goods. They also feature a variety of services, including personal styling, buy online, pick up in store (BOPUS), and returns.
“We are excited to bring our Macy’s experience to new customers in these key markets with our first small-format stores in the Northeast and Western regions,” said Marc Mastronardi, Chief Stores Officer at Macy’s. “These smaller stores allow us to better serve the needs of our customers in these communities, offering them a convenient and curated shopping experience.”
The new small-format stores are part of Macy’s ongoing strategy to optimize its store portfolio and meet the evolving needs of its customers. The company plans to open additional small-format stores in other markets in the future.
In addition to the new small-format stores, Macy’s continues to invest in its existing full-line stores and digital channels. The company recently completed a $2 billion investment in its stores, including renovations, new technology, and enhanced customer experiences. Macy’s also continues to expand its digital offerings, including its website, mobile app, and social media platforms.
**About Macy’s**
Macy’s is one of the nation’s premier retailers, with fiscal 2022 sales of $24.8 billion. The company operates approximately 680 department stores and Macy’s Backstage off-price stores across the United States. Macy’s also operates macys.com, bloomingdales.com, and bluemercury.com. Bloomingdale’s is a wholly owned subsidiary of Macy’s, Inc.
For more information, please visit www.macysinc.com..
