Macy's to greatly expand number of smaller stores
Macy’s is accelerating the expansion of its small-format stores as it looks to cater to shoppers seeking more convenient locations NEW YORK -- Macy’s is accelerating the expansion of its small-format stores as it looks to cater to shoppers seeking more convenient locations. The department store said Tuesday that it aims to add up to 30 new small format locations through the fall of 2025, bringing the total number of such stores to roughly 42. The next round of expansion starts in fall 2024. The strategy builds on Macy’s plans, announced in August, to add four small stores in the West and Northeast in the coming weeks. The original eight small-format stores are called Market by Macy’s, but the company said in August that new, smaller stores would just be called Macy's. Nordstrom, Kohl’s, and Macy’s upscale chain, Bloomingdale’s, as well as big box stores like Target, have been adding small -format locations for several years. Macy's has three Bloomingdale’s small -format s...