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Federated plans new Macy's at The Falls in Miami.


CINCINNATI, OHIO--(BUSINESS WIRE)--June 7, 1995--Federated Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. today announced the planned opening of a new Macy's location in Miami, FL, with a scheduled August 1996 opening. Construction of the new Macy's store was approved by Federated's Board of Directors in May.

The 230,000-square-foot Macy's will be located in The Falls shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , which currently is anchored by Bloomingdale's and consists of more than 50 specialty stores. The center is now being redeveloped to include 170,000 square feet of additional small shop space, as well as the new Macy's store.

"Macy's is very excited about the opportunity to join Bloomingdale's at The Falls," said Harold Kahn, chairman and chief executive officer of Macy's East. "We regard Miami as a truly outstanding market with a growing community customer base, which we believe fits well into Macy's plans to expand both to existing and new markets."

The Macy's East division of Federated Connected and treated as one. See federated database and federated directories. , with 1994 sales of $4.9 billion, operates 92 stores in 11 eastern states Eastern States can refer to several locations:
  • New England, United States
  • Eastern states of Australia
 and 5 New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt.  states, including Jordan Marsh.

Federated Department Stores, Inc., with corporate offices in Cincinnati and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, is on of the nation's leading department store retailers, with annual sales of more than $14 billion. Federated currently operates 354 department stores and more than 100 specialty and clearance stores in 35 states under the names of Bloomingdale's, The Bon Marche, Bullock's, Burdines, Goldsmith's, Jordan Marsh, Lazarus, Macy's, Rich's and Stern's, as well as Aeropostale, Charter Club and Macy's Close Out.

CONTACT: Federated Department Stores, Inc., Cincinnati

Mary Ann Shannon, 513/579-7292
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 7, 1995
Words:261
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