Friday, January 22, 2010

Retail News Alert: Bloomingdale's Opening Outlet Locations



Macy's Inc. announced this week of plans to launch a new Bloomingdale's Outlet store concept for 2010. These stores will be approximately 25,000 square feet, and scheduled to open in Summer or Fall of 2010. The focus of these stores will be shopping centers with an upscale outlet store focus, and positioned in excellent, high-traffic locations. They will begin with four units on the East Coast, and plans of additional stores to open 2011.

"We have been studying the opportunities for entering the off-the-mall outlet business for some time, and the timing is right given the consumer's particular focus on value in addition to fashion and quality," said by Terry J. Lundgren, chairman, president and chief executive officer of Macy's Inc. The outlet stores will offer a range of apparel and accessories, including women's ready-to-wear, men's, children's, women's shoes, fashion accessories, jewelry, handbags and intimate apparel.

So guys get ready, because there's nothing I love better than high fashions at a great cost!

~XOXO FashionHustler

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