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Macy's expands presence in Puerto Rico with mew unit for fall 2015

Cincinnati -- Macy's Inc. has announced its plans to open a new store in Ponce, Puerto Rico by fall 2015.

The two-level, 150,000-square-foot store will be located in Plaza Del Caribe, the largest mall in southern Puerto Rico, owned by Empresas Fonalledas. It marks Macy's second unit on the island -- the first of which opened in 2000 in San Juan's Plaza Las Américas mall.

The Ponce store will include an assortment of fashion goods for the home as well as for women, men, and children - all tailored to the preferences of the Puerto Rican customer.

Construction of the site is expected to begin in 2014.

"We look forward to the opportunity to serve the large and dynamic market in southern, central and western Puerto Rico with the distinctive fashion, great value and exciting shopping experience for which Macy's is well known," said Peter Sachse, Macy's chief stores officer. "Macy's has been warmly received by Dr. María Meléndez Altieri, Mayor of Ponce, and her staff. We appreciate their support, and look forward to Macy's being a good employer and involved citizen of the Ponce community."

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