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Macy's Store Count to Remain Roughly the Same

Macy's Inc. announced its store plan for the year, which will result in slightly fewer Bloomingdale's units and roughly the same number of Macy's locations. It will also expand its Bloomingdale's Outlet concept.
     The Macy's nameplate will close five stores in early spring. It will open five new stores and one replacement store. After the actions are completed, the company will operate 804 Macy's units.
     Bloomingdale's will close four stores, open one and replace one. The Bloomingdale's Outlet concept launched in fall 2010 will add five more units, bringing the total outlet count to 12.