Monday, May 21, 2012

Macy's Canada, Aye?

On the international front, overseas developers are all over Macy’s, eager to get the company to open Macy’s and Bloomingdale’s outside the U.S. So far, Macy’s Inc. has only one international store, Bloomingdale’s in Dubai, though Macy’s does distribute a small volume of merchandise to about 100 primarily English-speaking countries.

Asked if Sears unloading units in Canada could present an opportunity, Lundgren replied, “It could.” But he added, “You’ve got to look at a big picture strategy” before considering stores here and there. Nordstrom is also eyeing Canada, and may be considering some Sears locations there.


On May 22, Macy’s officially launches its Brazil promotion, though there is Brazilian merchandise already selling in the stores. Asked if import promotions are on the agenda for the future, Lundgren said, “We want to see the results for Brazil.…We’re not going to commit to one every year.”
See you in Canada Hey!

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