By  on September 28, 2007

Macy's is returning to the New Orleans market after losing two stores there because of Hurricane Katrina.

In November 2008, a two-level, 188,000-square-foot unit is to reopen at Simon Property Group's Esplanade mall in Kenner, La., after completion of renovation and remodeling.

Also in that month, a three-level, 228,000-square-foot store is to open at Lakeside Shopping Center in Metairie, La., which is owned by the Fell Organization. Groundbreaking for the Metairie store is planned for November.

The stores are expected to create about 360 jobs.

"Returning to the New Orleans market has been a top priority for us," said Ed Holman, chairman and chief executive officer of Macy's South, the division responsible for the Louisiana market. "We're looking forward to opening both stores and once again being a part of the vibrant, reenergized and evolving New Orleans community."

Before the devastation wrought by Hurricane Katrina in 2005, Macy's operated two stores in the New Orleans market: one at the Esplanade, opened in 1986. Another, at New Orleans Centre, will not reopen.

The $27 billion Macy's Inc. operates more than 800 Macy's department stores and 40 Bloomingdale's stores.

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