macy's earnings season first quarter

To support the growth of its Macy’s Backstage business, Macy’s Inc. plans to open a dedicated distribution center in Columbus, Ohio.

The distribution center is expected to open in fall 2019, and Macy’s anticipates it will create about 400 jobs. This is in addition to the approximately 6,500 employees in Ohio who work at 24 Macy’s stores, one Bluemercury and the company’s corporate offices in the greater Cincinnati area.

Macy’s said Monday that the retailer opened approximately 20 Backstage locations in the first quarter of fiscal 2018 as part of its previously divulged plan to open 100 locations within existing Macy’s stores in fiscal 2018. Many of these locations are in markets new to the Backstage concept, including the Northwest and Southwest. The company’s initial Backstage stores were clustered in the Northeast.

Backstage is Macy’s on-mall, off-price concept.

Michelle Israel, Macy’s senior vice president of off-price, said, “Macy’s Backstage brings great deals, the thrill of the hunt and fun into our exiting Macy’s locations. The focus on value and newness guarantees that with each visit, shoppers will find a compelling assortment of recognizable brands, trends and deals.”

 

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