By Bill Read
June 15, 2021
Macy’s Rolls out Market by Macy’s
- Macy’s prior locations and square footage
- New locations and square footage
This should not come as a surprise to those following retail, but Macy’s has said on earnings calls that they will be opening Market by Macy’s and Backstage stores in the Atlanta and Dallas-Fort Worth metros. Both will be opening stores later this year.
According to Bill Read, executive vice president of Retail Specialists, our sister company, Market by Macy’s opened its first two locations in DFW in the past year, located in lifestyle centers with co-tenants like Apple, Pottery Barn, and Warby Parker.
McDonough, Georgia will be the home of the new Market by Macy’s in the Atlanta metro and will open in the South Point Shopping Center.
We are also continuing to test and expand the off-mall presence in our omni market ecosystem. At the end of this month, we’ll be opening a freestanding Backstage store in the Dallas-Fort Worth area, the first two freestanding Backstage stores in 2021.
SOURCE: MACY’S Q1 2021 EARNINGS TRANSCRIPTS 5/18/21
The Read Report
Industry report on trends with commercial retail real estate.
Researched and written by Bill Read.
About Retail Specialists
Retail Specialists, LLC (RSI) is the premier retail real estate services firm in the south. We are committed to long-term relationships in property management, retail representation, development, and leasing and brokerage. Founded in 2005, we’ve thrived through tough times and shine under pressure. A unique mix of experience, technology, and data have proven successful in a business we love.