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In springtime, 2013 Macy’s will be opening a 140,000 square-foot store in Gurnee Mills in Gurnee, Ill. representing the retailer’s first store in an outlet center.
This Macy’s location will be in a wing that is in the process of being redeveloped into a setting for full-price stores. That's right - it's not actually an outlet although we do expect lower prices and some off-point items. A representative for Gurnee Mills said the addition of Macy's will create a true retail hybrid of full-price, outlet and value retail. Gurnee Mills has more than 200 stores including Last Call by Neiman Marcus, Saks Off 5th, Forever 21, H&M, as well as outlets for Guess, Tommy Hilfiger, Banana Republic, Abercrombie & Fitch and Nike, among others.
Gurnee Mills will be Macy’s 19th store in the market. If it performs well, Macy’s might open more units in outlet centers. Also, Macy’s will open a two-level, 150,000-square-foot store in Southridge Mall in Greendale, Wis., in spring 2012, on the site of a former’s Younkers that has been subdivided for retailers. The building will remodeled as part of a renovated Southridge Mall, which is also owned by the same company as Gurnee Mills. [WWD]