Macy's, Inc. to Expand Arizona Fulfillment Center
CINCINNATI--(BUSINESS WIRE)-- Macy's, Inc. (NYS: M) today announced that it will expand its online order fulfillment center in Goodyear, AZ, to accommodate continued sales growth as part of the company's omnichannel strategy. The company is expected to invest more than $35 million in capital in the project.
The Goodyear facility, with 600,000 square feet of space, was built by Macy's, Inc. and opened in spring 2008. The expansion will add 360,000 square feet of space. Construction is expected to begin this summer so the expanded facility, with a total of 960,000 square feet, can be operational in spring 2014.
"Macy's omnichannel strategy has helped us to accelerate sales growth - from a combination of stores and online - in recent years as we position our company to serve customers no matter wherever, however and whenever they prefer to shop. Our online fulfillment centers, as well as the 500 Macy's stores that will be equipped to fulfill orders by the end of 2013, handle customer orders placed online, as well as ship products to customers who shop in stores that may not stock the specific product they need. Through our omnichannel strategy, we can access the total inventory of our company for every customer," said R.B. Harrison, Macy's, Inc.'s chief omnichannel officer.
"Going forward, it is important that our systems and facilities continue to develop so we have the capacity to continue to serve customer demand and grow sales. Goodyear already is a state-of-the-art fulfillment center, and this expansion will allow us to scale up its capabilities to handle the higher level of volume expected in the years ahead," Harrison said.
The Goodyear fulfillment center currently employs more than 500 full-time-equivalent associates. With the expansion, employment is expected to grow to more than 625 full-time equivalents.
"We are thrilled with Macy's decision to select Goodyear for its next major expansion of its online business fulfillment capacity. Macy's has been a great corporate citizen, community partner and major employer these past five years," said Goodyear Mayor Georgia Lord. "To have Macy's grow jobs to 625 full-time equivalents, with a new $35 million capital investment, is a wonderful testament to our commitment to provide a place for businesses to grow and our citizens to enjoy good jobs with top tier employers. Macy's is one of our most critical corporate anchors. Their expansion demonstrates Goodyear is continuing to grow and we're ready for businesses to grow with us."
In addition to Goodyear, the company's omnichannel strategy also is supported by major fulfillment centers located in Martinsburg, WV, Portland, TN, and Cheshire, CT.
Macy's, Inc., with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2012 sales of $27.7 billion. The company operates about 840 stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's, as well as the macys.com and bloomingdales.com websites. The company operates 12 Bloomingdale's Outlet stores. Bloomingdale's in Dubai is operated by Al Tayer Group LLC under a license agreement.
All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Macy's management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including variability in the costs of providing healthcare and retirement benefits to current or former employees, conditions to, or changes in the timing of, proposed transactions, prevailing interest rates and non-recurring charges, competitive pressures from specialty stores, general merchandise stores, off-price and discount stores, manufacturers' outlets, the Internet, mail-order catalogs and television shopping and general consumer spending levels, including the impact of the availability and level of consumer debt, the effect of weather and other factors identified in documents filed by the company with the Securities and Exchange Commission.
(NOTE: Additional information on Macy's, Inc., including past news releases, is available at www.macysinc.com/pressroom).
Media - Jim Sluzewski, 513-579-7764
Investor - Matt Stautberg, 513-579-7780
KEYWORDS: United States North America Arizona New York Ohio
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