Macy's, Inc. (M) disclosed plans to launch a new Bloomingdale's Outlet store concept in 2010.
Subject to final lease agreements, plans call for four new Bloomingdale's Outlets, each with approximately 25,000 square feet, to open in summer or fall 2010 in the shopping centers, Bergen Town Center, Paramus, Dolphin Mall, Miami, Potomac Mills, Woodbridge, and Sawgrass Mills, Sunrise with an upscale outlet store focus. Additional Bloomingdale's Outlet stores are expected to roll out to selected locations across the country in 2011 and beyond.
Bloomingdale's Outlet stores will offer a range of apparel and accessories, including women's ready-to-wear, men's, children's, women's shoes, fashion accessories, jewelry, handbags and intimate apparel.
Arnold Orlick, a former division principal of Federated Department Stores, Inc., will rejoin Bloomingdale's as senior vice president for outlet stores in a new role to lead and develop the outlet stores business.
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