- Macy's Inc M plans to expand its Backstage locations across the country this spring.
- The company will open 37 new store-within-store Backstage locations, beginning April 9 through June.
- Macy's Backstage store-within-stores, ranging from 11,000 to 16,000 square feet of retail space, offers various products, including apparel, toys, housewares, beauty products, designer handbags, activewear, and gifts.
- The company ramped up its off-mall, small format expansion in 2021 with two new free-standing Backstage locations.
- Price Action: M shares are trading higher by 0.47% at $26.91 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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