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Macy S Stores Continue To Expand Despite Financial Turmoil
The more
Finance
Storm, the more we need to stimulate consumption, the US Macy
Department store
That's what it plans to do. Its CEO Terry Lundgren announced that it will spend $4 million to refurbish its warehouse and build a bigger one in New York next spring.
Flagship store
It is scheduled to be completed in 2015.
Macy 's plans to achieve annual sales of $100 million, Lundgren said that 4 million dollars spent could not be recovered in a few days.
Boss, you are too optimistic about the future economic trend.
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