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March 21, 2013
12:02 EDTMMacy's to invest over $35M to expand Arizona fulfillment center
Macy’s 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 $35M 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. 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.
News For M From The Last 14 Days
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July 30, 2014
07:37 EDTMMacy's volatility elevated into Q2 and outlook
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July 28, 2014
08:01 EDTMMacy's FY14 SSS guidance likely at risk, says Deutsche Bank
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July 23, 2014
09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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July 18, 2014
18:12 EDTMVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link

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