RAPAPORT... Macy's detailed two store projects this evening that are meant to enhance its presence in the Las Vegas marketplace. Macy's will build a two-level, 180,000-square-foot store in Shops at Summerlin, a new shopping venue in west Las Vegas being developed by The Howard Hughes Corporation. This will be Macy's first new full-line store to be built in the Las Vegas market since 1996 and it will include fashions and accessories for women, men, children and home. This location is expected to open in the fourth quarter of 2014 and become the anchor store for Shops at Summerlin, a 1.5 million-square-foot development.
Macy's will soon expand its presence in the Fashion Show Mall on South Las Vegas Boulevard with a new two-level, 105,000-square-foot Macy's Men's Store to open in spring 2013. Today, Macy's operates a full-line store there with 201,000 square feet of space. After the men's department is moved to the new store, located across the mall's corridor, the current main store will be significantly remodeled by fall 2013 primarily to increase selling space for women's accessories, including handbags, shoes, fashion jewelry and fine jewelry.
The new Macy's Men's Store will be located in a former Robinson's-May location that has been vacant for some time. Macy's will occupy about half of that space, with construction expected to begin next month. The remainder of the vacant space will be returned to the mall owner, General Growth Properties.
"These two new stores will serve distinctly different customers in the large and diverse Las Vegas marketplace. Our two stores at Fashion Show Mall will primarily serve the 37 million tourists who visit the Las Vegas Strip each year. Meanwhile, Macy's Summerlin will be positioned to focus on the city's resident population," said Peter Sachse, Macy's chief stores officer. "In each case, we will be tailoring our merchandise assortments of well-known brands to local customer needs, with an emphasis on the distinctive fashion, value and magical shopping experience for which Macy's is known."