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New Macy's Store

From: ASAP


Federated Department Stores, Inc. today announced the construction of a new Macy's store at the Promenade Mall in Temecula, CA.

The new Macy's store will be a two-level, full-line department store, excluding furniture, of 165,000 square feet. Construction is scheduled to begin this month with a store opening planned for fall 2002.

"Macy's West is committed to our Southern California customers by providing quality merchandise, personal service and an exciting shopping experience," said Jeremiah J. Sullivan, chairman and ceo of Macy's West. "We look forward to serving the Temecula market with our new store at the Promenade Mall."

Federated's Macy's West division is headquartered in San Francisco and currently operates 136 stores. Annual 2000 sales totaled $4.26 billion.

Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of more than $18.4 billion. Federated currently operates more than 450 stores in 34 states, Guam and Puerto Rico, under the names of Macy's, Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus, Liberty House and Rich's, as well as macys.com, bloomingdales.com and Bloomingdale's By Mail. Federated also operates the Fingerhut subsidiary

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