Expanding the discounts

(Mike Mozart)

Macy’s Opening 16 Additional Discount “Backstage” Stores This Year

Last year, Macy’s dipped its toes into the waters of discount retailing by opening six off-price offshoots called Backstage, and announced the closure of 40 struggling locations of its namesake store. Now it appears the retail company plans to meld those two things by opening 15 Backstage stores inside existing locations, and opening one standalone discount location.  [More]