Macy’s Inc. announced Wednesday it will open a Bloomingdale’s store in Kuwait next year.
Bloomingdale’s already counts a store in Dubai, and in 2018, Macy’s and Bloomingdale’s stores are scheduled to open in Abu Dhabi. All of the stores are being open in partnership with Middle Eastern retail powerhouse Al Tayer.
The 93,000 sq.-ft. Bloomingdale’s store, which will span three levels, will anchor the new 360 mall in Al Zahra, Kuwait, an upscale area of the country. Construction on the new space will begin next month.
“Bloomingdale’s in Kuwait is another step forward in our strategy for capitalizing on the international potential of Macy’s and Bloomingdale’s, both of which are well-known retail brands around the world,” said Terry Lundgren, chairman and CEO of Macy’s Inc. “We are continuing to learn how best to translate these outstanding brands for our international customers, and we expect the new store in Kuwait to build on Bloomingdale’s experience and success in Dubai.”
“Kuwait is one of the world’s most sophisticated and upscale fashion markets, and Bloomingdale’s is excited to serve new and existing customers from Kuwait. We believe we will bring a new dimension in fashion and style for which Bloomingdale’s is known worldwide,” said Tony Spring, Bloomingdale’s chairman and CEO.
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The moves come after a tough year for Macy’s Inc, which announced a major restructuring initiative and thousands of store closings earlier this month.
