Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(For more retail coverage, click GlobeSt.com/RETAIL.)

CHESTNUT HILL, MA-Macy’s plans to open one of its most exclusive department stores in the country in March when it unveils its new retail store in upscale Chestnut Hill.

The new Chestnut Hill Macy’s will occupy space currently leased to a Bloomingdales women’s clothing store, which will move next month to 189,200 sf of retail space formerly occupied by a Filene’s store in the Mall at Chestnut Hill. The mall is also home to a Bloomingdale’s men’s and home store.

The store openings and relocation are part of a $17-billion takeover by Federated of several regional chains throughout the country, including Filene’s, many of which have been reopened under the firm’s Macy’s banner.

A Federated Department Stores spokesman confirms for GlobeSt.com that Macy’s, which is owned by Federated, plans to stock the store with high-end merchandise not normally found in less affluent communities but declined to say exactly which brands would be offered.

“It will be upscale fashion goods that are above the level of a typical Macy’s, as others stores in that trading area have,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.