Macy’s to Open First International Location in Abu Dhabi

American department store Macy’s on Tuesday announced it plans to open its first outlet outside the US at Al Maryah Central, on Abu Dhabi’s Al Maryah Island.

The agreement with Gulf Related and Al Tayer Group also includes plans for the second Bloomingdale’s department store in the UAE at the same location, which at 230,000 square foot will be the largest department store in the Middle East. The first Bloomingdale’s store in the region opened at The Dubai Mall in 2010.

Both landmark stores will be located at Gulf Related’s $1 billion, 2.3 million square foot retail development at Al Maryah Central and are scheduled to open in Spring 2018.

Each department store will be divided across four levels, with the Macy’s outlet set to take up 205,000 square foot of space.

“We are delighted to be launching the first Macy’s outside of the United States, as well as our second Bloomingdale’s, in Abu Dhabi. Having recorded almost five successful years with Bloomingdale’s – Dubai, we are confident that the offering from Macy’s will have an equally strong appeal in the Middle East region,” said Khalid Al Tayer, CEO – Retail, Al Tayer Group.

“Both Macy’s and Bloomingdale’s have entrenched themselves as market leaders in department store retailing in the US, and we look forward to delivering the same unrivalled shopping experience to customers in Abu Dhabi,” he added.

“As a spectacular new world-class shopping destination, Al Maryah Central provides an outstanding opportunity to introduce Macy’s to customers who live and work in the booming UAE market, as well as to visitors who come from around the world for events, business and holidays,” said Terry Lundgren, Macy’s, Inc. Chairman and CEO.

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Posted on October 29, 2014, in #international, #luxury, #middleast, #retail. Bookmark the permalink. Leave a comment.

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