Macy’s to add 2,800 jobs with $584 million North Carolina fulfillment center

36366 macys to add 2800 jobs with 584 million north carolina fulfillment center

Macy’s Inc. M, -3.75% said Thursday that it will open a fulfillment center in China Grove, N.C. in 2024 that will employ 2,800 workers. The facility, which will span 1.4 million square feet and cost $584 million, will account for 30% of the department store retailer’s digital supply chain capacity. Macy’s is also expanding its Texas facility, with the new distribution center expected to be complete mid-2023. Macy’s stock was down 3.5% on Thursday, but has rallied more than 52% over the past year.

Source: Marketwatch

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