Macy’s, Inc. (NYSE:M) announced plans today for a new store at Summit Fair in Lee’s Summit, MO, in the metropolitan Kansas City area. The open-air lifestyle center will be located at 50 Highway and Chipman Road in southeast Jackson County.

At 120,000 square feet, the Summit Fair location will be a new format for a one-level lifestyle store. It will feature a full range of apparel, and accessories for men, women and children, along with selected products for the home.

Construction will begin in fall 2008 and opening is planned for fall 2009.

This will be the sixth Macy’s store in the Kansas City metropolitan area. It will be operated by the Macy’s Midwest division, headquartered in St. Louis.

“We are very pleased to be expanding our stores in the important Kansas City market,” said William P. McNamara, chairman and CEO of Macy’s Midwest. “Summit Fair will be a great, new shopping destination in Lee’s Summit. We look forward to building on our strong presence in the community and are dedicated to delivering customers the style, quality and value they expect from Macy’s.”

Summit Fair is being developed by Red Development in partnership with CBL & Associates Properties, Inc.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2006 sales of $27 billion. The company operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com, bloomingdales.com and Bloomingdale's By Mail. Prior to June 1, 2007, Macy’s, Inc. was known as Federated Department Stores, Inc.

The Macy’s Midwest division is based in St. Louis and currently operates 113 stores in nine states.

(NOTE: Additional information on Macy’s, Inc., including past news releases, is available at www.macysinc.com/pressroom).