Macy’s Flagship Store in Herald Square to Get $400M Makeover

NEW YORK - DECEMBER 22: Shoppers and pedestrians cross 34th Street outside of Macy's Herald Square department store after 10pm December 22, 2009 in New York City. Macy's is staying open 24 hours a day in hopes to boost retail sales numbers in the runup to the Christmas holiday. (Photo by Chris Hondros/Getty Images) Photo: Chris Hondros/2009 Getty Images

The Macy's store in Manhattan's Herald Square will be growing over the next four years. The retail giant says it plans to spend roughly $400 million over that period to renovate and expand its flagship store. The project will make Macy's a job creator, too: The makeover will create roughly 800 jobs by the fall of 2015, when the renovation is expected to be completed.

What to expect from the expansion, which begins next spring? Macy's will create the world's largest women's shoe department. Hopefully there's room in the budget for more couches for the men.

Macy's Plans $400M, Four-Year Makeover [NY1]