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Paul will close on Sundays-spun2

 
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PostPosted: Sun 1:37, 25 Aug 2013    Post subject: Paul will close on Sundays-spun2

Paul will close every sunday,[link widoczny dla zalogowanych]
The long-struggling St,[link widoczny dla zalogowanych]. Paul Macy's store said Wednesday it will close every sunday and pare back its daily hours inside a new strategy targeted at better serving the capital city's downtown business customers.
Simultaneously,[link widoczny dla zalogowanych], the store at 411 Cedar St. will add 12 workers to its current roster of 137 employees. from late June.
Macy's is targeting the 75,[link widoczny dla zalogowanych],000 workers in offices and residents in downtown St. Paul, according to Andrea Schwartz, a spokeswoman for that New York-based mall chain. "We really weren't seeing much traffic on Sundays; the bulk of our traffic is on weekdays," she said.
The shop will also tailor its merchandise mix to include more business-friendly goods, including women's career collections,[link widoczny dla zalogowanych], shoes, hosiery,[link widoczny dla zalogowanych], handbags as well as men's business collections,[link widoczny dla zalogowanych], shoes and basics. There will also be a larger choice of watches,[link widoczny dla zalogowanych], luggage, briefcases and milestone and anniversary gifts.
Rumors concerning the fate of the small St. Paul Macy's store have circulated for years.
Come Dec. 31, the shop will be released from a key financial obligation using the city of St. Paul. In 2001, in order to keep what was a Dayton's mall, the town gave the retailer a $6.3 million forgivable loan. In exchange,[link widoczny dla zalogowanych], the retailer agreed to stay through 2012. Leaving sooner would require Macy's to pay back the borrowed funds with interest -- about $6.9 million.
"I actually see this like a positive sign,[link widoczny dla zalogowanych]," said Ned Rukavina, senior director-retail, at Cushman Wakefield/NorthMarq in Bloomington.
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