Macy’s announced that it will expand its online order fulfillment center in Goodyear, AZ, to accommodate continued sales growth as part of the company’s omnichannel strategy. The company is expected to invest more than $35M in capital in the project. The Goodyear facility, with 600,000 square feet of space, was built by Macy’s, Inc. and opened in spring 2008. The expansion will add 360,000 square feet of space. Construction is expected to begin this summer so the expanded facility, with a total of 960,000 square feet, can be operational in spring 2014. The Goodyear fulfillment center currently employs more than 500 full-time-equivalent associates. With the expansion, employment is expected to grow to more than 625 full-time equivalents.
Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace …