152-year-old family-owned retailer continues national expansion with new anchor location at Freehold Raceway Mall

Von Maur Department Stores announced today plans to open a new anchor store at Macerich's Freehold Raceway Mall in Freehold, New Jersey, with an anticipated opening in Fall 2027. The new location will mark the company's first store in New Jersey, expanding its presence in the Northeast and introducing its signature customer service and upscale shopping experience to Central New Jersey.

Von Maur, recognized as America's Best Department Store by Newsweek for four consecutive years, is renowned for its thoughtfully curated selection of brand-name and specialty apparel, shoes, accessories, and gifts. The three-level, approximately 164,000 square foot Von Maur location will offer products from top brands including Dagne Dover, Marine Layer, Bobbi Brown, Rhone, UNRL, Vuori, Peter Millar, TravisMathew, Hammitt, Varley, Marc Jacobs, Free People, Happy Camp3r, and Liverpool Los Angeles, among many others. The store will also feature the company's industry-leading amenities including superior customer service, an interest-free charge card, a robust rewards program, and complimentary services such as gift wrapping and shipping.

"We are thrilled to bring the Von Maur experience to Central New Jersey," said Jim von Maur, president and fourth-generation leader of Von Maur Department Stores. "Freehold Raceway Mall is the area's premier shopping destination, and we look forward to joining its vibrant retail community. As we continue to expand across the country, this new location represents an exciting milestone for our company."

The Freehold Von Maur store will employ approximately 150 full-time and part-time associates. The company is known for competitive wages, robust employee benefits, and a strong commitment to employee development.

"Von Maur is a best-in-class anchor that serves as a catalyst for our Freehold center and underscores our commitment to bring elevated brands that complement our retail mix," said Jack Hsieh, President and CEO, Macerich. "Von Maur's addition reinforces Macerich's Path Forward strategy to deliver new anchor tenants that have clearly demonstrated the ability to drive traffic and sales across a property."

Conveniently located for the shoppers of Monmouth County and the surrounding communities, the new Von Maur store is located at the intersection of Route 9 and Business Route 33, across from the former site of the historic Freehold Raceway. The Von Maur store will be an anchor tenant in the space previously occupied by Nordstrom and will feature the company's hallmark residential ambiance, plush furnishings, open-floor plan, and live music from the store's grand piano.

Once the Freehold store is complete, Von Maur will have 40 department store locations across the country. Building upon this successful growth, the company is also undergoing a multi-phased, $100 million renovation of its existing stores over the next five years.

About Von Maur

Von Maur Department Stores was founded in 1872 in downtown Davenport, Iowa. In addition to its retail stores, the company operates a 120,000 square foot E-Commerce facility that drives its successful online business. The company also operates Dry Goods, the trend-driven young women's apparel and accessories retailer. For more information on Von Maur and its exceptional shopping experience both in store and online, please visit www.vonmaur.com and follow on Facebook, Instagram and TikTok.

About Macerich

Macerich (NYSE:MAC) is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 39 million square feet of real estate, consisting primarily of interests in 38 retail centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. For more information, please visit www.Macerich.com

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Heidi Frank

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Von Maur Department Stores to Open First Location in New Jersey in Fall 2027