Macy's President and incoming CEO Jeff Gennette announced the deal during a Goldman Sachs retail conference call.
Apple will build a store in Macy's flagship Herald Square location. The department store will be the first to house an Apple Store within its walls. It will also be the first to sell the Apple Watch. The smartwatch will be carried at more than 180 stores in time for the holiday shopping season.
“It will be in all of our top buildings for the holiday season,” Gennette said.
The Apple Watch Series 2 launches on September 16th alongside the iPhone 7 and iPhone 7 Plus.