NEW YORK — Now the tough part. Federated Department Stores confirmed Monday it will buy May Department Stores for a total of $17 billion in equity and debt, embarking on one of the most dramatic ...
NEW YORK — Federated’s beating out May Co. in the department store derby. That’s according to a report Friday by UBS analyst Linda Kristiansen, who said May Department Stores Co. has been outstripped ...
In an $11 billion deal, Federated Department Stores, Inc., is buying May Department Stores Company. Carol Sanger, Vice President for Corporate Communications for Federated Department Stores, Inc., and ...
NEW YORK (MarketWatch) -- Federated Department Stores on Tuesday said it completed its merger with The May Department Stores. The company said it has identified an additional seven duplicate stores in ...
For 127 years, shopping on Chicago’s State Street meant one thing: Marshall Field’s, the hallmark department store that has stood at that address since the White Sox were the White Stockings. Come ...
correctionA Feb. 28 article misstated the number of stores operated by May Department Stores Co., owner of Hecht's and Lord & Taylor. It has 491 stores, not 501. (Published 3/3/05) NEW YORK, -- Feb.
CHICAGO – Federated Department Stores Inc. (FD) is buying rival May Department Stores Co. (MAY) for $11 billion in cash and stock in a deal that would create a powerhouse better able to compete ...
The merger of Federated and May will bring together well-known department stores such as Macy's, Bloomingdale's, Lord & Taylor and Marshall Field's under one corporate roof. But the new company faces ...
NEW YORK, Nov 2 (Reuters) - Federated Department Stores Inc. , parent of Macy's and Bloomingdale's, on Thursday reported a better-than-expected gain in October sales at stores open at least one full ...
SAN FRANCISCO (MarketWatch) -- Federated Department Stores Inc. said Friday it will close five underperforming Lord & Taylor stores and convert another one to a Macy's. The closures -- two in St.
Howard Goldfeder, chairman and chief executive officer of the former Federated Department Stores Inc. for seven years until the company was sold to the Campeau Corporation in 1988, passed away on Nov.
Federated Department Stores Inc. said yesterday that it plans to shut down seven stores -- including five Lord & Taylor locations -- and cut more than 1,200 jobs across the country. Two of the ...
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