Home breadcru News breadcru Retail/Online Store breadcru FDS to build Macy's & Bloomingdale's brands to boost profit

FDS to build Macy's & Bloomingdale's brands to boost profit

21 Sep '05
3 min read

Filene's downtown Boston store, located in the same building as the Filene's/Kaufmann's headquarters, will be divested in 2006. This brings to 76 the total number of duplicative store locations to be divested in 2006 as a result of the merger of Federated and May Company. The nearby Macy's store in downtown Boston will remain in place.

Nation's leading retailer Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with 2004 sales of more than $15.6 billion. With the May Company's 487 department stores and 710 bridal and formalwear stores in 47 states, the District of Columbia and Puerto Rico, Federated operates nearly 950 department stores and more than 700 bridal and formalwear stores in 49 states.

Federated Department Stores Inc

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