Federated Department Stores Inc.

News & Analysis

acquisition and federated department stores inc. - All News and Analysis

• Federated posts loss after May acquisition

  - 2006-11-09

  CINCINNATI -- Federated Department Stores Inc. on Wednesday reported a $3 million loss in the third quarter as it struggled with disappointing sales at its newly converted 400 Macy's stores and continued hefty costs related to last year's acquisition of May Department Stores Co. The department store operator,...

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Investment, Retail, SALES

• Breakthrough at The Oaks: purchase of center anchors will speed expansion plans

  - 2006-06-05

  When The Macerich Co. agreed to acquire two of the anchor stores at its Thousand Oaks mall, the company was buying a lot more than real estate. Plans for a major overhaul of The Oaks, a mall the company bought in 2002, had been held up ever since Federated...

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Investment, Retail

• FEDERATED 'ON TRACK' AS SALES SURGE; DESPITE DRAMATIC GROWTH, COSTS OF MAY CO. ACQUISITION PULL DEPARTMENT STORE RETAILER INTO RED IN FIRST QUARTER.(Federated Department Stores Inc., May Department Stores Co.)

  - 2006-05-15

  Byline: VICKI M. YOUNG NEW YORK - Federated Department Stores Inc.'s bottom line for the first quarter of its "transition year" was heavily weighed down by the costs of merging with May Department Stores. The retailer last Wednesday posted a...

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Investment, Lord & Taylor, Macy, May Department Stores Co., Retail, SALES

• BRIEFINGS: FEDERATED DEPARTMENT STORES INC...EVERLAST WORLDWIDE INC...

  - 2006-05-08

  Federated Department Stores Inc. signed an agreement to sell 11 department store locations to the Macerich Co. and nine to Simon Property Groups in malls owned by the two real-estate companies. The stores are among the 80 duplicate locations nationwide that Federated previously announced it would...

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Investment, SALES

• Federated Announces Strategic Decisions to Integrate May Company Acquisition; Company to Focus on Building the Macy's and Bloomingdale's Brands While Increasing Profitability

  - 2005-09-20

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD) (PCX:FD) today announced a series of strategic decisions to build its nationwide Macy's and Bloomingdale's brands and reduce costs. These moves will help stimulate long-term growth in sales while taking full advantage of integration opportunities created through the merger of Federated and The...

  Tags: acquisition, brand, Branding, Company, Federated Department Stores Inc., Macy, MARKETING, Marshall, Midwest

• FN SOUND OFF: WHAT WILL FEDERATED'S MAY CO. ACQUISITION MEAN FOR THE FOOTWEAR INDUSTRY?(Footwear News)(Federated Department Stores Inc.)(May Department Stores Co.)

  - 2005-03-07

  James Gold, CEO, Bergdorf Goodman: "The move is very interesting. It will propel Macy's into a truly national department-store chain. They are already a force in their market, but now they will be even more so. ... [Chairman, President and CEO] James Gold, CEO, Bergdorf...

  Tags: acquisition, Federated Department Stores Inc., Macy

• May Co. Might Be Overpaying for Marshall Field's, Analysts Say.

  - 2004-06-11

  By Allyce Bess, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Jun. 11--Marshall Field's might be a hot acquisition, but some analysts say May Department Stores Co. is paying too much for the upscale Midwestern department-store chain. Carol Levenson of...

  Tags: acquisition, analyst, Federated Department Stores Inc., FINANCE, Investment, May Department Stores Co.

• Federated finally reaches deal on Fingerhut. (Retail briefs).(Federated Department Stores Inc., Fingerhut Companies Inc. reach acquisition agreements)

  - 2002-06-17

  After months of negotiations and close calls with other suitors, Federated Department Stores Inc. announced that it has reached a definitive agreement with FAC Acquisitions Llc for the purchase of certain Fingerhut assets. Former Fingerhut chief ex After months of negotiations and close calls...

  Tags: acquisition, Federated Department Stores Inc.

• Business Development Group of Minneapolis Defines For Federated Assets to be Acquired and Updates Status of Fingerhut Acquisition

  - 2002-03-28

  Business Editors MINNEAPOLIS--BUSINESS WIRE--March 28, 2002 BDGA Saving Minnesota jobs will be Priority The Business Development Group Acquisitions BDGA announces today, that more than a month after entering into a non-binding letter of intent with Federated Department Stores, Inc. Federated, that the two sides continue discussions...

  Tags: acquisition, Federated Department Stores Inc., Strategy

• Federated to Acquire Liberty House; Hawaii's Premier Department Store Retailer to Become Part of Macy's

  - 2001-06-19

  Business Editors CINCINNATI--BUSINESS WIRE--June 19, 2001 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today announced that it has entered into an agreement to purchase Liberty House, Hawaii's largest retailer and its only conventional department store group. Terms of the deal, which is expected to close in July, were not disclosed....

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Hawaii, Investment, Liberty, Macy, Retail, SALES