May Department Stores Co.

News & Analysis

acquisition and may department stores co. - All News and Analysis

• 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

• BALANCE SHEET; WINNERS AND LOSERS ON THE FISCAL BATTLEFIELD.

  - 2004-08-16

  Byline: Arnold J. Karr Like many observers of the retail landscape, we were glad to see MAY DEPARTMENT STORES CO. break with tradition and hold its first-ever earnings conference call following the release of its second-quarter numbers last week. We're delighted with any glimmer...

  Tags: acquisition, FINANCE, Investment, May Department Stores Co., Retail, Sears Roebuck & Co., stock

• May buys Field's from Target

  - 2004-06-21

  MINNEAPOLIS AND ST. LOUIS -- Target Corp., has delivered at least in part on its intent to divest its ancillary divisions with the sale of Marshall Field's and several Mervyn's stores. After months--some would say years--of speculation, Target has finally unloaded its ailing department store division to the highest bidder,...

  Tags: acquisition, analyst, FINANCE, Investment, May Department Stores Co., Mervyn, SALES, Target Corp.

• AT PRESSTIME.( May Department Stores Co. acquisitions)(Brief Article)

  - 2004-06-14

  Prevailing over archrival Federated Department Stores, May Department Stores Co. agreed to acquire the 61-unit Marshall Field's department store group and nine Minnesota-based Mervyn's locations from Target Corp. for about $3.24 billion as this issue went to press. Details and analysis will appear in the June...

  Tags: acquisition, FINANCE, Investment, May Department Stores Co.

• 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.

• THE POWERS THAT BE; HFN'S FIRST LISTING OF THE 100 BIGGEST MOVERS AND SHAKERS IN THE HOME FURNISHINGS INDUSTRY.

  - 2003-06-30

  Forgive us, Francis Bacon: Knowledge is not power. Money is power. And don't anyone forget it. In this, the premiere edition of HFN's Power 100 ranking of the most powerful people in the home furnishings industry, a number of criteria...

  Tags: acquisition, brand, CEO, chairman, FINANCE, Investment, Kahn, May Department Stores Co., president, Retail, SALES, Wal-Mart Stores Inc.

• THE NEW KIDS ON THE BLOCK?(possible mergers and acquisitions in home furnishings during 2003)(Industry Overview)

  - 2003-01-06

  Who will be the movers and shakers and who will be moved and shaken in the mergers and acquisitions arena this year? In-Play 2003 is HFN's exclusive report on the suppliers and retailers that figure to be the most likely players in M&A activity....

  Tags: acquisition, brand, Branding, FINANCE, Investment, M&A, MARKETING, Marshall, May Department Stores Co., Mervyn, Retail, sales, Target Corp.

• MAY CO. BUYS AFTER HOURS FORMALWEAR; THE MEN'S WEAR CHAIN WILL OPERATE AS PART OF COMPANY'S DAVID'S BRIDAL DIVISION.(Brief Article)

  - 2001-12-24

  NEW YORK -- First came the bride, now comes the groom. In yet another step to building the biggest wedding-related business in the nation, May Department Stores Co. brought After Hours Formalwear Inc., the largest tuxedo rental and sales retailer in the ...

  Tags: acquisition, FINANCE, Investment, May Department Stores Co., Retail, SALES

• May Department Stores Plans to Buy Atlanta-Based After Hours Formalwear.

  - 2001-12-20

  By Chern Yeh Kwok, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Dec. 20--May Department Stores Co. said Wednesday that it is buying After Hours Formalwear Inc., the nation's largest tuxedo rental and sales retailer, for about $100 million in cash. Combined...

  Tags: acquisition, Atlanta, FINANCE, Investment, May Department Stores Co., revenue, SALES

• Moody's eyes upgrade of S&C debt after May Co. deal is announced.(Moody's Investors Service reevaluates Strawbridge & Clothier's senior debt after May Department Stores Co.'s acquisition plan was announced)

  - 1996-04-09

  Moody's Investors Service is planning to reevaluate the Ba2 rating on Strawbridge & Clothier's (S&C) senior debt due 2003 after the company announced its divestiture plans. May Department Stores Co. will purchase 13 S&C department stores in Philadelphia, PA, in exchange for about of 4.2 million shares of its common...

  Tags: acquisition, FINANCE, Investment, investor, Kimco Realty Corp., May Department Stores Co., Moody's Corp., Philadelphia, Retail