May Department Stores Co.

News & Analysis

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

• 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.

• May Co.'s Cash Buys Marshall Field's Cachet.

  - 2004-06-13

  By Allyce Bess, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Jun. 13--May Department Stores Co.'s bold purchase of Marshall Field's is, by any measure, a milestone. Weighing in at $3.24 billion in cash, it's St. Louis-based May's largest acquisition...

  Tags: analyst, brand, Branding, Dillard, Federated Department Stores Inc., FINANCE, Investment, MARKETING, Marshall, May Department Stores Co., SALES

• 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.

• BALANCE SHEET; WINNERS AND LOSERS ON THE FISCAL BATTLEFIELD.(includes news briefs from Haggar Corp., May Department Stores Co.)

  - 2003-08-04

  Like the singer in that Kinks song, consumers are tired of waiting. CONSUMER CONFIDENCE took a surprising and entirely unwelcome dip in July, dropping 6.9 points to 76.6 from June's healthier 83.5 level. Analysts, economists and others with skillful ways of expressing their opinions seemed to...

  Tags: analyst, economist, job, May Department Stores Co., SALES

• Wal-Mart, May Stores see profits rise; Penney falters

  - 2003-05-14

  NEW YORK -- Wal-Mart Stores Inc., bolstered by its international results, said Tuesday its earnings rose 14 percent in its first quarter, while two other major retailers reported weak profits for a period hobbled by conflict in Iraq, cool and rainy weather and job losses. May Department Stores...

  Tags: analyst, earnings, FINANCE, May Department Stores Co., Penney, Retail, SALES, Wal-Mart Stores Inc.

• May Buys Two Marshall Field's Stores in Columbus, Ohio.

  - 2003-02-06

  By Thomas Lee, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Feb. 6--May Department Stores Co. said Wednesday that it has acquired two Marshall Field's department stores in Columbus, Ohio. Terms of the deal were not disclosed. The move expands...

  Tags: analyst, Columbus, May Department Stores Co., Ohio, Retail, SALES, Target Corp.

• MAY CO. BEATS WALL STREET WITH 7.4% RISE IN EARNINGS--STRONG 4TH-QUARTER GAINS FUELED BY LAST-MINUTE HOLIDAY SURGE SALES.

  - 1999-02-12

  NEW YORK -- Benefiting from a burst of post-Christmas buying, May Department Stores Co. reported a 7.4 percent earnings gain in the fourth quarter, slightly exceeding Wall Street expectations. May is one of the first retailers to report what is expected to be...

  Tags: analyst, earnings, FINANCE, May Department Stores Co., revenue, SALES

• Philadelphia's Strawbridge & Clothier Vulnerable to Move by May Stores.(Originated from The Philadelphia Inquirer)

  - 1995-08-08

  PHILADELPHIA--Aug. 9--The eagle has flown, leaving Strawbridge alone. Strawbridge & Clothier is now the last major homegrown department store chain in Philadelphia, and one of just a handful surviving in the country. And with Tuesday's sale of Wanamakers, it suddenly finds itself in a vulnerable position...

  Tags: analyst, May Department Stores Co., Philadelphia, Retail

• Federated may up W&L ante. (Federated Department Stores; acquisition battle for Woodward & Lothrop)

  - 1995-08-07

  Federated Department Stores and May Department Stores could engage in a bidding war for bankrupt department store chain Woodward & Lothrop (W&L). On Jul 27, 1995, May and J.C. Penney made a joint bid that exceeded Federated's previous bid by $58 million. Experts expect Federated to better the May/Penney offer....

  Tags: acquisition, analyst, bankruptcy, creditor, Litigation, Macy, May Department Stores Co., Philadelphia, Washington

• Profits at May Co. up 5.1% in period. (May Department Stores Co.) (Brief Article)

  - 1991-08-14

  ST. LOUIS FNS -- Earnings at May Department Stores Co. rose 5.1 percent in the second quarter but were flat in the six months ended Aug. 3. Earnings for the quarter of $82 million, or 61 cents a share, against $78 million or...

  Tags: analyst, earnings, FINANCE, May Department Stores Co., SALES