Federated Department Stores Inc.

News & Analysis

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

• Target to buy closed Strawbridge’s store in Springfield Mall

  - 2006-07-20

  The shuttered Strawbridge's store in the Springfield Mall, Delaware County, will be sold to Target Corp., leaving the Minneapolis company owning two store buildings less than two miles apart on Baltimore Pike. Target said it hadn't yet decided what to do with the two buildings. Federated Department Stores...

  Tags: Boscov, Federated Department Stores Inc., Target Corp.

• Former Strawbridge site in Center City is sold

  - 2006-07-18

  The region's largest retail landlord has bought what was once the flagship of the Strawbridge & Clothier department-store chain. The deal assures that a major portion of the landmark building at Eighth and Market Streets will remain retail and play a role in the revival of urban retailing that...

  Tags: Boscov, Branding, Federated Department Stores Inc., Macy, MARKETING, Retail

• FROM Bleak TO Chic?

  - 2006-06-06

  Donna Mondile is saddened over the disappearance of her favorite department store, Strawbridge's, from the landscape. But the second-grade teacher got a glimmer of hope yesterday, as Pennsylvania Real Estate Investment Trust announced that it had acquired two former Strawbridge's stores in the Philadelphia area. "Hopefully, they'll maintain...

  Tags: Boscov, Federated Department Stores Inc., FINANCE, Investment, MARKETING, Retail

• Shopping mall owner buys 2 former Strawbridge’s stores

  - 2006-06-05

  Pennsylvania Real Estate Investment Trust announced today that it has acquired two former Strawbridge's stores in the Philadelphia area. Terms of the sale were not disclosed. Joseph Coradino, vice president of retail for Pennsylvania Real Estate Investment Trust, which owns six shopping malls in the region, acquired the...

  Tags: Boscov, Federated Department Stores Inc., FINANCE, Investment, MARKETING, Retail

• Looking to spin

  - 2006-03-22

  Ken Lakin stood at the cosmetics counter at Boscov's in the Reading Mall and chatted with the clerks about the newest skin-care product that just arrived. As Erika Andrien and Rose Wieand described the benefits of using the vitamin E-rich product, such as repairing sun-damaged skin, Lakin listened intently...

  Tags: Boscov, cosmetics, Federated Department Stores Inc., Philadelphia, Reading

• Operator of Macy's/Bloomingdales to sell 10 mall department stores

  - 2006-02-07

  After being an anchor at White Marsh Mall for nearly 25 years, the Macy's department store there will soon close its doors and reopen as a Boscov's, a family-owned department store chain.Two other Central Maryland Macy's stores will also become Boscov's.Federated Department Stores Inc., the operator of Macy's and Bloomingdales,...

  Tags: Boscov, Federated Department Stores Inc., FINANCE, Investment, Macy, Strategy

• Boscov's to acquire 10 stores

  - 2006-02-07

  As Strawbridge's begins to fade from Philadelphia, Boscov's Inc. announced plans yesterday to make a bigger mark on the department-store scene. The Reading-based retailer said it would acquire 10 stores from Federated Department Stores Inc. - including five Strawbridge's - in Pennsylvania, Maryland and New Jersey. The 10...

  Tags: Boscov, Federated Department Stores Inc., Macy, mall, Retail

• Boscov’s will buy 10 Federated stores

  - 2006-02-06

  Boscov's Inc. announced today that it will acquire 10 Federated stores in Pennsylvania, Maryland and New Jersey. All 10 are the same mall stores that Federated Department Stores Inc. previously announced for divestiture as a result of its acquisition of the May Department Stores Co. last year. Four...

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

• Some Wanamaker Employees Will Lose Jobs in Federated Deal.(Originated from Cynthia Mayer and Claire Furia, The Philadelphia Inquirer)

  - 1995-06-30

  NEW YORK--Jul. 1--Some 1,200 John Wanamaker department store employees would lose their jobs if the sale of the chain's parent company, Woodward & Lothrop Inc., is approved, according to papers filed yesterday in U.S. Bankruptcy Court. A group led by Federated Department Stores Inc. and including...

  Tags: Boscov, Federated Department Stores Inc., job

• Dividing Philadelphia's Wanamaker Stores Plays Out Like a Chess Game.(Originated from Philadelphia Daily News)

  - 1995-06-27

  PHILADELPHIA--Jun. 27--Carving up the 14-store John Wanamaker chain is something like a board game. The basic rule for players: You don't want to take on a store in a mall where you are already operating or that is too close to where you are already operating. ...

  Tags: Boscov, Federated Department Stores Inc., game, Macy, Mall, Philadelphia, Retail