Federated Department Stores Inc.

News & Analysis

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

• Federated to Consolidate Distribution Centers

  - 2006-11-16

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced a consolidation of its distribution center network in the Midwest to reduce duplication, increase efficiency and streamline operations. As a result, the company will close three distributions centers in early 2007. These centers were acquired in 2005 as part of...

  Tags: consolidation, Federated Department Stores Inc., MARKETING, SOFTWARE, Transportation

• Federated to Consolidate Distribution Centers

  - 2006-01-19

  CINCINNATI -- Federated Department Stores, Inc. today announced it will close five distribution centers in 2006 as part of a nationwide consolidation of its distribution center network to maintain efficiency and reduce duplication as it realigns its Macy's operating divisions, as previously announced. The consolidation follows Federated's acquisition of...

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• Federated Announces Credit Facility Consolidation

  - 2005-10-25

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today announced it will consolidate credit-related support facilities acquired in its merger with The May Department Stores Company. These moves will improve operating efficiencies and enhance customer service by coordinating technology and capital investments. May Company's Earth City credit center in St....

  Tags: Company, consolidation, Federated Department Stores Inc., FINANCE, Investment

• Federated rides strong quarter.(Federated Department Stores Inc.)

  - 2005-05-16

  CINCINNATI -- Helped by modestly stronger sales, wider margins and lower costs--and importantly putting behind it a handful of costs tied to store closings and the Macy's home store centralization that depressed the bottom line a year ago--Federate CINCINNATI -- Helped by modestly stronger...

  Tags: centralization, consolidation, Federated Department Stores Inc., Macy

• ATHLETICS GIANTS WON'T MERGE

  - 1998-09-14

  VENATOR, SPORTS AUTHORITY BREAK ENGAGEMENT AS STOCK PRICES PLUMMET NEW YORK -- Venator Group Inc. and The Sports Authority Inc. last week called off their merger, which would have created an $8 billion company. And Venator, almost simultaneously, announced it had recruited Stern's top...

  Tags: consolidation, Federated Department Stores Inc., FINANCE, Foot Locker, Investment, merger, Stern

• Federated reports higher sales, earnings in 1996

  - 1997-03-04

  CINCINNATI--BUSINESS WIRE--March 4, 1997-- Operating Income Up 22%, Earnings Up 68%, Exclusive of Non-Recurring Costs Federated Department Stores,...

  Tags: Company, consolidation, earnings, Federated Department Stores Inc., FINANCE, income, integration, Macy, SALES

• Federated plans consolidation of operations in White Plains/Yonkers market

  - 1996-03-29

  CINCINNATI--BUSINESS WIRE--March 29, 1996--In a move aimed at concentrating its retail presence in and around New York's Westchester County, Federated Department Stores, Inc. today announced plans to convert its Stern's store in the Galleria Mall to Macy's, effective in mid-July. The conversion will be combined with the closing of...

  Tags: Benefits, consolidation, Federated Department Stores Inc., Macy, Retail, SALES

• Federated announces culmination of A&S consolidation with final Macy's/Stern's expansion

  - 1995-04-04

  CINCINNATI--BUSINESS WIRE--April 4, 1995--Federated Department Stores, Inc. announced today its plans to open a Macy's in the present A&S store location in Queens Center, and to convert the Macy's store at Rego Park to a Stern's.Effective April 30, both locations will take on their new store nameplates, a move that...

  Tags: Cincinnati, consolidation, Federated Department Stores Inc., Macy, MARKETING, nameplate, SALES, Stern

• Federated earnings strong in fourth quarter, year; Rich's/Goldsmith was the strongest performer in 1994. (Federated Department Stores Inc.)

  - 1995-03-01

  Federated Dept Stores had earnings gains of 14.1% in the fourth quarter of 1994, and 36.1% for the year, excluding the costs of acquisitions and consolidations. The chain lifted its operating profits by 23% for the year. Net earnings for the quarter were 107.3 million, including $58.9 million in consolidation...

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

• Lazarus, rich's Goldsmith's to be consolidated

  - 1995-01-20

  CINCINNATI--BUSINESS WIRE--Jan. 20, 1995--Federated Department Stores, Inc. announced today that effective March 1, it will consolidate the operations of its Cincinnati-based Lazarus department stores with Rich's/Goldsmith's in Atlanta. The consolidation will result in the creation of a new $2.2 billion division of Federated, which will operate 75 department stores...

  Tags: Cincinnati, consolidation, Federated Department Stores Inc.