BNET Industries
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Dow Jones Description
Name changed to Macy's Inc. on 6/1/07. Currently doing business as Macy's Inc.
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Peer Companies
NAICS Code Department Stores (except Discount Department Stores): 452111
News & Analysis
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federated department stores inc. and hardware - All News and Analysis
Federated to Exchange Stores with Belk
CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced it has signed an agreement with Belk, Inc. to exchange its Macy's store in Wilmington, NC, for a Parisian store in Collierville, TN. The Macy's, a former Hecht's location, is located in the Mayfaire Town Center in Wilmington. With...
Federated to cut 290 jobs as it combines data centers
Federated Department Stores Inc., the second-biggest U.S. department store company, will cut about 290 positions as the retailer consolidates data center operations in St. Louis and Lorain, Ohio. Federated will close its St. Louis operations in a six-month phase-out beginning in January, the Cincinnati-based retailer said Wednesday in...
Federated to Consolidate Data Centers; Lorain, OH, Facility to Remain as Programming Center for Federated's Systems
CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD) (NYSE Arca:FD) today announced it will consolidate data center operations in St. Louis, MO, and Lorain, OH, as the company reduces duplication and excess capacity in its information technology organization. The St. Louis and Lorain data centers were acquired by...
Retail Executives Hope Changing Stores' Names to Lazarus-Macy's Will Pay Off.
By Teresa F. Lindeman, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Jul. 30--Long ago -- 145 years by company estimates -- a man named Rowland Hussey Macy opened a store in New York City. Seven years earlier, Simon Lazarus, a rabbi who...
What's in a name? At The Bon stores, it's 'Macy's'
Byline: RETAIL NOTEBOOK By Edward Russo The Register-Guard First shopping carts, now a new name for a venerable Northwest retailer. What will the folks at Federated Department Stores Inc. think of next? The New York-based conglomerate last week announced that it's renaming The Bon Marche...
Federated Completes Sale of Fingerhut Assets to Petters, Deikel Group
Business Editors CINCINNATI--BUSINESS WIRE--July 24, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) announced today that it has closed the transaction for the sale of various Fingerhut assets to FAC Acquisitions, LLC, in which Thomas J. Petters and Theodore Deikel are principals. Terms of the transaction are not being disclosed....
Federated Reaches Definitive Agreement With Petters, Deikel for Purchase of Various Fingerhut Assets
Business Editors CINCINNATI--BUSINESS WIRE--June 11, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) announced today that it has reached a definitive agreement with FAC Acquisitions, LLC, in which Thomas J. Petters and Theodore Deikel are principals, for the purchase of certain Fingerhut assets. The agreement is subject to customary closing...
Federated Signs Letter of Intent With Petters, Deikel for Purchase of Various Fingerhut Assets
Business Editors CINCINNATI--BUSINESS WIRE--May 22, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) announced today that it has signed a non-binding letter of intent with Thomas J. Petters and Theodore Deikel for the purchase of certain Fingerhut assets, subject to the negotiation of a definitive purchase agreement. Assets included...
Netplex Systems Selected to Develop Baby Gift Registry for Macy's
Business Editors RESTON, Va.--BUSINESS WIRE--July 19, 2001 Netplex Systems, Inc. a wholly owned subsidiary of The Netplex Group, Inc. (OTC-BB:NTPL) announced that it has been selected by Macy's East, Inc., a division of Federated Department Stores (NYSE:FD), to provide a Baby Gift Registry prototype for its new store...
FEDERATED TO SIGNIFICANTLY DOWNSIZE FINGERHUT OPERATION.
CINCINNATI -- After months of trying to reduce losses at its ailing Fingerhut division, Federated Department Stores Inc. said Friday it will cut 550 jobs in a move that is expected to save the company $40 million a year. The layoffs represent...
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