Federated Department Stores Inc.

News & Analysis

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

• Sachse to Lead Macy's Marketing and Online Business

  - 2007-05-30

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced that Peter Sachse, chairman and chief executive officer of macys.com, will assume an additional role as the company's chief marketing officer and president of Macy's Corporate Marketing, effective immediately. In this role, he replaces Anne MacDonald. Sachse was the...

  Tags: Branding, Federated Department Stores Inc., INTERNET, Macy, MARKETING, SALES

• Colorado Springs Retail Briefs: May 11, 2007

  - 2007-05-11

  Americans deem frontline sales staff the single biggest detriment to their shopping experience, resulting in more lost business and negative word of mouth than any other shopping problem. These were the findings of the Retail Customer Dissatisfaction Study, conducted for the second year by the Verde Group, a...

  Tags: Federated Department Stores Inc., INTERNET, Podcasts, Retail, SALES

• Federated to invest $100m online.(INTERNATIONAL NEWS)

  - 2007-04-20

  Federated Department Stores Inc. plans to spend $100m on its internet operations in an effort to boost its online sales to $1bn by next year. Federated's online businesses include macys.com, bloomingdales.com, macysweddingchannel.com and bloomingdalesweddingchannel.com. Its direct-to-customer business also includes Bloomingdale's by Mail,...

  Tags: Federated Department Stores Inc., INTERNET, SALES

• Federated Completes Sale of After Hours Formalwear

  - 2007-04-09

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced that it has completed the sale of its 507-store After Hours Formalwear business to Houston-based Men's Wearhouse. The sale price of approximately $100 million was adjusted for certain items, primarily customer cash deposits retained by Federated on rentals to be...

  Tags: Federated Department Stores Inc., FINANCE, INTERNET, Retail, SALES

• Federated Invests for Continued Growth in Direct-to-Consumer Businesses

  - 2007-04-04

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced an additional capital investment of approximately $100 million in 2007-2008 to support continued growth in its direct-to-consumer businesses, including macys.com, bloomingdales.com, Bloomingdale's By Mail, macysweddingchannel.com and bloomingdalesweddingchannel.com. The amount is incorporated in Federated's total capital spending plans, which include $1.2...

  Tags: Federated Department Stores Inc., INTERNET, SALES

• Federated to Proceed with After Hours Formalwear Sale

  - 2007-03-23

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today announced that the Federal Trade Commission has terminated its review of the proposed sale of Federated's 507-store After Hours Formalwear business to Houston-based Men's Wearhouse. The transaction is proceeding, and the company expects it will be completed on or before April...

  Tags: Federated Department Stores Inc., FINANCE, INTERNET, Retail, SALES

• Federated to build center and improve its Web sites

  - 2006-01-26

  Federated Department Stores Inc., owner of Macy's and Bloomingdale's, will invest $130 million to build a distribution center and improve its Web sites to boost Internet sales. The company will broaden content and strengthen customer service of the Macy's and Bloomingdale's Web sites by 2007. It will open...

  Tags: Federated Department Stores Inc., INTERNET, MARKETING, SALES, Web

• Federated to Invest for Growth in Direct-To-Consumer Businesses

  - 2006-01-25

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today announced it plans to invest approximately $130 million in capital over the next two years in infrastructure improvements and service enhancements to support continued growth of its direct-to-consumer businesses, including macys.com, bloomingdales.com, Bloomingdale's By Mail, macysweddingchannel.com and bloomingdalesweddingchannel.com. "Online sales represent...

  Tags: Federated Department Stores Inc., INTERNET, SALES

• New York couple claims kettle bought at Bloomingdale's caused lead poisoning.

  - 2004-11-02

  By Deborah Lynn Blumberg, Newsday, Melville, N.Y. Knight Ridder/Tribune Business News Nov. 2--Before enrolling their infant daughter in a Queens day care facility, Giovanni and Katarzyna Dinatale took their healthy 10-month-old to the doctor for a standard, pre-enrollment blood test. Days...

  Tags: Federated Department Stores Inc., INTERNET, MARKETING, Newsday

• Wells Fargo profit up 12 percent

  - 2004-07-21

  Wells Fargo & Co.'s second-quarter earnings rose more than 12 percent due to broad-based growth in revenue and improving credit quality. The nation's fifth-largest bank by assets Tuesday reported second-quarter net income of $1.71 billion, or $1 a share, up from $1.53 billion, or 90 cents a share, in the...

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