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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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NAICS Code Department Stores (except Discount Department Stores): 452111
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federated department stores inc. and may department stores co. - All News and Analysis
MACY'S 'COAST-TO-COAST' BLITZ: NOW WITH OVER 800 DEPARTMENT STORES ACROSS THE U.S., MACY'S SEEN BOOSTING FEDERATED SALES TO $27 BILLION.(Federated Department Stores Inc., May Department Stores Co.)
Byline: JEAN E. PALMIERI NEW YORK - Calling it "the shot heard round the world," Terry Lundgren, chairman and CEO of Federated Department Stores, kicked off the company's largest and splashiest advertising and marketing campaign ever last week as it officially converted more...
FEDERATED 'ON TRACK' AS SALES SURGE; DESPITE DRAMATIC GROWTH, COSTS OF MAY CO. ACQUISITION PULL DEPARTMENT STORE RETAILER INTO RED IN FIRST QUARTER.(Federated Department Stores Inc., May Department Stores Co.)
Byline: VICKI M. YOUNG NEW YORK - Federated Department Stores Inc.'s bottom line for the first quarter of its "transition year" was heavily weighed down by the costs of merging with May Department Stores. The retailer last Wednesday posted a...
FEDERATED SEES BRIGHT SKIES IN 2008; THIS YEAR SEEN AS TRANSITIONAL TIME AS RETAILER ABSORBS MAY CO. STORES, SELLS OFF ASSETS INCLUDING BRIDAL GROUP.(Federated Department Stores Inc., May Department Stores Co.)
Byline: DAVID MOIN NEW YORK - Federated Department Stores is anticipating a return to its all-time high profits and better same-store sales-but not for about two years. The near term is challenging because of the complicated systemic task of...
Federated finishes buying May Stores
Federated Department Stores Inc. completed its $11 billion purchase of May Department Stores Co. Tuesday and said it will sell an additional seven stores in California, New York and Massachusetts next year, bringing the total to 75. Federated will close two stores in New York, one in Massachusetts...
Merger costs, weak sales hurt May's quarterly earnings
ST. LOUIS -- May Department Stores Co.'s earnings fell by nearly half in the second quarter, hurt by expenses from a pending merger with rival Federated Department Stores Inc. and disappointing same- store sales, the company said Tuesday. Quarterly income dropped to $52 million, or 16 cents per...
MEN'S WEARHOUSE EYEING MAY CO. BRIDAL GROUP.(Federated Department Stores Inc. may sell May Department Stores Co.'s business)
Byline: Jean E. Palmieri NEW YORK -- Federated Department Stores is expected to quickly sell the May Department Stores Co.'s Bridal Group once its acquisition of the St. Louis-based retailer is completed -- and one of the top prospects is rumored...
One big department store
CINCINNATI -- With the deal one step closer to completion, Federated Department Stores Inc.'s top executive says he's eager to see rival May Department Stores Co. absorbed into his company, bringing together such names as Macy's and Bloomingdale's with Lord & Taylor and Famous-Barr. "We believe that this...
Federated, May to have shareholders vote July 13
Federated Department Stores Inc. and May Department Stores Co. will hold meetings on July 13 to allow stockholders to vote on Federated's plan to buy May. The companies announced the date in a joint U.S. Securities and Exchange Commission filing Thursday. Federated will hold its meeting at at...
Some shoppers sad to see stores renamed
SEATTLE -- Standing outside the Bon Marche department store in downtown Seattle, Marguerite Norbut lamented the day that workers replaced the sign she'd walked past for years with a new but familiar name: Macy's. "I've seen it since I was a little girl!" said Norbut, 54, who grew...
Will Field's name survive? Analysts see new name retail icon once merger is completed.(Business)
Byline: Mike Comerford Daily Herald Business Writer Linked to Chicago's storied retail past, Marshall Field's may be a casualty of the planned merger of Federated Department Stores Inc. and May Department Stores Co. Legendary philanthropist and retailer Marshall Field was a major...
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