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.
Contact Information
Peer Companies
NAICS Code Department Stores (except Discount Department Stores): 452111
News & Analysis
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federated department stores inc. and philadelphia - All News and Analysis
What's Frango? Macy's isn't saying
Imagine you are a beloved celebrity in your home state in the heartland. Someone takes you hundreds of miles away, drops you off at a crowded party where almost no one has heard of you and leaves you, perched prettily on a table, with barely an introduction. Such is the...
Business news in brief
IN THE REGION Frankford Candy consolidates Phila. facilities Frankford Candy Co. said it had completed the consolidation of its three Philadelphia facilities into a $20 million, 500,000-square-foot building in the Northeast. The privately held company employs 200 and is among the top 10 suppliers of seasonal candy in...
Looking to spin
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...
Strawbridge's countdown: Many sales, few regrets
At the beginning of the end, let it be said that Strawbridge's department stores enjoyed a surfeit of sympathy and nostalgic good will. But of regrets? Not many. "Macy's is better," Elizabeth Matthews, 52, of Philadelphia's Port Richmond neighborhood, said after shopping at both stores in the Cherry...
Bigger Rivals Put Pressure on Regional Department Store Chain.(Originated from The Philadelphia Inquirer)
Mar. 31--"Strawbridge is part of Philadelphia. Everyone loves it. Why do they have to sell out?" This, in one form or another, is what legions of Philadelphia shoppers- and thousands of Strawbridge & Clothier employees -- have been asking since Thursday, when executives of the local...
Philadelphia's Strawbridge & Clothier Explores Investment, Buyout Options.(Originated from The Philadelphia Inquirer)
say cousins Francis and Peter Strawbridge, chairman and president of the Philadelphia department store company. Monday, Strawbridge & Clothier announced that it had hired an investment advisor "to explore strategic alternatives...including possible merger, acquisitions and sales." In an interview Monday, the cousins stressed repeatedly that...
Brickstone Realty Holds Fate of Store in Philadelphia's Center City.(Originated from The Philadelphia Inquirer)
Aug. 2--Whether Philadelphia continues to have a department store -- any department store -- in the Center City Wanamaker Building depends on two men and their company. The men? John J. Connors and John Kusmierski. Their company? Brickstone Realty Corp., which, in partnership with a Boston...
Dividing Philadelphia's Wanamaker Stores Plays Out Like a Chess Game.(Originated from Philadelphia Daily News)
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. ...
Federated will buy at least 11 Woodies. (Federated Department Stores; Woodward & Lothrop)
Federated Department Stores Inc has agreed to buy much of Woodward and Lothrop Inc (W&L), which is currently under Chpt 11 bankruptcy protection. Sources indicate that Federated will buy at least 11 Washington, DC/Baltimore, MD-area W&L stores for at least $375 million. Under certain conditions, Federated will also acquire W&L's...
Ron Rubin, Philadelphia Developer, Among Bidders for Woodward & Lothrop.(Originated from Philadelphia Daily News)
Jun. 23--Ron Rubin is the man in Philadelphia at this moment. The Rubin Organization, the Center City developer, emerged as one of four players in the group seeking to buy the bankrupt Woodward & Lothrop Inc., which owns John Wanamaker. The other players are Federated Department...
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