May Department Stores Co.

News & Analysis

finance and may department stores co. - All News and Analysis

• 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.)

  - 2006-05-15

  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...

  Tags: acquisition, Federated Department Stores Inc., FINANCE, Investment, Lord & Taylor, Macy, May Department Stores Co., Retail, SALES

• Federated finishes buying May Stores

  - 2005-08-31

  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...

  Tags: Federated Department Stores Inc., FINANCE, Macy, May Department Stores Co., Retail, SALES

• Merger costs, weak sales hurt May's quarterly earnings

  - 2005-08-10

  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...

  Tags: earnings, Federated Department Stores Inc., FINANCE, Investment, Lord & Taylor, May Department Stores Co., merger, SALES

• MEN'S WEARHOUSE EYEING MAY CO. BRIDAL GROUP.(Federated Department Stores Inc. may sell May Department Stores Co.'s business)

  - 2005-08-08

  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...

  Tags: Federated Department Stores Inc., FINANCE, Investment, May Department Stores Co., Retail, SALES

• MAY CO.'S KAHN PARACHUTES OFF WITH $6.1 MILLION.(May Department Stores Co.)(Eugene Kahn)(Brief Article)

  - 2005-07-25

  Byline: Arthur Zaczkiewicz NEW YORK -- Eugene Kahn's golden parachute is worth at least $6.1 million and is laced with fringe benefits. The former chairman and chief executive officer of May Department Stores Co. entered into a separation...

  Tags: Benefits, FINANCE, Insurance, May Department Stores Co., Retail

• One big department store

  - 2005-07-14

  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...

  Tags: Federated Department Stores Inc., FINANCE, May Department Stores Co.

• Federated, May to have shareholders vote July 13

  - 2005-05-27

  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...

  Tags: Federated Department Stores Inc., FINANCE, May Department Stores Co., shareholder

• Will Field's name survive? Analysts see new name retail icon once merger is completed.(Business)

  - 2005-03-01

  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...

  Tags: Chicago, Federated Department Stores Inc., FINANCE, Investment, May Department Stores Co., merger, Retail, Target Corp.

• May, Federated weighing merger

  - 2005-02-26

  ST. LOUIS -- Federated Department Stores Inc.'s possible $10 billion buyout of rival May Department Stores Co. has reached a critical point, with boards of both retailers to meet separately into the weekend to perhaps finalize the deal, the Wall Street Journal reported in Friday's editions. Citing unidentified...

  Tags: Federated Department Stores Inc., FINANCE, Investment, May Department Stores Co., merger, Retail

• MERGER TALK RESUMES AS KAHN EXITS; MAY CO. CHIEF'S DEPARTURE SPURS DISCUSSION OF NEW LEADERSHIP AND POSSIBLE FEDERATED TAKEOVER.(May Department Stores Co)(Kahn, Gene)

  - 2005-01-24

  Byline: Jean Palmieri, David Moin, Arthur Zaczkiewicz NEW YORK -- Federated's not talking, but the Federal Trade Commission might be looking at a potential merger between the country's two largest department store operators. The news was all over the airwaves...

  Tags: CEO, FINANCE, Investment, Marshall, May Department Stores Co., merger