MACY'S ANNOUNCES MERGER WITH MAY STORES
Terry Lundgren, president, chair and CEO of Federated Department Stores which owns Macy's, listens as a reporter asks him a question during a press conference where he announces that Federated and Mays Department Store has entered into a merger agreement February 28, 2005 in New York City. The deal, which was approved yesterday, will establish Federated as a $30 billion national retailer operating more than 950 stores. (UPI Photos/Monika Graff)
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NEW YORK, July 18 (UPI) -- U.S. private-equity firm Kohlberg Kravis & Roberts Co. is readying a $24 billion bid for Macy's Inc., a published report said Wednesday.
CINCINNATI, April 4 (UPI) -- U.S. department-store company Federated Department Stores Inc. said Wednesday it would spend $100 million on Web site and other direct-to-consumer marketing.
CINCINNATI, March 28 (UPI) -- Federated Department Stores Inc. plans to use the single letter "M" as its symbol when it begins trading as Macy's Inc. on the New York Stock Exchange.
CINCINNATI, Feb. 27 (UPI) -- Federated Department Stores Inc. said Tuesday it planned to change its name to Macy's Group Inc. as it transforms the Macy's chain into a national U.S. brand.
NEW YORK, Aug. 26 (UPI) -- Federated Department Stores has been on a mission to keep U.S. shoppers loyal to their local stores -- even when that store's name is changed to Macy's.
CHICAGO, July 14 (UPI) -- Macy's announced it will employ Eli's Cheesecake Co., of Chicago to make Frango mint cheesecakes to help ease the pain of losing the Marshal Field's name.
