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Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores.Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.
Bloomingdale's Inc. is an American luxury department store chain founded in 1861 by Joseph Bloomingdale and Lyman Bloomingdale.It was acquired by Federated Department Stores in 1930, which purchased the Macy’s department store chain in 1994, when they became sister brands.
It is also expanding its Bluemercury and Bloomingdale’s stores. Macy's earned $28 million, or 10 cents per share, for the three-month period ended Nov. 2. That compares with $41 million, or 15 ...
Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers.
The investors claim that Macy’s real estate, including its flagship store at Herald Square in New York City, is worth up to $9 billion on the open market, nearly double Macy’s closing market ...
An early Macy's building, dating from 1894, at 56 West 14th Street, designated a NYC landmark in 2012. Macy's was founded by Rowland Hussey Macy, who between 1843 and 1855 opened four retail dry goods stores, including the original Macy's store in downtown Haverhill, Massachusetts, established in 1851 to serve the mill industry employees of the area.
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
By September 2006, the Robinsons-May Women and Children's store closed due to the chain being acquired by Macy's & Bloomingdale's in which the Robinsons-May Men's & Home store remained opened but became the Macy's Men's and Home store. In March 2007, JCPenney opened in the vacant Robinsons-May Women's & Children's store. [citation needed]