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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 joined Federated Department Stores the next year.
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The May Department Stores Company was an American department store holding company, formerly headquartered in downtown St. Louis, Missouri. It was founded in Leadville, Colorado, by David May in 1877, moving to St. Louis in 1905.
With over 400 department stores in 33 states and a burgeoning direct-to-customer retail business, Federated Department Stores, Inc. is one of the largest retail store operators in the nation.
Already the largest department store company in the United States, Federated increased its size again by acquiring The May Department Stores in 2005 and gaining popular store brands such as Lord & Taylor (sold…. Read More.
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 .
The Federal Trade Commission has closed its investigation of the proposed acquisition by Federated Department Stores, Inc. (“Federated”) of The May Department Stores Company (“May”). This acquisition, valued at approximately $17 billion, combines two large chains of department stores.
A new public company - Federated Department Stores, Inc. - emerges in February with 220 department stores in 26 states and annual sales of approximately $7 billion. The former Allied Stores Corporation is merged into Federated.
The May Department Stores Company is the second-leading upscale department store chain operator in the United States, just behind Federated Department Stores. The St. Louis-based company operates 11 department store chains and David's Bridal, the largest retailer of wedding apparel and accessories in the United States.
