Federated Department Stores, Inc.
Type	Public (NYSE: FD)
Founded	Columbus, OH (1929)
Headquarters	Cincinnati, OH
Key people	Terry J. Lundgren, CEO & Chairman
Industry	Retail
Products	Clothing Jewelry Dinnerware Watches
Revenue	$22.390 billion USD (2005)
Employees	112,000 (2005)
Subsidiaries	Bloomingdale's Macy's After Hours Formalwear David's Bridal
Website	www.fds.com

Federated Department Stores, Inc. is a department store chain founded in 1929 as a holding company in Columbus, Ohio, specializing mostly in retailing clothing, jewelry, dinnerware and watches. The company is currently headquartered in Cincinnati, Ohio, and operates almost 1,000 stores in the United States, many under the Bloomingdale's and Macy's nameplates. Image File history File links Download high-resolution version (3000x749, 105 KB) This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... A public company is a company owned by the public rather than by relatively few individuals. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Skyline of downtown Columbus, Ohio, viewed across the Scioto River. ... 1929 (MCMXXIX) was a common year starting on Tuesday (link will take you to calendar). ... This article is about the city of Ohio. ... Terry J. Lundgren is the CEO, Chairman of the Board, President, and Director at Federated Department Stores, Inc. ... Drawing of a self-service store. ... It has been suggested that folding clothes be merged into this article or section. ... Jewelry (the American spelling; spelled jewellery in Commonwealth English) consists of ornamental devices worn by persons, typically made with gems and precious metals. ... Some dishware Dishware is a general term for objects—dishes—from which people eat or serve food, such as plates and bowls. ... This page is about timekeeping devices. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... In business, a subsidiary is a company controlled by another company or corporation. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ... After Hours Formalwear is a clothier business that specializes in the renting of formal wear for men, especially tuxedos and business suits. ... Davids Bridal is a clothier in the United States that specializes in wedding dresses. ... This page as shown in the AOL 9. ... The interior of a typical Macys department store. ... 1929 (MCMXXIX) was a common year starting on Tuesday (link will take you to calendar). ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Nickname: The Arch City The Discovery City Location in the state of Ohio, USA Coordinates: Country United States State Ohio Counties Franklin, Delaware, and Fairfield Mayor Michael B. Coleman (D) Area    - City 550. ... Drawing of a self-service store. ... Nickname: The Queen City Location in Hamilton County, Ohio, USA Coordinates: Country United States State Ohio County Hamilton Founded 1788 Incorporated 1819 Mayor Mark L. Mallory (D) Area    - City 206. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ...

History

Federated Department Stores was founded in 1929 in Columbus, Ohio, as a department store holding company for Abraham & Straus, F&R Lazarus & Company and William Filene's Sons. Bloomingdale Brothers joined the organization in 1930. In 1945 Federated moved its corporate offices to Cincinnati, Ohio. 1929 (MCMXXIX) was a common year starting on Tuesday (link will take you to calendar). ... Nickname: The Arch City The Discovery City Location in the state of Ohio, USA Coordinates: Country United States State Ohio Counties Franklin, Delaware, and Fairfield Mayor Michael B. Coleman (D) Area    - City 550. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Abraham & Straus (or A&S), now defunct, was a major New York City department store, based in Brooklyn New York. ... F&R Lazarus & Company (commonly known as Lazarus) was a regional department store retail chain primarily in the U.S. Midwest, based in Columbus, Ohio, which operated until March 6, 2005. ... The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Nickname: The Queen City Location in Hamilton County, Ohio, USA Coordinates: Country United States State Ohio County Hamilton Founded 1788 Incorporated 1819 Mayor Mark L. Mallory (D) Area    - City 206. ...

Federated company headquarters building in Cincinnati.

Over the next few decades, Federated expanded nationwide, adding Rike Kumler of Dayton, Ohio, Shillito's of Cincinnati (merged in the 1980s as Shillito-Rike's), Burdines of Miami, Florida, Rich's of Atlanta, Georgia, Foley's of Houston, Texas, Sanger Brothers of Dallas, Texas, A. Harris of Dallas, Texas (which was merged with Sanger Brothers to form Sanger-Harris), Boston Store of Milwaukee, Wisconsin, and Bullock's-I. Magnin organization. Image File history File links Download high resolution version (1218x921, 466 KB) Federated Department Stores headquarters building in Cincinnati. ... Image File history File links Download high resolution version (1218x921, 466 KB) Federated Department Stores headquarters building in Cincinnati. ... The Rike Kumler Co. ... Nickname: Gem City Coordinates: Country United States State Ohio County Montgomery Founded April 1, 1796 Incorporated 1805 Mayor Rhine L. McLin Area    - City 146. ... John Shillito & Co. ... Burdines was a leading department store chain in the state of Florida that was part of Federated Department Stores, Inc. ... Nickname: The Magic City Location in Miami-Dade County and the state of Florida. ... The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. ... Nickname: Hotlanta, The Big Peach, The ATL, A-Town Location in Fulton County in the state of Georgia Coordinates: Country United States State Georgia Counties Fulton, Dekalb Mayor Shirley Franklin (D) Area    - City 343. ... This article or section does not cite its references or sources. ... Nickname: Space City Location in the state of Texas Coordinates: Counties Harris County Fort Bend County Montgomery County Mayor Bill White Area    - City 1,558 km²  (601. ...      Nickname: Big D Location in the state of Texas Country United States State Texas Counties Dallas, Collin, Denton, Kaufman, and Rockwall Mayor Laura Miller Area    - City 997. ...      Nickname: Big D Location in the state of Texas Country United States State Texas Counties Dallas, Collin, Denton, Kaufman, and Rockwall Mayor Laura Miller Area    - City 997. ... The Boston Store is a major, mid-line department store in Milwaukee, Wisconsin, established in 1900. ... Nickname: Cream City, Mil Town, Brew City, The City of Festivals Location of Milwaukee in Milwaukee County, Wisconsin Coordinates: County Milwaukee Mayor Tom Barrett Area    - City 251. ...

Federated is the successor to the Lazarus operation begun in Columbus, Ohio, in 1851. Lazarus family members served in prominent positions within Federated through the 1980s. In the mid 1930s, a modern merchandising standard was set when Fred Lazarus (son of Simon) arranged garments in groups of a single size with a range of style, color and price in that size, rather than the other way around. Lazarus based this technique upon observations made in Paris. Fred Lazarus Jr. also convinced President Franklin D. Roosevelt that changing the Thanksgiving holiday from the last Thursday of November to the fourth Thursday, extending the Christmas shopping season, would be good for the nation's business. A 1941 Act of Congress perpetuated the arrangement. Fred Lazarus, Jr. ... FDR redirects here. ... Thanksgiving, or Thanksgiving Day, is an annual one-day holiday to give thanks, traditionally to God, for the things one has at the close of the harvest season. ...

To support its huge retail operations, Federated has centralized its back-office functions into several large divisions, covering financial services, marketing, merchandising, logistics, and data processing systems. Other retailers' branded credit cards are usually issued and serviced by a third-party bank; Federated is so huge that it runs its own private bank, FDS Bank, which in turn issues and services the proprietary credit cards offered at Federated stores.

The exterior of a Macy's department store in downtown Cincinnati.

In 1990, Federated went bankrupt after its hostile takeover by Robert Campeau's Allied Stores, and then taking over Macy's in 1994 while that company was still emerging from its own bankruptcy in 1992. Federated entered e-commerce late in 1998, and FDS Bank was one of the last credit card banks to allow its cardholders to access account information online (around 2004). The department store chain Stern's, a division of Federated, ceased operations in 2001, and most of its stores became Macy's stores. In 2003, Federated changed the nameplates of their non-Macy's stores, except Bloomingdale's, to include the Macy's name. For example, The Bon Marche, a Washington state-based store, became Bon-Macys; Goldsmith's, in Tennessee, became Goldsmith's-Macys; Lazarus, Burdines, and Rich's also added "-Macys" to their name. A year later, the original hyphenated names were dropped in favor of just Macy's. Image File history File links Download high resolution version (2250x1761, 1161 KB) Macys department store in Cincinnati at twilight. ... Image File history File links Download high resolution version (2250x1761, 1161 KB) Macys department store in Cincinnati at twilight. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ... This article is about the year. ... A takeover in business refers to one company (the acquirer, or bidder) purchasing another (the target). ... Robert Campeau is a Canadian financier and real estate developer born in Chelmsford, Ontario (near Sudbury) on August 3, 1923. ... Allied Stores was a department store chain in the United States. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... Electronic commerce, EC, e-commerce or ecommerce consists primarily of the distributing, buying, selling, marketing, and servicing of products or services over electronic systems such as the Internet and other computer networks. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Sterns was a department store serving the U.S. states of New York, Pennsylvania, and New Jersey. ... This article is about the year 2001. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ...

May Department Stores Acquisition

On July 18, 2005, Federated Department Stores announced that they would acquire May Department Stores company for $11 billion in cash and stock. Also part of the buyout was the bridal and formal unit of May, consisting of David's Bridal and After Hours Formalwear. Federated would also assume $6 billion of May's debt, bringing total consideration to $17 billion. The deal would create the nation's largest department store chain with over 1,000 stores and $30 billion in annual sales. To help finance the deal, Federated agreed to sell its combined proprietary credit card business (but still administrated by FACS Group, a subsidiary of Federated) to Citigroup. The merger was completed on August 30, 2005, after an assurance agreement was reached with the State Attorneys General of New York, California, Massachusetts, Maryland and Pennsylvania. July 18 is the 199th day (200th in leap years) of the year in the Gregorian Calendar, with 166 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Davids Bridal is a clothier in the United States that specializes in wedding dresses. ... After Hours Formalwear is a clothier business that specializes in the renting of formal wear for men, especially tuxedos and business suits. ... Citigroup Inc. ... August 30 is the 242nd day of the year in the Gregorian Calendar (243rd in leap years), with 123 days remaining. ... State nickname: Empire State Other U.S. States Capital Albany Largest city New York Governor George Pataki Official languages None Area 141,205 km² (27th)  - Land 122,409 km²  - Water 18,795 km² (13. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... Official language(s) English Capital Boston Largest city Boston Area  Ranked 44th  - Total 10,555 sq mi (27,360 km²)  - Width 183 miles (295 km)  - Length 113 miles (182 km)  - % water 13. ... This article does not cite its references or sources. ... Official language(s) None Capital Harrisburg Largest city Philadelphia Area  Ranked 33rd  - Total 46,055 sq mi (119,283 km²)  - Width 160 miles (255 km)  - Length 280 miles (455 km)  - % water 2. ...

Federated has announced plans to sell 80 store locations in 2006, having pledged in its settlement to sell most of them as viable businesses, with preference being given to a group of thirteen competitors. This number could fluctuate pursuant to Federated's negotiations with various mall landlords and its final decision regarding using former May locations for its luxury Bloomingdale's operation. Madeline's has announced that it will sell the May Company division Lord & Taylor brand to a conglomerate of investors. 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Lord & Taylor, based in New York, New York, is the oldest department store chain in the United States. ...

On September 9, 2006, May Company division stores Famous-Barr, Filene's, Foley's (the prior two are former Federated stores in their own right), Hecht's, The Jones Store, Kaufmann's, L.S. Ayres, Marshall Field's, Meier & Frank, Robinsons-May, and Strawbridge's brands ceased to exist as Federated replaced most of them with the Macy's masthead, and some with the Bloomingdale's brand. Famous-Barr, St. ... The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. ... This article or section does not cite its references or sources. ... Hechts, also known as Hecht Brothers, Hecht Bros. ... The Jones Store Company was a chain of department stores located in the Kansas City Metropolitan Area and operated by the St. ... Kaufmanns was a regional department store chain in the USA last owned by Federated Department Stores. ... L.S. Ayres & Company was a Indianapolis, Indiana department store founded in 1872 by Lyman S. Ayres and taken over by his son Frederic in 1896. ... Marshall Fields was an iconic Chicago, Illinois department store that grew to become a major chain before being acquired by Cincinnati-based Federated Department Stores on August 30, 2005. ... The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. ... Robinsons-May is the current name used by a chain of department stores operating in the Southern California, Arizona and Las Vegas, Nevada, previously with headquarters in North Hollywood, California. ... Strawbridges (formerly Strawbridge and Clothier) was a department store found in the northeastern United States with stores in Delaware, Pennsylvania and New Jersey. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ...

One of the consequences of this rebranding is that over 80 U.S. malls will have two Macy's department stores.^{[citation needed]} In Downtown Boston, Federated is liquidating an acquired Filene's because it already has a Macy's (formerly a Jordan Marsh) across the street. The two stores have a combined floorspace of more than 1.4 million square feet, more than two-thirds the size of Macy's flagship store in New York City. This article or section does not cite its references or sources. ... The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. ... This article or section does not cite its references or sources. ...

Store counts

A Bloomingdale's department store in Atlanta's Lenox Square, originally housing Davison's.

• Bloomingdale's - 36
• Macy's - 850
• Bridal Group:
  • After Hours Formalwear - 459
  • David's Bridal – 232
  • Priscilla of Boston - 10

Image File history File links Download high resolution version (1280x960, 305 KB) This file has been listed on Wikipedia:Images and media for deletion because the image was moved to Wikimedia Commons at commons:Image:Bloomingdales. ... Image File history File links Download high resolution version (1280x960, 305 KB) This file has been listed on Wikipedia:Images and media for deletion because the image was moved to Wikimedia Commons at commons:Image:Bloomingdales. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Nickname: Hotlanta, The Big Peach, The ATL, A-Town Location in Fulton County in the state of Georgia Coordinates: Country United States State Georgia Counties Fulton, Dekalb Mayor Shirley Franklin (D) Area    - City 343. ... Ariel view of Lenox Square with J.W. Marriot in background. ... This article or section contains information that has not been verified and thus might not be reliable. ... Bloomingdales is a chain of upscale American department stores owned by Federated Department Stores, which is also the parent company of Macys. ... Macys is a chain of American department stores with its flagship store in Herald Square, New York City, which has been billed as the worlds largest store since completion of the Seventh Avenue addition in 1924. ... After Hours Formalwear is a clothier business that specializes in the renting of formal wear for men, especially tuxedos and business suits. ... Davids Bridal is a clothier in the United States that specializes in wedding dresses. ...

See also

• F&R Lazarus & Company
• Department store
• May Department Stores
• Retailing

F&R Lazarus & Company (commonly known as Lazarus) was a regional department store retail chain primarily in the U.S. Midwest, based in Columbus, Ohio, which operated until March 6, 2005. ... The interior of a typical Macys department store. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Drawing of a self-service store. ...

External links

Official website

• Federated Department Stores
  • History of Federated Department Stores, Inc.

General information

• Yahoo! - Federated Department Stores, Inc. Company Profile

Historical information

• WOSU-TV Documentary: Many Happy Returns to Lazarus Documentary
• Interview with Charles Lazarus for the Columbus Jewish Historical Society
• Best of times: Staffers remember when work seemed like a family, Columbus Business First, December 21, 2001
• University of Cincinnati: Biography of Ralph Lazarus (1914 - 1988)
• Great Living Cincinnatians: Fred Lazarus, Jr.

Criticism

• FieldsFansChicago.org Marshall Field's fans blog
• Name change has hurt Macy’s, The Columbus Dispatch, June 6, 2006