Good-bye Famous-Barr, Filene’s, Foley’s, Hecht’s, Kaufmann’s, Meier & Frank, Robinsons-May and Strawbridge’s.
Hello Macy’s.
(May Company stores Lord & Taylor and Marshall Field’s are expected to keep their name.)
Retailing Giant Takes Shape as Federated Agrees to Buy May.
Thousands of layoffs are also expected, although other merchants, including Kohl’s, J.C. Penney and Nordstrom, are reportedly already lining up to take over some of the locations that Federated may jettison.