Macy's Isn't Magical to Everyone ; Its Takeover of May Stores Angers Loyalists
The Record, Bergen County, NJ › November 22, 2006
Linked as:
The Record, Bergen County, NJ › November 22, 2006
Linked as:
Summary
The bronze signs on the department store's exterior walls still read Marshall Field's, but to Rick Roche, the transformed 10-story Macy's on Chicago's State Street is an unwelcome invader.
"They're not going to get any of my business," huffed Roche, 52, a reference librarian from Downers Grove, Ill. He cut up a Macy's credit card after the retailer acquired Field's and other regional department stores as part of an $11 billion buyout of May Department Stores Co. in August 2005.See the full content of this document
Extract
Macy's Isn't Magical to Everyone ; Its Takeover of May Stores Angers Loyalists
In September, Federated Department Stores Inc. took its Macy's brand nationwide, when longtime retailers with regional appeal such as Filene's, Kaufmann's, R...
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