Macy's Isn't Magical to Everyone ; Its Takeover of May Stores Angers Loyalists

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...

See the full content of this document


ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2013, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company