Post Number: 98
|Posted on Tuesday, March 06, 2007 - 5:08 pm: || |
I saw on PBS a weeek ago on the Business news when they were interviewing the CEO of Macy's/Bloomingdales. Thing about it is, He plans to completely phase out the Bloomingdales name. I know it's off-topic, but I just wanted to et people know of this news. Not important to us directly, but just thinking that Macy's is the only High-End Department Store around now.
Post Number: 360
|Posted on Tuesday, March 06, 2007 - 5:11 pm: || |
I think you heard that wrong. The company name, currently Federated Department Stores, is going to become Macy's Group pending a shareholder vote. Bloomingdales will remain a brand within the company.
http://www.usatoday.com/money/ industries/retail/2007-02-27-m acys-usat_x.htm
Post Number: 164
|Posted on Tuesday, March 06, 2007 - 5:52 pm: || |
I remember shopping at Federals with my mom when I was a kid. Great Scott, Corvette's and Kresege's too.
Post Number: 4674
|Posted on Tuesday, March 06, 2007 - 6:01 pm: || |
Toss Arlan's and Shopper's Fair into that mix as well.
Post Number: 3770
|Posted on Tuesday, March 06, 2007 - 6:12 pm: || |
Umm Spacemonkey... Federals is not the same thing as Federated Department Stores. One went out of existence long ago, the other is the nations largest department store chain.
Post Number: 51
|Posted on Tuesday, March 06, 2007 - 6:41 pm: || |
Yeah, something is inaccurate there. I don't think you have any Bloomingdale's in Michigan do you?
In NY and everywhere else I've been, Bloomingdale's sells much higher end and more expensive merchandise than Macy's.
To make a Detroit analogy, Bloomingdale's taking on the Macy's logo and name would be like Cadillac taking the Pontiac name.
Macy's has really gone downhill the last decade or so and isn't usually compared to Bloomingdale's.
I can't imagine Bloomingdale's being converted to Macy's. The link won't work for me but, I think it's safe to say.
Post Number: 79
|Posted on Tuesday, March 06, 2007 - 8:03 pm: || |
No way are they going to get rid of the Bloomingdales brand. It's slipped a bit as a force but its still a dominant NY Brand.
Post Number: 80
|Posted on Tuesday, March 06, 2007 - 8:04 pm: || |
If he is thinking about it he's got to be fired.