Discuss Detroit Archives - Beginning January 2007 Macy Will Be The Name of Department Stores Previous Next
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Urbanize
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Username: Urbanize

Post Number: 98
Registered: 02-2007
Posted on Tuesday, March 06, 2007 - 5:08 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

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.
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Scottr
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Username: Scottr

Post Number: 360
Registered: 07-2006
Posted on Tuesday, March 06, 2007 - 5:11 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

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
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Spacemonkey
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Username: Spacemonkey

Post Number: 164
Registered: 03-2006
Posted on Tuesday, March 06, 2007 - 5:52 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

I remember shopping at Federals with my mom when I was a kid. Great Scott, Corvette's and Kresege's too.
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Smogboy
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Username: Smogboy

Post Number: 4674
Registered: 11-2004
Posted on Tuesday, March 06, 2007 - 6:01 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Toss Arlan's and Shopper's Fair into that mix as well.
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Gistok
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Username: Gistok

Post Number: 3770
Registered: 08-2004
Posted on Tuesday, March 06, 2007 - 6:12 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

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.
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Queensfinest
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Username: Queensfinest

Post Number: 51
Registered: 08-2006
Posted on Tuesday, March 06, 2007 - 6:41 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

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.
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Nyburgher
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Username: Nyburgher

Post Number: 79
Registered: 10-2006
Posted on Tuesday, March 06, 2007 - 8:03 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

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.
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Nyburgher
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Username: Nyburgher

Post Number: 80
Registered: 10-2006
Posted on Tuesday, March 06, 2007 - 8:04 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

If he is thinking about it he's got to be fired.

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