 |
2000 |
|
| A new private brand of apparel and accessories for children, called Greendog, debuts at stores across the country. |
|
|
|
2001 |
|
| In February, Federated announces that its Stern's division will be closed, with most locations being converted to the Bloomingdale's or Macy's nameplates. In July, Federated acquires Liberty House, Hawaii's largest retailer and only conventional department store group. It becomes part of Macy's West. |
|
|
|
2002 |
|
| Federated disposes of Fingerhut. Terry J. Lundgren becomes chief operating officer in addition to president and chief merchandising officer. |
|
|
|
2003 |
|
| Federated integrates the Macy's nameplates with its regional department stores - creating Bon-Macy's, Burdines-Macy's, Goldsmith's-Macy's, Lazarus-Macy's and Rich's-Macy's. Macy's Corporate Marketing developed. Bloomingdale's enters the Atlanta market for the first time with two stores. Terry J. Lundgren becomes president and chief executive officer. James M. Zimmerman remains chairman of the board. Federated board initiates quarterly dividends. |
|
|
|
2004 |
|
| Terry J. Lundgren becomes chairman, president and CEO as James M. Zimmerman retires as chairman of the company. Macy's Home Store division is formed. May Company acquires Marshall Field's. |
|
|
|
2005 |
|
| Federated begins operating nationwide under two
store nameplates - Macy's and Bloomingdale's - as
all regional department store names are converted
to the Macy's brand.
Macy's launches a new customer loyalty program,
with escalating benefits for its largest customers, as it
issues new credit cards on about 14 million accounts.
Federated acquires The May Department Stores
Company. The acquisition creates a stronger, more
resourceful company with more stores nationwide.
|
|
|
2006 |
|
| More than 400 former May Company stores convert to Macy's, creating a nationwide store focused on delivering fashion and affordable luxury to customers from coast to coast.
Macy's launches its first-ever national advertising
campaign.
Federated divests Lord & Taylor, David's Bridal and
Priscilla of Boston, which were acquired as part of The
May Department Stores Company.
|
|
|
|
2007 |
|
| Federated sells its 507-store After Hours Formalwear
business to Houston-based Men's Wearhouse. Shareholders vote to change the corporate
name from Federated Department Stores, Inc.
to Macy's, Inc.
|
|
|
|
|
|
|
|