© 2026 WRVO Public Media
NPR News for Central New York
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Retailer Federated to Buy Rival May for $11 Billion

NPR | By Scott Horsley
Published February 28, 2005 at 12:00 AM EST

Federated Department Stores plans to acquire May Department Stores for more than $11 billion in cash and stock. Federated owns Macy's and Bloomingdale's among other retail chains. May operates Lord & Taylor, Marshall Field's and others. The combined company will have about 1,000 stores and nearly $30 billion in annual sales.

Copyright 2005 NPR
Tags
NPRNPR Top Stories
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
See stories by Scott Horsley
Recent Stories
WRVO is at a critical moment.
Recent cuts to federal funding are challenging our mission to serve central and upstate New York with trusted journalism, vital local coverage, and the diverse programming that informs and connects our communities. This is the moment to join our community of supporters and help keep journalists on the ground, asking hard questions that matter to our region.

Stand with public media and make your gift today—not just for yourself, but for all who depend on WRVO as a trusted resource and civic cornerstone in central and upstate New York.
Support WRVO now