Federated Department Stores Inc., parent to high-end retailers Bloomingdale’s and Macy’s, is buying rival May Department Stores Co. for $11 billion in cash and stock, the companies announced Monday. Continue reading →
© 1996 - 2014 MacNeil / Lehrer Productions.All Rights Reserved.
Support the kind of journalism done by the NewsHour... Become a member of your local PBS station.