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Federated Stores Buying Rival May

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Federated Stores Buying Rival May

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Federated Stores Buying Rival May

Federated Stores Buying Rival May

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  • <iframe src="https://www.npr.org/player/embed/4516414/4516415" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federated Department Stores, which includes Macy's and Bloomingdale's, will buy rival May Department Stores. May stores include Lord and Taylor, Filene's and Marshall Fields. The news follows the merger three months ago of Sears and K-Mart.

Guest:

Nancy Koehn, professor at Harvard Business School; studies the retail industry