NPR logo

Federated Buys Department Store Rival May

  • Download
  • <iframe src="https://www.npr.org/player/embed/4516899/4516900" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Federated Buys Department Store Rival May

Business

Federated Buys Department Store Rival May

Federated Buys Department Store Rival May

  • Download
  • <iframe src="https://www.npr.org/player/embed/4516899/4516900" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The merger of Federated and May will bring together well-known department stores such as Macy's, Bloomingdale's, Lord & Taylor and Marshall Field's under one corporate roof. But the new company faces formidable obstacles, ranging from the power of Wal-Mart to the waning influence of department stores in general.