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Article: BRIEFINGS: FEDERATED DEPARTMENT STORES INC...EVERLAST WORLDWIDE INC...
- Article from:
- Daily News Record
- Article date:
- May 8, 2006
CopyrightCOPYRIGHT 2006 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Federated Department Stores Inc. signed an agreement to sell 11 department store locations to the Macerich Co. and nine to Simon Property Groups in malls owned by the two real-estate companies. The stores are among the 80 duplicate locations nationwide that Federated previously announced it would divest as a result of its acquisition of the May Department Stores Co. Terms of the deals were not disclosed, but proceeds from the transactions will be included in the $400 million to $500 million of after-tax proceeds associated with the acquisition.
Everlast Worldwide Inc. signed a license in the Philippines for the manufacture and distribution of Everlast branded ...
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Article: DEPARTMENT STORES VIE FOR ONLINE SALES.
Footwear News;
April 17, 2006 ;
700+ words
... ... smaller as a lot of department stores are closing," said ... Right now, [department stores] are taking advantage ... even brighter with department stores ramping up investment ... sales manager at Ben Sherman, also said increased ...
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