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Article: Changing Bullock's to Macy's no big deal. (Federated Department Stores Inc.'s plan to change all Bullock's outlets to Macy's)
- Article from:
- Los Angeles Business Journal
- Article date:
- October 23, 1995
- Author:
CopyrightCOPYRIGHT 1995 CBJ, L.P. 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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Experts expect no major change on retail scene
The drastically changing face of the Southland retailing landscape isn't likely to be further altered now that Federated Department Stores Inc. has announced it will change all of the Bullock's outlets to Macy's, sources say.
"This will be an enormous non-event for most people other than the nostalgia of losing an old friend (Bullock's)," said Richard Giss, partner in charge of retailing with the downtown L.A. office of Deloitte & Touche accounting firm.
Cincinnati-based Federated completed its acquisition of the 82-store Broadway Stores Inc. department store company Oct. 11. The next day Federated, which ...