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First Federated pitch included Field's name
- Article from:
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Chicago Sun-Times
- Article date:
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March 18, 2005
- Author:
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Copyright informationCopyright 2005 Chicago Sun-Times. (Hide copyright information)
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Marshall Field's managers are still buzzing about their new
owner's initial pitch for taking over the storied Chicago department
store.
The pitch, reportedly made by Federated Department Stores before
it lost its first bid for Field's in June 2004, called for Field's
State Street flagship to remain Marshall Field's, and for the store
to become a showcase housing even more upscale boutiques and
designers than it does now.
Federated lost its first bid for the 62-store Field's chain to May
Department Stores Co. But now that Federated has acquired May
Department Stores, including Field's, will it stick with its original
plans?
A Federated spokeswoman responded via e-mail Thursday that the ...