Federated March comp sales increase 6.1%.CINCINNATI--(BUSINESS WIRE)--April 11, 1996--Federated Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. today reported total sales of $1,278.0 million for the five weeks ended April 6, 1996, an increase of 11.8 percent over total sales of $1,142.8 million for the same March period last year. On a comparable-store basis, Federated's March sales increased 6.1 percent. For the first two months of Fiscal 1996, Federated Connected and treated as one. See federated database and federated directories. reported total sales of $2,311.1 million, an increase of 12.5 percent over sales of $2,054.4 million in the same nine-week period last year. On a comparable-store basis, sales for the February/March period increased 7.4 percent. Allen Al·len , Edgar 1892-1943. American anatomist who is noted for his studies of hormones and for the discovery (1923) of estrogen. Questrom, chairman and chief executive officer of Federated, said the company's March results might have been stronger were it not for unseasonably cold weather that impacted much of the country during the period. He noted, however, that because of an earlier Easter this year, it will be necessary to look at sales for March and April combined in order to get a true sense of retail performance for the early spring. Federated, with corporate offices in Cincinnati and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , is one of the nation's leading department store retailers, with annual sales of more than $15 billion. Federated currently operates more than 400 department stores and 150 specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" in 36 states. Federated's department stores now operate under the names of Bloomingdale's, The Bon Marche Marche, region, Italy Marche (mär`kā) or the Marches, region (1991 pop. 1,429,205), 3,742 sq mi (9,692 sq km), E central Italy, extending from the eastern slopes of the Apennines to the Adriatic Sea. , Broadway, Bullock's, Burdines, Emporium, Goldsmith's, Lazarus, Macy's, Rich's, Stern's and Weinstock's. -0- NOTE: Information on Federated and its operating divisions is available on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at http://www.federated-fds.com. Copies of past press releases and corporate background data also are available by calling Fax-On-Demand at 1-800-853-9150. EDITORS NOTE: There is a double slash following "http:" wherever it appears in the news release. This symbol may not appear properly in some systems. CONTACT: Federated Dept. Stores Inc., Cincinnati Media - Carol Sanger, 513/579-7764 Investor - Susan Robinson, 513/579-7780 |
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