Federated Named as Top Retailer for Executive Women.Business Editors CINCINNATI--(BUSINESS WIRE)--Jan. 28, 2003 Federated Connected and treated as one. See federated database and federated directories. Department Stores, Inc. (NYSE NYSE See: New York Stock Exchange :FD)(PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :FD) today announced that the company has been named by the National Association for Female Executives Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (NAFE NAFE National Association for Female Executives NAFE National Association of Forensic Economics NAFE National Academy of Forensic Engineers NAFE Non-Advanced Further Education (UK) ) as one of "The Top 30 Companies for Executive Women." Federated ranked eleventh of the hundreds of companies evaluated, moving up from #23 last year and besting all other retailers on the list that was released today by NAFE. Federated and Procter & Gamble (ranked thirtieth) were the only Ohio-based companies to make the list. A complete list is available at www.nafe.com. According to NAFE the competition was toughened this year by counting the number of women in line positions - the operating jobs with profit-and-loss (P & L) responsibility. At Federated, more than 60 percent of management positions are filled by women - and in senior management ranks, more than 50 percent, many in P & L roles. "We want women to know that when they join Federated, they will be getting the very best opportunity for success, from the time they enter the company until the time they are senior executives," said Ann Lazarus, Federated operating vice president for diversity and vendor development. The NAFE "Top 30" companies must demonstrate at least two women on the board, a steadily increasing number of women in senior management, programs that groom women for upper management, maternity/paternity leave and flextime flextime, system of assigning hours for work that permits employees to choose, within specified limits, the hours that they will be at their place of employment. In many companies, there is a "core time" when all employees must be present each workday. . 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 460 stores in 34 states, Guam and Puerto Rico, under the names of Macy's, Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus and Rich's-Macy's, as well as macys.com and Bloomingdale's By Mail. NAFE, founded in 1977, is the largest women's professional and business association in the country, and publishes Executive Female. NAFE is part of Working Mother media, which also operates Working Mother magazine. More information on Federated and its operating divisions is available on the Internet at www.federated-fds.com. |
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