Federated reports 9.7% November sales increase.CINCINNATI--(BUSINESS WIRE)--Nov. 29, 1994--At a special shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. for the purpose of approving its planned merger with R.H. Macy & Co., Inc., Federated Connected and treated as one. See federated database and federated directories. 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. said today that sales for the four weeks ended November 26, 1994 were up 9.7 percent over the November period last year. Revenues in the period totaled $768.7 million, compared to revenues of $701.0 million for the same month last year. On a comparable-store basis, November sales increased 6.2 percent. For the year to date, Federated reported sales of $5,945.2 million, an increase of 6.5 percent over sales of $5,582.9 million for the same 43-week period of 1993. On a comparable-store basis, 1994's year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. sales increased 3.1 percent over the prior year. Allen Questrom, chairman and chief executive officer of Federated, said the company's November sales provided a strong start for the holiday shopping season. "We are pleased with our November sales performance, and think it bodes well for the Christmas season overall," Questrom said. "The strength of November's sales seemed partially to reflect a pent up consumer demand for cold weather apparel and other seasonal merchandise, which consumers began looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. once cooler temperatures took hold. As a result, we've experienced a good start for the holiday shopping season, and expect to be on target with our expectations for the December period." 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 , Federated is one of the nation's leading department store retailers, with annual sales of more than $7.2 billion. Federated currently operates 236 stores in 26 states under the names of Abraham & Straus, Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Jordan Marsh Jordan Marsh was the name of a Boston, Massachusetts-based department store. Founded in 1841 and eventually part of Allied Stores and then Federated Department Stores; in 1996, the last of the Jordan Marsh stores were renamed Macy's. , Lazarus, Rich's and Stern's. CONTACT: Federated Department Stores, Inc., Cincinnati
Media - Carol Sanger, 513/579-7764
Investor - Susan Robinson, 513/579-7780
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