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Federated, Talbots seeking growth amid shrinking sales (from Corporate Dealmaker)

Gap Inc., Saks Inc., acquisition target Children's Place Retail Stores Inc. and a rash of other clothing retailers will announce earnings the week of May 19, and with consumers tightening budgets, expectations are low. Already Talbots Inc. reported a 10% decline in comparable store sales in the first quarter, and Federated...

Posted on May 16, 2008 10:01 AM

Changing times (from Corporate Dealmaker)

Department stores no longer seem to work as local businesses. Federated's Terry Lundgren has bet $16 billion he can make them work nationally.

Posted on December 15, 2005 5:21 PM