Field's to Become Macy's?

By Rachelle Bowden in News on Feb 28, 2005 7:06PM

In January, Chicagoist posted that Federated Department Stores was thinking about buying May Department Stores and thanks to a tip last night (thanks, Jasmine!) we found out it's a done deal.

Today it was announced that after a month of negotiations, Federated and May have agreed on a merger worth almost $11 billion. The deal will combine chains owned by Federated (Bloomingdales, Macy's) with chains owned by May (Lord & Taylor's, Marshall Field's).

This is all fine and dandy with Chicagoist, but the only thing we're worried about is that Federated may change the name of Marshall Field's to Macy's. After other acquisitions Federated changed the name of it's newly acquired regional chains to either Macy's or Bloomingdales and since we already have a Bloomingdale's, but no Macy's, people are saying that the name could be changed to Macy's. Macy's on State Street. Does it have a ring to it?

Don't get too worried, though. Others are saying that since there's a strong connection to Field's with customers in Chicago that it would just be stupid to change the name.

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