![]() This revered name in retail had been founded in 1872 by Lyman and Joseph Bloomingdale on New York ’s east side. It would grow to become the group ’s sales and profits leader by the mid-twentieth century.īloomingdale ’s joined the Federated group in 1930, a year after Federated was organized. The other founding member of Federated, Abraham & Straus (A&S), was founded in 1865 in Brooklyn, New York. Within a year under the management of the Lazarus family, Shillito ’s sales grew by over 50 percent, and within a decade, the store had regained the top spot in its urban market. ![]() While Shillito ’s was the oldest store west of the Allegheny Mountains, it ranked only fourth among Cincinnati stores by the time it was purchased by Lazarus. Shillito ’s, a Cincinnati-based store acquired by F&R Lazarus in 1928, was founded in 1830. The elder Lazarus, a Jewish refugee of religious persecution in Germany, founded the men ’s clothing store in 1851. F&R Lazarus was created by Fred ’s grandfather, Simon. The Federated group was formed and led by Fred Lazarus, Jr., whose namesake company was the dominant retail store in Columbus. was organized in Columbus, Ohio, in 1929 as a holding company for founding members F&R Lazarus & Company, its subsidiary Shillito ’s, and Abraham & Straus department stores. emerged from bankruptcy in February 1992.įederated Department Stores, Inc. The reorganized Federated Department Stores, Inc. The heavily leveraged merger caused the new group to file for Chapter 11 bankruptcy in 1990. and Allied Stores Corporation were acquired and merged by the Campeau Corporation. The current combination of stores was formed in the late 1980s, when Federated Department Stores, Inc. Retail divisions in the group include: Abraham & Straus/Jordan Marsh, Bloomingdale ’s, The Bon Marche, Burdines, Lazarus, Rich ’s/Goldsmith ’s, and Stern ’s. is one of America ’s largest operators of premier retail chains, with over 220 department stores in 26 states.
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