Federated/May-Robinson's merger

[33girl]

I think L & T is supposed to be a slight step above the other May Co stores, although they haven't been as successful as they'd like in putting that message across IMO. The L & T here flopped because there was a 12 floor Kaufmann's across the street and too much merchandise overlap. If it had been competing against a regular mall Kaufmann's it probably would have made it.

Of course Fed will probably get rid of it because it's a competitor to Bloomingdale's.