Macy’s Home delays area rug consolidation
May 14, 2004,
NEW YORK — Federated Department Store’s newly formed Macy’s Home Store, based here, has decided to wait an extra eight months to restructure its area rug division.
The area rug division is the only home store segment that has been delayed for consolidation, said Ronnie Taffet, vice president, public relations, Federated Corporate Marketing. The company is already consolidating the divisions of its other product category offerings.