WWD.com/fashion-news/fashion-features/sluggish-sales-aside-federated-turns-profit-738645
fashion-features
fashion-features

Sluggish Sales Aside, Federated Turns Profit

NEW YORK — Federated Department Stores Inc. may have a new captain in Terry Lundgren, but the problem of its shrinking top line remains the same.Despite the absence of a revenue run-up, Federated was able to improve its earnings,...