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Hecht's, Macy's, Federated, The May Company
 
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Below are the 5 most recent journal entries recorded in Hechts, Macy's, May Company, Federated's LiveJournal:

Monday, November 28th, 2005
11:07 pm
[boocheridoo]
buyer/merchandiser
hi!!! I'm not sure if anyone here can help me, but I thought it was worth a try :-)

I'm interested in being a fashion buyer/merchandiser. I'm trying to get into a training program with a large store such as macy's/bloomingdales/lord&taylor etc.

Anyone have and suggestions on how I can at least get an interview???

Thanks! :-)


PS - i graduated in may with a BS in finance and a minor in information systems.
Friday, September 23rd, 2005
12:09 am
[nightporter]
And the world revolves around....you
I understand the importance of customer service but get really annoyed when people insist on spewing out the phrase, "the customer is always right" or such. My immediate reaction is to assume that they are trying to get away with something. We just got out of fall rush and are now officially in the return period. Most of the returns are due to students dropping a class and no longer needing the supplies. The line I most frequently hear is, "I didn't use it!" Okay, but why in the hell did you have to open the package? And furthermore, how will it get back INTO the package that you demolished? We've all seen that scrappy looking taped-up package on a sales floor and will most likely reach for the unopened one behind it. A guy tried to return some things today that were opened and my staff pointed to the enormous return sign posted that stated just this. He insisted on speaking to a manager so I got stuck with him. I got the threats that although he was a regular customer would take his business elsewhere, and the whole "customer is always right" blah-blah. I kills me that that is the point some people have reached. In a nutshell: If you don't do what I say- even though it's against a clearly posted policy and you will probably lose money because of me- I will not patronize your store. Hmmmm- what a novel idea.

Current Mood: discontent
Thursday, May 12th, 2005
11:12 pm
[princesssari]
Argh...
After working in a small, independantly-owned store, I'm ready for something different, maybe even Hecht's or Macy's, lol...

For details you should see my latest rant in retail_is_hell. Whether a big chain store, or a small, privately-owned store, retail still sucks!

Current Mood: angry
11:10 pm
[bggallag]
New Hecht's, Macy's, Filene's, Strawbridge's Journal
Hello everyone! This blog/message board is for anyone who is interested in the stores of Hecht's, Macy's, Filene's, Strawbridge's, Federated, Inc., or the May Company, or any of their stores. This is also for employees and ex-employees, and future employees of these companies, to vent, share stories, and wisdom. This is a newly formed group, so please spread the word! :)
Tuesday, May 10th, 2005
10:27 pm
[bggallag]
Hecht's
Hello! I started this message board to talk and vent about Hecht's and Macy's, or any of those chains, in relation to the Federated/May Company merger. For the first topic, here is some info in regards to that.

Hecht's/Strawbridge's

Merger Questions

1. Q: What does "Change In Control" (CIC) mean?
A: Change in control occurs when the merger of the two companies is completed. Today May is owned by many thousands of shareowners. After the change in control occurs, May will become part of Federated, which is owned by its shareowners.

2. Q: When will the CIC occur?
A: There are several significant steps that must occur before the merger can be concluded. Both May and Federated shareowners must approve the transaction and government regulatory approvals must be obtained. Nothing will change immediately. We continue to expect the transaction to close in the third quarter.

3. Q: Where can I get more information about the merger?
A: You can get more information about the merger at the Federated-May merger link on our Web site home page www.mayco.com.

4. Q: Where can I get more information about Federated?
A: You will find a great deal of information, including the Federated Annual Report and Fact Book, on Federated's Web site at www.fds.com.

5. Q: When will the dialogue about the transition begin with Federated?
A: General discussions about the transition have begun at the senior executive level. Much more work will need to be done to identify specific transition steps and timing. We will keep you informed as more information becomes available.

6. Q: What does "shareowner approval" mean?
A: Shareowners must vote to approve the merger transaction in order for it to move forward. Each company will hold meetings for shareowners to vote on the merger (voting can be in person or by proxy). It is anticipated the meetings will occur in July or August 2005. Prior to the meetings, materials and information will be sent to all shareowners for their review.

7. Q: What are the regulatory approvals that must be obtained before the CIC can occur?
A: The Federal Trade Commission (FTC) reviews the merger under federal anti-trust rules. States, through their attorneys general, may also decide to review the merger under their own anti-trust laws. The Securities and Exchange Commission (SEC) also reviews the proxy statements that will be sent to shareowners of both companies before the vote, as well as the registration of the common stock that Federated will issue to May shareowners. There is no set timetable for these regulatory approvals, but May and Federated continue to anticipate that the CIC will occur in the third quarter.
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