Thursday, July 28, 2005

Famous to stay open?

Good news posted on the Slay site about the downton Famous. That is good news. I hope the new owners focus on making the downtown store profitable, and not by downsizing, but by making some bold new moves. I have no doubt that people would go, even in droves, but there would need to be some fundamental changes seperating itself from the other dept stores, even the other Macy's, while retaining of what it really is.

4 Comments:

Anonymous matty fred said...

In addition to the department store, something like Filene's Basement could work really well. Macy's bought Filene's too, so I assume they own the name as well.

You have to give people a reason to shop downtown (why go to Famous/Macy's downtown when you can go to the one closer and easier to park at in Crestwood or the Galleria?) The Filene's Basement stuff is all high-quality name brand stuff --- it's hip to shop there.

I don't think your garden-variety Dept. Store will work there unless you can come up with a special reason to shop there like this.

11:17 AM  
Blogger John J. Goddard said...

Steve, when are the next fights?

5:53 AM  
Blogger Steven Fitzpatrick Smith said...

Not sure, but I am shooting for early October. Still working out details.

6:55 PM  
Anonymous Cat Pick said...

May Co. didn't (and Federated doesn't) own Filene's Basement. May Co. did (and Federated now does) own Filene's, a different entity entirely.

I'm a May Co. corporate employee and it looks as if the actual stores will retain many more, if not all, of their employees. We at the corporate office aren't going to be so lucky, I'm afraid.

3:16 PM  

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