Federated Department Stores Inc. said Thursday that it will explore the sale of Fingerhut's assets immediately and lay off 3,300 workers by April 5. Federated said that it had been more than a month ...
(Catalog Age)–Nearly three years to the day after it bought Fingerhut as a means of getting into e-commerce, Federated Department Stores announced on yesterday that it will close down the low-end ...
Federated Department Stores, Cincinnati, has closed its previously announced sale of $1.2 billion in Fingerhut receivables to CompuCredit Corp. Terms of the sale were not announced. The sale also ...
NEW YORK — A Fingerhut shareholder on Thursday filed a lawsuit for and against Federated Department Stores Inc. and its top management in an attempt to stop the retailer’s liquidation of its Fingerhut ...
CINCINNATI, Ohio (CBS.MW) - Federated Department Stores pulled the plug on selling Fingerhut to a Minneapolis group, citing "a combination of factors, including a difficult economic environment for ...
WASHINGTON — A lawsuit is slated to be filed this week against Federated Department Stores alleging that the retail giant has misled shareholders about how it’s handling the sale of its Fingerhut ...