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The Famous-Barr Co. (originally Famous and Barr Co.) was a division of Macy's, Inc. (formerly Federated Department Stores). Headquartered in St. Louis, Missouri, in the Railway Exchange Building, it was the flagship store of The May Department Stores Company, which was acquired by Federated on August 30, 2005.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Simon Lazarus, founder of what was to become The F&R Lazarus & Co., which blossomed into Macy's, Inc. (formerly Federated Department Stores). Family patriarch Simon Lazarus (1808–1877) opened a one-room men's clothing store in downtown Columbus in 1851. By 1870, with improvements to the industry in the mass manufacture of men's uniforms for ...
In 1910, the business was officially incorporated as the May Department Stores Company. [3] In 1911, The Famous Clothing Store (owned by May) and the William Barr Dry Goods Company merged to create Famous-Barr. [3] In 1912, May acquired the M. O'Neil Co. (O'Neil's) department store of Akron, Ohio.
In 1909, the company moved to the current Lazarus Building, and moved from being predominantly a men's clothing store to a general department store. It was the first building in the city to feature an escalator, in 1909. The model was soon removed, but modern electric escalators were installed in 1947, another first for the city. [3]
In 1905, he moved the business headquarters to St. Louis. In 1910, the business was incorporated as "The May Department Stores Company" and began trading on the New York Stock Exchange in 1911. Also in 1911, he bought the William Bar Dry Goods Company in St. Louis and merged it with The Famous Clothing Store renaming the new entity, Famous-Barr.
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Federated Department Stores traces its corporate lineage to F&R Lazarus & Company, founded in Columbus, Ohio, in 1851.In the summer of 1929, months before the Wall Street Crash of 1929, Fred Lazarus Jr. met with Walter N. Rothschild from Abraham & Straus of Brooklyn and Edward Filene from Filene's of Boston on Rothschild's yacht in Long Island Sound.