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Sep. 13--Federated Department Stores Inc. announced Monday that it will drop the local department store names next year and will operate chains coast to coast under just two brands, Macy's and Bloomingdale's.
Stores in the Dayton area and around the Midwest have been known as Lazarus-Macy's since May 2003.
Terry J. Lundgren, chairman, president and chief executive officer, called the name change "a bold and exciting step toward fulfilling our vision of Macy's as 'America's department store.' " Lundgren added: "By focusing all of our efforts on Macy's and Bloomingdale's, two of the world's best known and most formidable retail nameplates, we will be able to …