Federated Department Stores Promotes Head of Burdines Chain.

Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News)

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COPYRIGHT 2001 The Miami Herald

Byline: Gregg Fields

Feb. 28--Susan Kronick, who has headed the Burdines department store chain for nearly four years, is being elevated to a higher position at its corporate parent, Federated Department Stores.

Kronick, who is 49, is stepping into a newly created position: group president for Federated.

Replacing Kronick as Burdines chairman is Timothy Adams, who is moving to South Florida from Seattle, where he has been president of Federated's The Bon Marche division.

The moves come as the Cincinnati-based retail giant reported an annual loss for fiscal 2000, which ended Feb. 3, largely due...

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