Foley's
 |
|
| Department store | |
| Industry | Retail |
| Fate | Acquired by Macy's |
| Founded | 1900 |
| Defunct | September 9, 2006 |
| Headquarters | Houston, Texas |
| Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, housewares |
| Parent |
Federated Department Stores, Inc (1947–1988, 2005–2006) The May Department Stores Company (1988–2005) |
| Website | Archived official website at the Wayback Machine (archive index) |
Foley's was a chain of department stores owned by May Department Stores and headquartered in Downtown Houston, Texas. As of August 30, 2005, the division was dissolved and operation of the stores was assumed by Federated's Macy's West and Macy's South divisions. Foley's operated stores in Texas, Colorado, Louisiana, Arizona, Oklahoma and New Mexico. On September 9, 2006 Foley's and all the regional May Co. stores names were phased out and rebranded as Macy's.
This company was founded in Houston, Texas, in 1900 as Foley Brothers. It was originally acquired by Federated Department Stores, Inc. in 1947.
In the 1970s, Foley's opened stores in Austin and in the 1980s opened in San Antonio. By 1987, Foley's absorbed Federated's Dallas-based Sanger-Harris chain with stores in the Dallas/Fort Worth Metroplex; Oklahoma City, Oklahoma; Tulsa, Oklahoma; Tucson, Arizona; and Albuquerque, New Mexico.
In 1988, Federated was purchased by real estate developer Campeau Corporation, which immediately sold Foley's along with Filene's to May Department Stores to finance its deal. In two years Federated filed for bankruptcy, disassociated itself from Campeau, and merged with Campeau's other retail holding company Allied Stores. After its acquisition by May Company, Foley's closed several stores in Dallas it considered underperforming (including the downtown Dallas flagship store) and its Albuquerque, N.M., location, while also taking over two Lord & Taylor stores, one under construction in Oklahoma City and the other at San Antonio's Rivercenter.
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Wikipedia