Amazon.com: Macy's for Sale (9781555841393): Isadore Barmash: Books

Book Description

Publication Date: January 1989

This is a reprint of a previously published work. it is the story of Macy's managers and their leveraged buyout--then the largest in history involving a retail store.

--This text refers to the Paperback edition.

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } This is a reprint of a previously published work. it is the story of Macy's managers and their leveraged buyout--then the largest in history involving a retail store.

Editorial Reviews

From Publishers Weekly

New York Times reporter Barmash ( Welcome to Our Conglomerate . . . You're Fired ) here chronicles one of the more startling management/stockholder transactions in recent financial historythe leveraged buyout of the R. H. Macy retailing concern by a group of company executives under Macy CEO Edward S. Finkelstein. In a lively narrative, Barmash recalls how the Strauss family owners made the department store a New York institution (with holiday fireworks and parades), yielding power eventually to modern business personalities with big ideas. There is plenty of inside information about the world of retailing and boardroom infighting, as the author describes Macy's national expansion and the rise and fall of many management types.
Copyright 1988 Reed Business Information, Inc.

From Library Journal

This breezy account of the 1985-86 leveraged buyout of the giant New York department store chain is the product of the New York Times 's business correspondent who covered the process by which Macy's became a privately held corporation. Barmash's story moves awkwardly from a biography of Macy's Chairman Edward Finkelstein to a brief history of the chain, and then to the dealings surrounding the buyout. The narrative is at times rambling and unfocused, almost as if the author had phoned in his story to the rewrite desk reporter, but readers who persist to the end will learn an object lesson in the shabby state of corporate ethics in the 1980s.
- James W. Oberly, Univ. of Wisconsin-Eau Claire
Copyright 1989 Reed Business Information, Inc.

See all Editorial Reviews