Fingerhut feature - federated buys fingerhut

Programs & Series | MPR News Feature | Types | Reports |
February 11, 1999
Bill Catlin - Reporter
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Federated Department stores, the company that operates Bloomingdales, Macy's and other retailers is buying Minnesotaetonka based Fingerhut. The transaction is the latest evidence of the internet's affect on Minnesota's retailing industry. Fingerhut is the nation's number 2 catalog retailer after JC Penney, and sells products ranging from clothing to appliances. The deal is valued at 1-point-7 billion dollars.

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