Boscov's Buys Macy's, Other Stores ; Includes 2 Sites in Maryland, 7 Others in Pennsylvania, New Jersey

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Boscov's Department Stores LLC, the nation's largest family- owned chain of department stores, plans to purchase the Macy's in Marley Station Mall in Glen Burnie, Md., with nine other stores, seller Federated Department Stores Inc. said yesterday.

Federated put the stores up for sale after it bought May Department Stores, Hecht's former parent company, in August for $11 billion. The stores are in shopping centers where Federated now owns two department store spaces.

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Boscov's Buys Macy's, Other Stores ; Includes 2 Sites in Maryland, 7 Others in Pennsylvania, New Jersey

Federated, a Cincinnati company, plans to convert Hecht's stores to ...

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