In its continuing quest for corporate excellence, Federated Department Stores will lay off 140 local Foley's employees this summer — Federated, you remember, is the company that bought the May department stores and will blanket the world with Macy's this fall.
The summer layoffs will be at the Foley's distribution center near UH (which will remain open with more than 400 workers). Federated has also said it will lay off 1,200 people in the Foley's corporate office here. A Federated spokesman said the company has been "aggressively recruiting and moving" Foley's employees to other Federated divisions — and at least the Houston distribution center is staying open; in January, Federated announced it would close five distribution centers across the country this year.
