Summarized by Kent Larsen
Utahns have a mixed reaction about the merger with May
Deseret News 15Oct99 B3
By Jenifer K. Nii: Deseret News staff writer
The purchase of ZCMI by May Department Stores Company is receiving
mixed reaction among ZCMI's customers. Customers fear that major
changes to the formerly LDS Church-owned stores will mean that their
shopping habits will change, while others are simply glad that the
stores have been saved, fearing that recent troubles would eventually
mean that the chain would go out of business. One of these, Banker
Brett Eliason, wants the stores to stay in business, "If the option
is closing it down or keeping it open, I would much rather they keep
it open," he said. "It would be unfortunate if they had to lose the
ZCMI name because it has been such an icon for such a long time. But
if ZCMI has to make some concessions to stay open, they might have to
be willing to do that."
Chief among the worries forseen is that the stores might open on
Sundays. ZCMI has never opened on Sunday in its 132-year history. The
terms of the purchase restrict May from opening the stores on Sunday
as long as they have the ZCMI name. The name will be phased-out over
the next two years.
See also:
ZCMI chief feels mixed emotions over sale
Deseret News 16Oct99 B2
http://deseretnews.com/dn/view/1%2C1249%2C125008917%2C00.html
But Madsen admits that 'a burden has been lifted'
By Max B. Knudson: Deseret News business editor
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