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Macy's to add Zoom Stores

May 21, 2006

Cincinnati Post: Federated's top executive announced at Friday's annual shareholder meeting that the company has signed an agreement with San Francisco-based Zoom Systems to provide the self-service, robotic "Zoom Stores" at Macy's locations in 32 cities beginning this fall. Zoom Systems will own the inventory and machines, and Federated will own the space and get an undisclosed percentage of sales.

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