U.S. Business: Personalities: Apr. 3, 1964

MOST major department stores are dominated by family dynasties—Macy's, Gimbels, Neiman-Marcus, Atlanta's Rich's. The biggest dynasty of all is perpetuated by the descendants of German immigrant Simon Lazarus, who settled in Columbus in 1850 and started a store that eventually blossomed into Federated Department Stores, the largest U.S. department-store chain. Federated's 60 outlets include New York City's Abraham & Straus and Bloomingdale's, Boston's Filene's, Miami's Burdine's and Houston's Foley's. Last week President Ralph Lazarus, 50, interrupted a Hawaiian vacation to negotiate a deal that will add to his chain the 23 stores...

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