I workout at the Y across the street from Railway Exchange /Famous Barr and we have watched with great interest to see if this beautiful building will be saved. Thanks for the great piece of history.
Great article, but it erroneously states “ the Railway Exchange Building was sold by Dayton-Hudson Corporation to Federated Department Stores”. The Railway Exchange Building was owned by The May Department Stores Company and was “sold” to Federated Department Stores (now known as Macy’s Inc.) during Federated’s$11 billion acquisition of May in 2005.
On a side note, Dayton Hudson changed its name to Target Corporation in 2000, five years before Federated bought May. May Company purchased Marshall Field’s from Target Corporation in 2004 for $3.2 billion dollars.
Wow, thanks for the correction. It was challenging figuring this out because there were a few different timelines and what I wrote was my best attempt to put it all together.
I workout at the Y across the street from Railway Exchange /Famous Barr and we have watched with great interest to see if this beautiful building will be saved. Thanks for the great piece of history.
I know exactly where that is! Let me know if you ever see anything concerning - you can't always count on the media to report on stuff.
Great article, but it erroneously states “ the Railway Exchange Building was sold by Dayton-Hudson Corporation to Federated Department Stores”. The Railway Exchange Building was owned by The May Department Stores Company and was “sold” to Federated Department Stores (now known as Macy’s Inc.) during Federated’s$11 billion acquisition of May in 2005.
On a side note, Dayton Hudson changed its name to Target Corporation in 2000, five years before Federated bought May. May Company purchased Marshall Field’s from Target Corporation in 2004 for $3.2 billion dollars.
Wow, thanks for the correction. It was challenging figuring this out because there were a few different timelines and what I wrote was my best attempt to put it all together.