Federated, AOL strike new deal

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Federated Department Stores, parent of Macy's and Bloomingdale's, and America Online significantly expanded their e-commerce relationship, first created in October 1998. The pact gives Federated's e-commerce brands wider placement across several categories of the Shop@AOL online shopping destinations. Under the new multimillion-dollar agreement, Macy's and Bloomingdale's will have anchor tenancies in several Shop@AOL categories including department stores, home furnishings & decor, gourmet gifts and entertaining. They will also have placement on the AOL "welcome" screen and have "gold tenancy" in a number of Shop@ destinations. Separately, AOL said it will incorporate its AOL Instant Messenger service into Sprint PCS Internet wireless service. AOL already has several mobile services available on the Sprint PCS Wireless Web network.

Copyright October 2000, Crain Communications Inc.

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