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Fred Lazarus, Jr.

From Wikipedia, the free encyclopedia

This article is about the businessman named Lazarus. For other uses of the name Lazarus, see Lazarus (disambiguation).

Fred Lazarus, Jr. (1884-1973) was the founder of Federated Department Stores. Born in Columbus, Ohio, he grew up working in his family's small department store there, F. & R. Lazarus. He briefly attended the Ohio State University, but dropped out at the age of 18 to work full time in the store. He began expanding the business soon afterward; in 1929, F. & R. Lazarus merged with Abraham & Straus of Brooklyn, Filene's of Boston and Bloomingdale's of New York to become Federated Department Stores, of which "Mr. Fred" was the chairman. Under his leadership, Federated eventually became the largest department store company in the United States. Lazarus himself exerted enormous financial, social, and political clout; he is credited with convincing President Franklin D. Roosevelt in 1939 to move Thanksgiving a week earlier in order to make the Christmas shopping period longer.

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