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July 10, 2006

Report: Federated Mulls Mall Epicenters

Federated Department Stores is considering a new mall concept called “Epicenters,” where consumers can view and buy products from online and catalogue companies, according to a report out Monday.

Epicenters could potentially take up vacant space at mall locations and offer consumers a variety of shopping alternatives. As part of the concept, consumers would be equipped with handheld devices called “buy-pods” that would allow them to purchase items from Epicenter vendors.

Retail and entertainment entrepreneur Sheldon M. Gordon developed the Epicenter concept and could announce a deal with Federated soon, according to WWD.

Posted by Blacks on July 10, 2006 07:28 AM

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