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Carson’s Business Consolidated with Foth
CHICAGO–The clock that began ticking in October on Laughlin/Constable’s Carson Pirie Scott & Co. business has run down, leaving the agency facing possible layoffs in the wake of the loss of that $10 million account.
The Milwaukee, Wis.-based Carson’s department store chain was acquired in a stock deal valued at $790 million by Proffitt’s, Alcoa, Tenn., in a deal announced in October and consummated in January.
In September, Proffitt’s had consolidated $16 million of its retail billings at Ron Foth Advertising in Columbus, Ohio.
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