the acquisition closed, Federated announced the closure of the remaining I. Magnin stores, eventually selling four stores to Saks Fifth Avenue and converting six former I. Magnin locations in Palo Alto, Walnut Creek, Woodland Hills, Palm Desert, Newport Beach and Palos Verdes to specialty Macy's or Bullock's locations. The upper floors of the former I. Magnin store on Union Square were later converted to an expansion of Macy's West own adjoining flagship. Federated also shuttered the sole remaining Arizona Bullock's store in Scottsdale at Camelview Shopping Center in early 1995. Broadway Stores merger In late summer 1995, Federated reached an agreement with Broadway Stores, Inc.'s controlling-shareholder, Chicago-based financier Sam Zell, to buy that company. Broadway Stores was the post-bankruptcy successor of Carter Hawley Hale Stores, a Los Angeles-headquartered company that at one time owned Neiman Marcus, Bergdorf Goodman and Wanamaker's. Through the 1970s and 1980s it was the leader in both sales volume and store count in California, but had struggled in the 1990s. The transaction was completing on October 11, 1995, and Federated subsequently announced plans to merge the organization's 83 Emporium, Weinstock's and The Broadway locations with Macy's West/Bullock's and rebrand them all with the Macy's moniker in early 1996. Eventually 49 of the Broadway locations were converted to Macy's, either as new stores, secondary stores to complement and expand existing locations, or to replacements of existing locations. Five of the stores which overlapped with Macy's and Bullock's at Sherman Oaks Fashion Square, Beverly Center, and Century City Shopping Center in Los Angeles, Fashion Island in Newport Beach, and Stanford Shopping Center in Palo Alto were closed and eventually reopened as Bloomingdale's. Nine locations were sold to Sears, two were swapped with Central Valley rival Gottschalks in Modesto and Fresno, while the remaining 18 were shuttered, a few of them eventually finding new life as Target or Wal-Mart locations. One of these locations, a former Emporium in Cupertino was re-opened as a Macy's under anti-trust pressure from the California attorney general in fall 1998. Union Square store revival In the late 1990s Macy's began a multi-year project to rehabilitate its landmark downtown San Francisco store. The project encompassed the remodeling of the 1929 and 1948 buildings and the 1974 stand-alone Men's Store and expansion into the upper floors of the former I. Magnin store at Geary and Stockton built in 1946. The company also demolished and replaced two