Federated Department Stores Inc has promoted Cynthia R Walker to the new position of vice president of area research, effective immediately.

Walker will oversee sales forecasting for new stores, store remodels and expansions, acquisitions and divestitures, and helps to guide Federated's strategic growth opportunities and the allocation of capital to promote top-line growth.

She will continue to report to Ron Tysoe, vice chairman of Federated.

Walker joined Federated in 1995 as director of area research and was named divisional vice president in 1998.