8-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: August 25, 2006
FEDERATED DEPARTMENT STORES, INC.
7 West Seventh Street, Cincinnati, Ohio 45202 (513) 579-7000
-and-
151 West 34th Street, New York, New York 10001 (212) 494-1602
Delaware	1-13536	13-3324058
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01	Other Events
	On August 25, 2006, Federated Department Stores, Inc. ("Federated") announced that its board of directors has increased the authorization for repurchases of Federated common stock pursuant to Federated's existing repurchase program by an additional $2 billion. A copy of the press release announcing the authorization increase is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01.	Financial Statements and Exhibits.
	(c)	Exhibits
		99.1	Press Release of Federated dated August 25, 2006.
FEDERATED DEPARTMENT STORES, INC.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
				FEDERATED DEPARTMENT STORES, INC.
Dated:  August 29, 2006				By:   /s/ Joel A. Belsky
				Name:  Joel A. Belsky
				Title:  Vice President and Controller

EX-99.1

Exhibit 99.1

Federated Board Authorizes Increase in Stock Repurchase Program

CINCINNATI--(BUSINESS WIRE)--Aug. 25, 2006--Federated Department Stores, Inc. (NYSE:FD) (NYSE Arca:FD) announced that its board of directors has authorized an additional repurchase of up to $2 billion of its common shares. This new authorization is additive to the existing repurchase program, which as of the end of the second quarter, had approximately $383 million of authorization remaining.

The company said it may repurchase shares from time to time in the open market or through privately negotiated transactions, depending on prevailing market conditions, alternative uses of capital and other factors.

"By increasing our authorization to repurchase shares, the company is underscoring its confidence in the direction of our business and the Federated-May Company integration, as well as the progress of asset sales that were proposed at the time of the May Company acquisition," said Terry J. Lundgren, Federated's chairman, president and chief executive officer.

Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2006 sales expected to be more than $27 billion. Federated operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's, Bloomingdale's, Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, L.S. Ayres, Marshall Field's, Meier & Frank, Robinsons-May, Strawbridge's and The Jones Store. The company also operates macys.com and Bloomingdale's By Mail.

(NOTE: Federated today also issued separate news releases on its quarterly dividend and the election of a new officer. Additional information on Federated, including past news releases, is available at www.fds.com/pressroom)

CONTACT: Federated Department Stores, Inc.

   Media Contact

     Jim Sluzewski, 513-579-7764

          OR

   Investor Contact

     Susan Robinson, 513-579-7780