Posts Tagged ‘retail’
Wednesday, April 24th, 2013
The pundits are having a good time poking fun at Ron Johnson’s expense. Yes, he made big mistakes. However, he was not the real problem.
Penney’s has been declining for years. The real blame belongs to the Board and the prior management. Over the years, J C Penney focused on the same customer and followed those customers as they grew older; management failed to attract younger customer. Everyone in retail knows the younger customers are the profitable customers. Only during the brief tenure of Allen Questrom and Vanessa Castagna did J C Penney do the right things.
I always believed the probability of success in Ron’s strategy to take JCP upscale and simultaneously attract a younger customer was unlikely. As retailers switch from one customer base to another, the retailer usually first finds the bottom of the Grand Canyon. That is where JCP is today. The old customers do not like what they see and the new customers do not like shopping with the old customers. In my mind, investors cannot afford to take the time required to successfully support a retail turnaround.
I have seen several retailers attempt to make customer base changes. Some that come to mind are:
- Abraham & Straus Department Stores – Brooklyn, New York
- Sears – The Softer Side
- Kmart- The New Kmart
- Mervyn’s – Mervyn’s California
All were colossal failures. On the other hand, Target did successfully make a change but it was done gradually and over several years. The customer base change was also less significant.
The essence of this story is that the Board and management need to keep their eyes focused on the long-term health of the company versus short-term quarterly tactics. The truth is that a merchant prince can seldom pull off a successful major change in customer base.
Tags: big box retail, big box retailers, Dallas, Department Store History, department stores, dina lokets, ecommerce, executive search firms, fashion, fashion careers, Fashion Institute, heidi plummer, J.C. Penney Co, JCP, john plummer, modesto, national retail federation, nrf, plano, plummer & associates, plummer and associates, Plummersearch, plummersearch.com, retail, retail careers, retail executive search, Retail History, retail recruiters, retailexecutivesearch.com, retailing, Specialty retail, susan gill, TEXAS, USC, wholesale, Womens Wear Daily, WWD
Posted in Uncategorized | No Comments »
Monday, December 5th, 2011
Plummer & Associates recruited Mr. Mark Poston as Chief Executive Officer for Resource Real Estate, one of the largest owner/operator of residential apartment complexes in the U.S. Mr. Poston brings extensive hospitality experience to Resource Real Estate from Bennigan’s, Yum Brands, and ARAMARK. He will lead a team responsible for the management of 65 major properties and future growth. He will be based out of the company’s Philadelphia headquarters. Mark Poston is a graduate of the U.S. Naval Academy.
Tags: apartment management, apparel executive search firms, apparel executives, big box retail, department stores, dina lokets, e-commerce, executive search firms, fashion executives, food service executive search, food service executive search firms, food service executives, heidi plummer, hospitality executive search firms, hospitality executives, john plummer, Mark Poston, plummer & associates, plummersearch.com, Real Estate, retail, retail executive search, retail executive search firms, retail executives, Specialty retail, susan gill, USC, www.plummersearch.com
Posted in Candidate Information, Talent Development/Education | 2 Comments »
Monday, December 5th, 2011
Plummer & Associates recruited Mr. Giovanni Pesce as SVP-International Sales for Viva Optique, a division of HVHC. Mr. Pesce brings extensive international experience in the eyewear industry. He will be based in Italy and his role will be to develop business in Europe, the Middle East, India, and in the Far East. He joined the company in December, 2011.
Tags: apparel executive search, department stores, dina lokets, European Retail, executive search, eye glasses, Eyewear, eyewear retail, eyewear sales, food service executive search, heidi plummer, International executive search, Italian Retail, john plummer, plummer & associates, plummersearch.com, retail, retail executive search, retail executive search firms, retail recruiters, Specialty retail, susan gill, USC, www.plummersearch.com
Posted in Talent Development/Education, Uncategorized | 3 Comments »
Thursday, May 12th, 2011
CHARMING CHARLIE APPOINTS KEITH CLINE AS CHIEF FINANCIAL OFFICER

HOUSTON –(BUSINESS WIRE)– Charming Charlie announced today that it has appointed Keith Cline as Chief Financial Officer effective February 28, 2011.
Mr. Cline comes to Charming Charlie from Express, Inc. (NYSE: EXPR), where he most recently served as Senior Vice President, Finance. During his five year tenure, Mr. Cline played a key role in both the 2007 privatization of Express and the subsequent initial public offering in 2010. Prior to that, Mr. Cline served as Director, Corporate Finance at Limited Brands, Inc. [NYSE: LTD] from 2003 to 2006. Mr. Cline’s career also includes financial leadership roles with FedEx Custom Critical, The J. M. Smucker Company, and Mettler-Toledo International, Inc. Mr. Cline began his career in public accounting with Arthur Andersen & Company and is a graduate of The University of Akron with a B.S. in Accounting as well as a M.B.A. in Finance.
“We are very pleased to welcome Keith to our team,” said Charlie Chanaratsopon, Chief Executive Officer of Charming Charlie. “Keith’s extensive background in finance combined with his retail experience and leadership capabilities will be invaluable as we continue to aggressively expand our national footprint. He is exceptionally well qualified to serve as our new Chief Financial Officer and I look forward to working closely with him to take this Company to the next level.”
Tags: big box retail, CFO, CFO search, charming charlie, COSTUME JEWELRY, department stores, dina lokets, direct marketing, ecommerce, executive search firms, fashion, fashion careers, heidi plummer, JEWELRY, john plummer, modesto, plummer & associates, plummer and associates, plummersearch.com, retail, retail careers, retail executive search, retail executive search firms, retail recruiters, RETAILER, retailexecutivesearch.com, retailexecutivesearchfirms.com, retailing, Specialty retail, susan gill, USC
Posted in Candidate Information, Talent Development/Education | No Comments »
Thursday, May 12th, 2011

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| True Religion Apparel, Inc. Names Jordan Daly as Vice President of Brand Strategy, Public Relations and Marketing |
| VERNON, Calif., May 12, 2011 (BUSINESS WIRE) –True Religion Apparel, Inc. (Nasdaq: TRLG) today announced that the Company has named Jordan Daly as Vice President of Brand Strategy, Marketing and Public Relations effective May 1, 2011. Ms. Daly will be responsible for developing the direction for, and managing all aspects of brand management, marketing, public relations and special projects on a global basis. She will drive a strategic multi-platform communication plan, oversee brand identity and positioning, campaigns, public relations, special events, product launches and internal communications to further build the Company’s market leadership position and maximize profitability. Mr. Jeffrey Lubell, the Company’s Chairman, Chief Executive Officer and Chief Merchant will be directly involved in overseeing Ms. Daly’s initiatives.Ms. Daly was most recently Vice President Public Relations Americas for Burberry Group, PLC. Prior to that, she served as Managing Director with HL Group, LLC specifically overseeing strategic marketing and communication platforms for consumer, fashion and lifestyle clients. Ms. Daly’s additional professional experience includes serving as Public Relations Director with kate spade and she worked in account management and advertisement roles with Factory Communications. Ms. Daly began her career at Harrison & Shriftman and has a B.S., Fashion Merchandising and Marketing from the University of Alabama.Jeffrey Lubell, Chairman, Chief Executive Officer and Chief Merchant of True Religion Apparel, Inc. stated, “Jordan brings a wealth of knowledge in all facets of brand development that will help further increase our overall brand awareness and affinity. As we continue to expand and further evolve our global presence, Jordan will be instrumental in guiding our efforts to reach our target customer while enhancing our reputation as one of the world’s premier denim and lifestyle brands.” |
Tags: dina lokets, executive search, executive search firms, heidi plummer, john plummer, MARKETING, modesto, plummer & associates, plummer and associates, plummersearch.com, PUBLIC RELATIONS, retail, retail executive search, retail executive search firms, Retail History, retail recruiters, retailexecutivesearch.com, retailexecutivesearchfirms.com, Specialty retail, susan gill, USC, WHOLESALE SALES
Posted in Candidate Information, Talent Development/Education | 1 Comment »
Thursday, April 28th, 2011
Viva International Group Appoints Jan Cory as Senior Vice President of U.S. and Canada Sales
Press Release Source: Viva International Group On Thursday April 28, 2011, 9:00 am
SOMERVILLE, N.J.–(BUSINESS WIRE)– Viva International Group, a worldwide leader in ophthalmic frames and sunglass distribution and manufacturing, has appointed Jan Cory as senior vice president of domestic sales. In her new role, Cory will oversee both the U.S. and Canadian sales forces, and will report to Viva President Frank Rescigna. Reporting to Cory will be Robert Dunn, Viva’s director of east coast sales; Kelly O’Grady, director of west coast sales; William Munch, general manager, Viva Retail Sun Division; and Don Fatula, manager of corporate accounts.
“Critical to our success in sales is excellence in strategic planning and the development of a solid collaboration of partnerships across our organization,” said Rescigna. “Jan has a proven track record in these areas in her more than 30 years of achievement and leadership in premium brand retail consumer products. Her experience will help us to continue to flawlessly execute our goals and ‘super serve’ our customers.”
Cory joins Viva from Luxottica where she recently lead the optical sales team as vice president of independents and sun specialty, including creating new customer-centric strategies, which lead to the 2010 sales force transformation. Previously, she was vice president of department stores and special markets, where she helped to establish her division as the premier resource in the department store channel of trade. Prior to her 12 years at Luxottica, she was vice president of sales for the U.S and Canada for Grosse Jewels, which had the licenses for Christian Dior and Burberry fashion jewelry.
Cory is a graduate of Miami University where she earned a bachelor of arts degree in public administration and political science. She is on the board of the Accessories Council, and a member of the Fashion Group.
Tags: big box retail, department stores, dina lokets, Executive Search Firm, executive search firms, Eyewear, heidi plummer, john plummer, modesto, plummer & associates, Plummersearch, plummersearch.com, retail, retail executive search firm, retail executive search firms, retail recruiters, retailexecutivesearch.com, retailexecutivesearchfirms.com, Specialty retail, susan gill, USC, Viva International
Posted in Candidate Information, Talent Development/Education | 1 Comment »
Monday, January 31st, 2011

Downtown LA - May Company (after addition)
MAY COMPANY – CALIFORNIA – The Largest Department Store in the West
In 1923, the May Company based in St. Louis, Missouri, bought Hamburger’s in Los Angeles and re-named it May Company California. The May Company itself had started in 1877 in Leadville, Colorado, specifically to serve the silver miners. The May Company Department Stores expanded by moving to Denver and later purchasing Famous Brothers in St. Louis. It then moved to St Louis and merged with William Barr Dry Goods in 1911 to create Famous Barr. With the 1923 acquisition of the large Hamburger store in Los Angeles, it entered the California market.
For the first 15 years, the May Company California division focused on the downtown Los Angeles store. The first branch store was opened in 1939, at the corner of Wilshire Boulevard and Fairfax. Even though the Great Depression did not hit California hard, the May Company remained cautious. They did know that they needed a store in Western Los Angeles as that was where the population growth was happening. In 1947, after WWII, they opened a store in the Crenshaw shopping area where many of the aircraft plant workers lived. In 1952, they opened a large store in Lakewood, near the Douglas plant and airfield. Afterwards, the company began opening a new suburban store every year or two until their stores captured significant market share in Los Angeles, Orange, San Diego, and San Bernardino counties.
Like Broadway Stores, May Company was a mid-tier department store chain catering to the broad value oriented customer. The company developed strong merchants and, although highly promotional, they were great at following the fashion trends. I remember in the 60’s and 70’s when the juniors revolution was taking place, the May Company – California stores had a junior area that captured the times as well as the best junior specialty retailers. May Company was hot! In those days May Company California was a major profit producer for May Department Stores Company.
In later years, the May Company California expanded outside of California as the parent company bought Goldwater’s (Arizona) and incorporated the Goldwater’s Las Vegas store into a May Company California store.
In the late 1970’s and 1980’s May Company California stores started to show wear as the stores were not well-maintained under the expense control programs being implemented. The company still maintained strong merchandising programs and the May Department Stores Company became known for making money through effective merchandising. However, the California division was hurt by executive turnover and corporate programs that influenced and limited local merchandising.
In 1993, after the May Department Stores Company acquired Associated Dry Goods Company, the Associated’s W.J. Robinson & Company division was merged with the May Company California stores to form Robinsons-May. Robinson’s was an upper-tier department store operation and the merger of these two businesses first created some difficulties. When Bob Mettler became responsible for merchandising the problems seem to end as he differentiated the merchandising for the stores based upon local markets. He also brought a new level of enthusiasm to merchandising and buffered the merchandising team from the corporate merchandising pressures.
In 1984, the original store at 8th and Broadway was closed. The headquarters had moved out of that building years before. This area of downtown Los Angeles had deteriorated significantly.
In 2006, after the May Department Stores Company was acquired by Federated Department Stores, the Robinsons-May division was closed and the stores were converted to Macy’s or sold.
What happened????? Although May Company California was a strong and aggressive merchandising organization, they, like others, had difficulties facing increased competition. Nordstrom, Mervyn’s, Target, a reinvigorated J.C. Penney, Costco, and others were taking market share and operated with lower costs. The May Company reduced expenses in a manner that resulted in a less than pleasant shopping environment. Corporate turnover and control also caused problems and eventually ended local merchandising programs. In the end, the collapse of the parent company ended May Company California.
I have posted postcards of the downtown Los Angeles store, the Wilshire store and the Crenshaw store. Postcards of the downtown LA store are listed under Hamburger’s, the company May Company purchased in 1923. Postcards of the newer May Company California stores are, in my mind, not important for this blog. The newer stores were just big boxes with no architectural importance.

May Company Downtown LA 1930's

May Company California - Store at Fairfax and Wilshire Blvd -1940

May Company Store at Fairfax and Wilshire Blvd. Miracle Mile 1960's

May Company California - Crenshaw Store 1940's
Tags: Allied Stores, Associated Dry Goods, Beaux Arts, big box retailers, Carter Hawley Hale, City Stores, dayton hudson, defunct department stores, defunct retailers, Department Store History, department stores, Downtown Los Angeles History, executive recruiters, executive search, executive search firms, fashion, Fashion Institute, FEDERATED DEPARTMENT STORES, grand dames, grand dames of retail, J.W. Robinson & Co, john plummer, Los Anteles times, macy's, may company, May Company Department Stores, May Company Southern California, Merchantile Stores, modesto, national retail federation, nrf, plummer & associates, plummer and associates, plummer blog, Plummersearch, plummersearch.com, retail, retail executive recruiters, retail executive search, retail executive search firms, Retail History, retail recruiters, retail talent, retailexecutivesearch.com, retailexecutivesearchfirms.com, Robinson's May, skywalker, Specialty retail, susan gill, USC, wholesale, Womens Wear Daily, wsj, WWD
Posted in CALIFORNIA STORES, Retail Postcards | 8 Comments »
Saturday, January 22nd, 2011

The Boston Store - Los Angeles - 1910
J.W. ROBINSON & CO – Los Angeles
James Winchester Robinson opened his first store in 1881 under the banner of The Boston Store. The original store was located at Spring and Temple Streets. In 1914, the name was changed to J.W. Robinson & Company and it moved to a new location at 7th and Grand in a building designed by Noonan and Richards. In 1934 the building was modernized by Edward L. Mayberry. The downtown store had six floors of selling space. On the seventh floor were the restaurants, the beauty salon, and customer service. The women’s rest area and lavatory were reputed to be exquisite.
Robinson’s catered to the carriage trade as did Bullock’s and Coulter’s. The store presented better fashions and offered excellent customer service. For years the store competed well with Bullock’s in the downtown market because it was located west on 7th street in an area attractive to the upper-end customers.
In 1957, the company was acquired by Associated Dry Goods and became their fashion headquarters for the West.
In 1952, the company opened its first branch store in the Beverly Hills market. Robinson’s needed that store to capture the carriage trade: customers that were now shopping at Bullock’s, I. Magnin’s, and Sak’s stores located out on Wilshire and at the specialty shops on Rodeo Drive. Even Coulter’s had closed its downtown store and moved to Wilshire. Later, Robinson’s opened a winter-only store in Palm Springs to serve the customers who wintered there. Other suburban stores opened in Panorama City, Anaheim, Santa Barbara, Glendale, Pasadena, Newport Beach, Cerritos, Woodland Hills and the City of Industry.
In 1986, Associated Dry Goods was acquired by The May Department Stores Company (St. Louis). In 1993, the Robinson’s division of Associated Goods was merged with the May Company Southern California division to form Robinson’s May. This was a difficult marriage as May Company was targeting the moderated market and Robinson’s catered to the carriage trade. In 2005, after the acquisition of The May Company Department Stores by Federated Department Stores, the stores were either renamed Macy’s, Bloomingdale’s or were sold.
What happened???? Although Robinson’s had relatively good positioning in Los Angeles, it relied too long on its one store downtown. It did not have the clout with vendors to develop exclusive relationships. As the customers moved west to Beverly Hills and south to Orange County and when the downtown retail market declined, Robinson’s was slow to expand and gave up market share to Bullock’s, I. Magnin’s, Sak’s, and other retailers. Robinson’s started to rebound when Michael Gould became the CEO, but he did not get full support from the parent, Associated Dry Goods. When it merged with May Company, the company quickly lost the carriage trade customer.
I knew Robinson’s well as a competitor when I worked at Bullock’s. The downtown LA and the Beverly Hills stores were well-maintained and operated at high customer service levels. The management was not known as sophisticated. The management development program was not strong so the company was never able to develop talented merchants. I remember when the Attorney General for California looked into price fixing amongst the Southern California department stores. They found a folder amongst the corporate office files at Robinson’s entitled “Price Fixing Agreements”.
I wish there were postcards showing the interior of this wonderful store. I have only one which shows the women’s restroom. As soon as I locate it I will post it.

New Downtown LA J.W. Robinson Store Drawing

J. W.Robinson & Company - Los Angeles - 1917

J. W. Robinson & Company - Los Angeles - 1920's

J. W. Robinson & Company - Los Angeles - 1920's

J. W. Robinson & Company - Los Angeles - 1940 - After 'Remuddling'

Utopia Yarn/ J.W.Robinson & Co - 1940

Rogers Peet Suits/J.W. Robinson & Co. - 1941

J.W. Robinson & Co. - Beverly Hills Store

J. W. Robinson & Company - Newport
Tags: Allied Stores, apparel retail, Associated Dry Goods, big box retail, big box retailers, Boston Store, BULLOCK'S, Bullock's Wilshire, catalog, department store, Department Store History, department stores, direct marketing, Downtown Los Angeles Retail, Dowtown Los Angeles History, ecommerce, executive search, executive search firms, fashion, fashion careers, Fashion Institute, fast food, FEDERATED DEPARTMENT STORES, FIT, food service, J.W. Robinson & Co, J.W. Robinsons, john plummer, la times, LOS ANGELES RETAIL, LOS ANGELES RETAILERS, Los Angeles Times, macy's, may company, May Company Southern California, May Robinson, MBA, modesto, national retail federation, New york Times, nrf, NYT, plummer & associates, plummer and associates, Plummersearch, plummersearch.com, private companies, retail, retail careers, retail executive recruiters, retail executive search, retail executive search firms, retail recruiters, retailers, retailexecutivesearch.com, retailexecutivesearchfirms.com, retailing, Robinson May, Robinson's, shop TV, skywalker, Southern California History, SOUTHERN CALIFORNIA RETAIL, SOUTHERN CALIFORNIA RETAILERS, Specialty retail, stores, Supply Chain, susan gill, USC, wholesale
Posted in CALIFORNIA STORES, Retail Postcards | 10 Comments »
Sunday, January 16th, 2011

The Broadway . Original Store 1900
The Broadway Department Stores was founded in 1896 by Arthur Letts, Sr, an English immigrant. He built his first store on Broadway at Fourth Street, farther south on the street than the other retail establishments. His store, targeting the cost-conscious customer, was an immediate success and led to the 1920′s replacement of the building with a new, larger facility at the same location. In 1907, Mr. Letts funded two of his best employees, John Bullock and P. G. Winnett, to form Bullock’s at Seventh & Hill Streets.
The Broadway acquired the B.H. Dyas Specialty Emporium on Hollywood Blvd during the beginning of the Great Depression. This gave Broadway an important store in West Los Angeles. This store later declined with the decline of Hollywood Blvd and the growth of Beverly Hills.
The Broadway Street store was closed in 1973 and reopened at the newly built Broadway Plaza on Seventh Street. In later years, Broadway acquired many competitors to become a major retailer operating in the Southwest (Southern California, Nevada, Arizona, Utah, Colorado, and New Mexico. Acquisitions included: Coulter’s (Los Angeles), B.H. Dyas (Los Angles), Milliron’s (Los Angeles), Walker’s (Long Beach), and Marston’s (San Diego). In 1979, Broadway was split into two divisions, Broadway Stores based in Los Angeles, and Broadway Southwest based in Phoenix.
The Broadway merged with Hale Stores (Sacramento) in 1950 to form Broadway-Hale Stores. This put Hale Stores (Sacramento/San Francisco), Weinstock Lubin (Sacramento), and Broadway under one company ownership. In 1969, the company acquired Emporium-Capwell. Emporium was based in San Francisco and Capwell’s was based in Oakland. In 1969, CHH acquired the three unit Neiman-Marcus chain based in Dallas. In 1972, the company acquired Bergdorf-Goodman (New York), Holt-Renfrew (Montreal), Sunset House (Los Angeles), and Waldenbooks (Stamford, Ct). In 1977, CHH attempted to takeover Marshall Fields, but was unsuccessful. Licking their wounds they ended up taking over the troubled John Wannamaker chain based in Philadelphia. In 1979, the company acquired Contempo Casuals based in Los Angeles. For a time, CHH also held a major interest in the House of Fraser which included Harrod’s. Through all these acquisitions the company increased sales and debt but profits remained low. The company was ripe for a takeover and Limited stepped up to the plate in 1984 and 1986. To fend off the takeover, CHH spun off the Specialty Group (Neiman Marcus, Contempo Casuals, and Bergdorf Goodman), sold Waldenbooks to Kmart, sold Thalheimers to the May Company, sold Wannamaker’s to Woodward & Lothrop, and Holt Renfrew to the Weston family. In 1991, CHH filed for Chapter 11 bankruptcy protection. In 1992, the Zell/Chilmark fund took the company out of bankruptcy and formed a new company called Broadway Stores, Inc. A new management team was recruited led by Mr. David Dworkin. Unfortunately, this new team misread the customer base and took Broadway Stores into a direction which proved disastrous. In 1995, the Zell/Chilmark organization sold Broadway Stores to Federated Department Stores. Within months the headquarters were closed and the stores were converted to Macy’s and Bloomingdale’s or were sold to Sears and other retailers.
What happened??? The Broadway never had the merchandising talent in fashion found at the competitors. It had few exclusive relationships with vendors and, because it was targeted towards the value-driven customer, it faced stiff competition from Sears, the rejuvenated J.C. Penney Company, discount stores and specialty retailers. Because the parent company was deep in debt due to the aggressive acquisitions, the Broadway did not have the funds to invest in the maintenance of their stores. The facilities were showing wear, carpets worn, and the fixtures and decor were outdated. Broadway also fell into advertising addiction; they relied heavily on costly advertising to drive whatever customer traffic they had. Most importantly, employee morale was low as the value of their profit sharing retirement plan declined with the company’s eroding performance. Probably the largest portion of blame goes to the lack of leadership at Carter Hawley Hale, the parent. Competitors lovingly called the company Carter Farter & Hoopla. Reportedly, the Wall Street Journal commented … God gave them Southern California and they blew it”.
The downtown store on Broadway Street was kept open far longer than it should have. The store in the later years was in a transitioning area of downtown LA, surrounded by closeout shops, closed theatres, and empty store fronts. The store had narrow wooden escalators which were scary to use and very noisy. You could hear the thump, thump of the escalators all over the store. At the end, the store misrepresented the brand as the merchandise assortment was targeting a customer in the lower income strata.

Broadway Store During Shriner Convention . 1907

New Broadway Store. Los Angeles. 1930

New Broadway Downtown LA . 1930's

Millinery Department - Broadway

The Broadway . Drapery Department . 1907

Corset Department . 1907

Drapery Department 1907 Another View

Fourth Floor Restaurant . 1907

New Eighth Floor Restaurant . 1930's

Garden Restaurant . 1930's

Broadway . New Van Nuys Store

Broadway Santa Card (reverse side below)

Reverse of above Santa card

Home of The Broadway Founder

More on the home of the founder of The Broadway

Founder's Home in Hollywood

The Broadway . Employee Handbook . 1920

1920 Broadway Handbook pgs 2 & 3

Employee Handbook pgs 4 & 5

The Broadway . Employee Handbook . pgs 6 & 7

Employee Handbook . The Broadway. 1920 . pgs 8 & 9

The Broadway . Employee Handbook. pgs 10 & 11 . 1920
Note: Please do not make any copies of these postcards without the permission of John Plummer. It has taken years and a great deal of expense to compile this collection.
Tags: Anaheim Register, Arthur Letts, big box retail, Broadway Department Stores, Broadway Hale, Broadway stores, buffums, capwell, Carter Hawley Hale, coulter's, Daily Breeze, defunct department stores, defunct retailers, Department Store History, DEPARTMENT STORE POSTCARDS, emporium, executive search firms, Fashion Institute, FEDERATED DEPARTMENT STORES, george lucas, Grand Dames Retail, Korrick's, Las Vegas, Las Vegas Retailers, Long Beach, Long Beach Retailers, los angeles, LOS ANGELES RETAILERS, Los Angeles Times, Marston, Marston's, modesto, national retail federation, Neiman Marcus, New Mexico Retailers, nrf, Phoenix, Phoenix Retailers, plummer & associates, Plummersearch, plummersearch.com, retail, retail executive recruiters, retail executive search, retail executive search firms, Retail Fallen Flags, Retail History, retail recruiters, retailexecutivesearch.com, retailexecutivesearchfirms.com, retailing, San Diego, San Fernando Valley News, San Gabriel Valley News, skywalker, SOUTHERN CALIFORNIA RETAIL, stores, susan gill, thalheimers, USC, Walkers, Wannamakers
Posted in CALIFORNIA STORES, Retail Postcards | 10 Comments »
Monday, January 3rd, 2011
Bullocks Downtown Los Angeles – 1907 – Grand Opening

In 1907, John Gillespie Bullock and Percy Glen Winnet opened Bullock’s at the corner of 7th & Broadway Streets in downtown Los Angeles. The two had worked at The Broadway and convinced Arthur Letts, Sr, founder of The Broadway to back them in this new retail venture targeting the more up-scale customer. The store grew over the years as it acquired buildings on 7th Street between Hill and Broadway; one of the buildings was a competing department store. In 1923, John Bullock and P. G. Winnet bought out Arthur Lett’s interest.
In 1929, the company opened its first branch store on Wilshire Boulevard. This luxury Art Deco designed store targed the wealthy as they moved to the nearby Hancock Park neighborhood from the downtown’s West Adams district. Later, the Bullock’s Wilshire store became a separate division within Bullocks. For years Bullock’s Wilshire merchandised the store in Palm Springs which only operated in the Fall, Winter, and Spring seasons. The Palm Springs store served the Hollywood community with winter homes in that area.
Bullock’s was known as a chain which targeted the better customer and provided unparalled customer service. The company had approximately 65 buyer/managers in each store until 1970. Up until then, the company believed that having buyers in each store for each department helped provide a localized assortment. However, it was hard for Bullock’s to buy from larger manufacturers as each store could not meet minimum quantity orders. The company did have exclusive relationships with key better vendors which helped it retain the better market position.
The third suburban store was opened in Pasadena (it was designed to be converted into a hotel if it did not succeed as a store). Later the chain continued to expand with stores in Westwood, the San Fernando Valley, Santa Ana, Torrance, Lakewood, San Gabriel Valley, Orange County, Las Vegas, Pheonix, and San Diego.
Bullock’s acquired I.Magnin & Company in 1944 to form Bullocks-Magnin. In 1964, publicly held Bullocks-Magnin was acquired by Federated Department Stores. This was a hostile takeover. P.G. Winnet, the founder, opposed the sale. His son-in-law, Walter Candy who was President, was for the sale and gathered support of the management team. Abe Fortes, who later became a Supreme Court Justice, was the attorney representing Federated. (Note: Bullock’s in Northern California was a separate division of Federated Department Stores.) This acquisition affected both Bullock’s and Federated for many years. First, many of the management team were protected for supporting Mr. Candy and the Federated acquisition so it was agreed that directional and management changes would not be made for five years. That is one of the key reasons Bullock’s did not convert to central merchandising until 1970. P.G. Winnet mostly continued working out of the Bullock’s-I Magnin offices but did visit stores and was known for pinning candy on sales people who he recognized as outstanding. Secondly, Federated was restricted from further growth through acquisition. The Justice Department was concerned that Federated was gaining too much share of the department store sector which at the time was the largest individual segment in the retail industry.
In 1988, Bullock’s was sold to the R.H.Macy Company as Federated was owned by Campeau and needed cash. As Macy’s-Atlanta took over merchandising, Bullock’s lost its better positioning. As I understand it, under Macy’s store gross margin production shrank dramatically. In 1995, Bullock’s name was formally changed to Macy’s. Now, all the Bullock’s sites are known as Macy*s or Bloomingdales since the R.H. Macy Company was acquired by Federated Department Stores.
Bullocks was known for:
- Merchandise assortments which trended towards better.
- Higher quality salespeople who were focused on customer service.
- Strong fashion presentation with upgraded and well-maintained stores.
- Special events.
What happened??? When Federated Department Stores acquired Bullock’s it was a leader in Southern California but was marginally profitable. As management changes were made the company became highly profitable and in a dominant market position because the company secured top merchandising talent, invested in systems, and had the capital from Federated Department Stores to upgrade facilities and to expand into new markets. The downtown store continued to slide as the market demographics changed, the Southern California transportation system collapsed, and as customers shopped more at shopping malls. Bullock’s flourished until Nordstrom’s entered the Southern California market. At that time, Bullock’s began losing some of its fashion edge as markdown programs were reduced with the intent of increasing profitability but in reality allowed fashion to become stale in comparison to Nordstrom’s. Bullock’s remained dominant but should never have allowed Nordstrom’s to gain a foothold in Southern California. (Note: Terry Lundgren, CEO of Macy’s (Federated Department Stores) started with Bullock’s as a trainee. Keep in mind, the Bullock’s motto was….” to build a business which shall know no end”.
Today, the former downtown Bullock’s store building is divided between a St Vincents Jewelry Mart, a parking lot, and small retail stores. The Bullock’s Wilshire store now houses the Southwestern Law School. The Bullock’s Wilshire store is kept in its original Art Deco splendor and serves as a reminder of department store retailing in the grander days.
I started my retail career with Bullock’s. Although I grew up in Modesto, California, about 300 miles north of Los Angeles, I knew Bullock’s especially well. My mother was from Los Angeles. My grandmother used to knit infant clothing for Bullock’s downtown. My godmother, Ms. Paquita Machris, used to take me twice a year to Bullock’s Wilshire to pick out clothing. Her personal sales person, Ms. Dineen, met us at the MotorCourt and took us through the store followed by a lunch in the tea room where I enjoyed my first taste of Babas au Rhum. Years later, I always made sure Ms. Dineen was well taken care of as she had the largest sales book in the entire Bullock’s chain. I joined Bullock’s when I taught Statistics at U.S.C. I then became a part of the Personnel department in the corporate offices. I remained with Bullock’s until 1978 when I was recruited to Mervyn’s, a new publicly held company in the San Francisco Bay Area.
My collection of Bullock’s postards are shown below. If anyone has memories of Bullock’s I hope you will feel free to memorialize your memories in the Comments Section below. I know I have many friends and co-workers who are anxious to do so. You must receive my permission to copy or reprint any of these postcards.
Bullock’s Downtown

Bullock's Downtown 1920's

July 4, 1921

DownTown LA 1912

Bullock's Downtown 1930's (note outdoor dining - before smog)

Bullock's Downtown - 1930's

First Floor 1914 - Later became Cosmetics floor

Gown Room - Third Floor - Pre 1920


Children's Departments - Fourth Floor - Pre-1920

Millinery Room
The Tea Room…..

Tea Room - 1920's

The Lobby - Tea Room

The Foyer - Tea Room - 1920's

The Foyer - Tea Room - 1910

Tea Room - The Grey Room - 1920's

Tea Room - 1920's

Tea Room - 1930's

Tea Room Kitchen - 1930's

California Poem Sent to Bullock's Downtown Customers - 1924
Bullock’s Wilshire – Opened 1929

Bullock's Wilshire

Bullock's Wilshire - Fine Pottery and Glassware

Bullock's Wilshire - Fine Jewelry Gorham Sterling & Precious Stones
Bullock’s Pasadena

Bullock's Pasadena - Designed to be a hotel if it did not work as a retail store.

Fashion Postcards Sent to Bullock's Pasadena Customers
Bullock’s Santa Ana

Bullock's Santa Ana - Company developed mall- Sister Company I Magnin is co-anchor

Bullock's Downtown Easter Placecard - Shirley Temple - 1928
This placecard was provided to me by someone whose Great Aunt worked at Bullock’s and kept this placecard. She had Shirley Temple, Ma Kittle, and Bob Hope as customers. I have not verified the signature. Bullock’s, Bullock’s Wilshire, and Bullock’s Palm Spring served many of the Hollywood Stars!
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