Bloomingdale's
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Bloomingdale's

Bloomingdale's Inc.
Subsidiary
IndustryRetail
Founded1861; 159 years ago (1861)
FoundersJoseph B. Bloomingdale
Lyman G. Bloomingdale
Headquarters59th Street and Lexington Avenue,
New York City, New York
,
U.S.
Number of locations
54 (56 boxes) (Q2 2020)[1]
Area served
United States
Key people
Tony Spring (chairman and CEO)
Products
  • Clothing
  • footwear
  • leather goods
  • bedding
  • furniture
  • jewelry
  • beauty products
  • housewares
  • cafe
RevenueUS$1.072 billion
ParentMacy's, Inc.
Websitewww.bloomingdales.com

Bloomingdale's Inc. is an American luxury department store chain; it was founded by Joseph B. and Lyman G. Bloomingdale in 1861. It became a division of the Cincinnati-based "Federated Department Stores" in 1930.[2] In 1994 the Macy's department store chain joined the "Federated Department Stores" holding company.[3] In 2007, "Federated Department Stores" was renamed Macy's, Inc. As of August 1, 2020, there are 54 stores including 34 department stores, 1 furniture/other store and 19 outlet stores with the Bloomingdale's nameplate in operation throughout the United States. Its headquarters and flagship store are located at 59th Street and Lexington Avenue in the New York City borough of Manhattan.

Early history

The retail market boomed in the 1980s. New stores opened along the East Coast, Florida, Chicago, and in Dallas, Texas.[4] In 1996, Bloomingdale's expanded to the west coast with the acquisition of some former leases of The Broadway (Southern California) and Emporium stores (Bay Area) which closed early that year due to Bullock's (owned by Macy's) and Macy's already existing in the malls since Federated Stores acquired Broadway Stores Inc in 1995.

Current operations under Macy's, Inc.

2007–2009

In 2007, Bloomingdales expanded into San Diego (Fashion Valley) and Costa Mesa (South Coast Plaza) by acquiring leases of former Robinsons-May stores which closed in 2006 due to Macy's already existing in the malls since Federated Stores acquired the May Department Stores Company in 2005. On February 14, 2008, parent company, Macy's, Inc., announced plans to enter the Phoenix market with a 180,000 square foot store by 2009.[5]Arizona would have been the thirteenth state to have a Bloomingdale's store location, with this store being the tenth in the western U.S. and 41st throughout the chain.[6]

On September 10, 2008, Bloomingdale's announced plans to open three stores, two of which will be modeled after the SoHo store: a 3-level, 82,000-square-foot (7,600 m2) anchor store at The Shops at Georgetown Park in Washington, D.C[7]. by August 2011, a 3-level 150,000 sq ft (14,000 m2) store at Westfield Valley Fair in San Jose, California by Fall 2011,[8] and a 205,000 sq ft (19,000 m2) store in Santa Monica Place, in Santa Monica, CA (which opened on August 6, 2010).[] The store is reported to be modeled after the chain's concept store in New York's SoHo neighborhood to carry select contemporary men's and women's apparel.

Twelve days later, the first proposed overseas locations for the chain were announced. A September 22, 2008 press release from Macy's Inc. told of plans for two Bloomingdale's locations (a three-level 146,000 sq ft (13,600 m2) apparel and accessories store, as well as a separate one level 54,000 sq ft (5,000 m2) home store to open in February 2010 in Dubai, United Arab Emirates. As is the case for rival Saks Fifth Avenue, the international presence for Bloomingdale's will be operated under license by a local interest -- in this case, Al Tayer Group LLC, a leading UAE-based conglomerate.[9] Bloomingdale's CEO announced that the Dubai store will most likely be the only store outside of the US since Bloomingdale's has no further plans to expand to other countries.[10]

2010–2019

Map of Bloomingdale's locations as of October 19, 2015

On November 3, 2011, Bloomingdale's announced it opened a new 120,000 sq ft (11,000 m2) store in Glendale Galleria in late 2013 as part of the mall's remodeling plan, replacing the mall's former Mervyn's store.[11][12]

On January 4, 2012, Bloomingdale's announced it would close four stores. The most significant closure was at the Mall of America in Bloomington, Minnesota, where Bloomingdale's was one of the mall's first anchors.[] Additionally, a home store at Oakbrook Center in Oak Brook, Illinois and full line stores in Perimeter Mall in Dunwoody, Georgia and (former) White Flint Mall in North Bethesda, Maryland have closed. [13]

On January 3, 2013, Bloomingdale's announced that they would close the Las Vegas Home store at Fashion Show Mall.[14]

Bloomingdale's announced that they had replaced the Bloomingdale's store of 229,000 sq ft (21,300 m2) in Stanford Shopping Center in Palo Alto, California with a new 120,000 sq ft (11,000 m2) store. The store opened in 2014.[15]

On November 12, 2015, Bloomingdale's opened up their first store in Hawaii at Ala Moana Center in Honolulu, Hawaii. The three-story, 165,000 sq ft (15,300 m2) store replaced a former Sears store, and includes special services such as smart fitting rooms, charging lounges, and dining services at its 40 Carrots restaurant.[16]

In late 2019, Bloomingdale's, along with Macy's, announced that fur will no longer be sold in any of its stores, including The Outlet, as of the end of the 2020 fiscal year.[17]

2020

On February 7, 2020, Macy's, Inc. announced that they will permanently close one full-line Bloomingdale's location at The Falls Mall which is located in South Miami, Florida and was one of the oldest Bloomingdale's department stores.[18]

In March 2020, Macy's, Inc. announced that it would temporarily close all Bloomingdale's and Macy's locations until March 31 to help reduce the spread of COVID-19.[19] Its stores remained closed during April when the company announced that locations with less restrictive or relaxed coronavirus measures would reopen in early May. The company expected all its stores to be open over the following six weeks.[20]

Gallery

References

  1. ^ "Store Count and Square Footage". Macy's, Inc. Retrieved 2020.
  2. ^ "History of Federated Department Stores, Inc."
  3. ^ "Macy's", Wikipedia, November 26, 2019, retrieved 2019
  4. ^ "Bloomingdale Plans Cuts". The New York Times. June 6, 1990. Retrieved 2007.
  5. ^ "Bloomingdale's to Open First Store in Phoenix". www.businesswire.com. February 14, 2008. Retrieved 2020.
  6. ^ "Bloomingdale's to Open First Store in Phoenix". Macy's, Inc. February 14, 2008. Retrieved 2008.
  7. ^ Devaney, Robert (January 23, 2012). "The Decline and Fall of Georgetown Park". The Georgetowner. Retrieved 2020.
  8. ^ "First look inside Westfield Valley Fair's new Bloomingdale's". The Mercury News. March 3, 2020. Retrieved 2020.
  9. ^ "Bloomingdale's to Open in Dubai in 2010". Macy's, Inc. September 22, 2008. Retrieved 2008.
  10. ^ Lancsak, Angelika. "Bloomingdale's Dubai likely to be only one outside US - CEO - Retail". ArabianBusiness.com. Archived from the original on February 3, 2010. Retrieved 2012.
  11. ^ "MarketWatch.com". MarketWatch.com. Retrieved 2012.
  12. ^ "Glendale Galleria Announces Bloomingdale's Department Store - CHICAGO, Nov. 3, 2011 /PRNewswire/". Illinois: Prnewswire.com. Retrieved 2012.
  13. ^ "Macy's, Inc. Announces Store Openings and Closings". Macy's, Inc. Retrieved 2020.
  14. ^ Zackie Binkes. "Bloomingdale's store closing at Fashion Show mall". Vegas Inc. Retrieved 2014.
  15. ^ "Bloomingdale's building a smaller Palo Alto store". Palo Alto Online. Retrieved 2012.
  16. ^ Moriki, Darin (June 30, 2015). "Hawaii's first Bloomingdale's to open in November at Ala Moana Center". Pacific Business News.
  17. ^ Leticia Miranda, "Macy's, Bloomingdale's to stop selling fur," NBC News, 22 October 2019.
  18. ^ Tyko, Kelly. "Macy's is closing 125 stores with the first locations closing soon: Is your location on the map?". USA TODAY. Retrieved 2020.
  19. ^ Tyko, Kelly. "Macy's, Bloomingdale's, Nordstrom, Saks Fifth Avenue closing all stores because of coronavirus". USA TODAY. Retrieved 2020.
  20. ^ Thomas, Lauren (April 30, 2020). "Macy's says it plans to have all of its stores reopened in 6 weeks". CNBC. Retrieved 2020.

External links

Coordinates: 40°45?43?N 73°58?00?W / 40.76194°N 73.96667°W / 40.76194; -73.96667


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

Bloomingdale's
 



 



 
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