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Bergdorf
Bergdorf Goodman Inc. is a luxury department store based on Fifth Avenue in Midtown Manhattan, New York. The company was founded in 1899 by Herman Bergdorf and was later owned and managed by Edwin Goodman, and later his son, Andrew Goodman. Today, Bergdorf Goodman operates from two stores situated across the street from each other at Fifth Avenue between 57th Street and 58th Streets. The main store, which opened at its current location in 1928, is located on the west side of Fifth Avenue. A separate men's store, established in 1990, is located on the east side of Fifth Avenue, directly across the street. Bergdorf Goodman is a subsidiary of Neiman Marcus, which is owned by the private equity firm Ares Management. History Founding and early history (1899–1951) The company traces its origins to 1899 when Herman Bergdorf, an immigrant from Alsace, opened a tailor shop just above Union Square in downtown Manhattan. Edwin Goodman, a 23-year-old American Jewish merchant, based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadway Stores
Broadway Stores, Inc., was an American retailer based in Southern California. Known through its history as Carter Hawley Hale Stores and Broadway Hale Stores over time, it acquired other retail store chains in regions outside its California home base and became in certain retail sectors a regional and national retailer in the 1970s and 1980s. The company was able to survive takeover attempts in 1984 and 1986, and also a Chapter 11 bankruptcy filing in 1991 by selling off most of its assets until August 1995 when its banks refused to advance enough additional credit in order for the company to be able to pay off suppliers. At that point, the company sold itself to Federated Department Stores for $1.6 billion with the acquisition being completed on October 12, 1995. History Early history In 1950, as Los Angeles began to grow in population very rapidly and assumed dominance within the state, the fast-growing The Broadway Department Stores (founded in 1896) based there negotiated an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U .... It stretches north from Washington Square Park in Greenwich Village to 143rd Street (Manhattan), West 143rd Street in Harlem. It is one of the most expensive shopping streets in the world. Fifth Avenue carries Bidirectional traffic, two-way traffic from 142nd to 135th Street (Manhattan), 135th Street and carries one-way traffic southbound for the remainder of its route. The entire street used to carry two-way traffic until 1966. From 124th to 120th Street, Fifth Avenue is cut off by Marcus Garvey Park, with southbound traffic diverted around the park via Mount Morris Park West. Most of the avenue has a bus lane, though not a bike la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neiman Marcus
Neiman Marcus Group, Inc. is an American integrated luxury retailer headquartered in Dallas, Texas, which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. Since September 2021, NMG has been owned by a group of investment companies led by Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management. History 1907–1949 Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman, then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had $25,000 from the successful sales-promotion firm they had built in Atlanta, Georgia, and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
57th Street (Manhattan)
57th Street is a broad thoroughfare in the New York City borough of Manhattan, one of the major two-way, east-west streets in the borough's grid. As with Manhattan's other "crosstown" streets, it is divided into its east and west sections at Fifth Avenue. The street runs from a small park overlooking the East River in the east to the West Side Highway along the Hudson River in the west. 57th Street runs through the neighborhoods of Sutton Place, Midtown Manhattan, and Hell's Kitchen from east to west. 57th Street was created under the Commissioners' Plan of 1811. It was developed as a mainly residential street in the mid-19th century. The central portion of 57th Street was developed as an artistic hub starting in the 1890s, with the development of Carnegie Hall. The section between Fifth and Eighth Avenues is two blocks south of Central Park. Since the early 21st century, the portion of the street south of Central Park has formed part of Billionaires' Row, which contains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ladies' Mile Historic District
The Ladies' Mile Historic District was a prime shopping district in Manhattan, New York City at the end of the 19th century, serving the well-to-do "wikt:carriage trade, carriage trade" of the city. It was designated in May 1989, by the New York City Landmark Preservation Commission to preserve an irregular district of 440 buildings on 28 blocks and parts of blocks, from roughly 15th Street to 24th Street and from Park Avenue South to west of the Avenue of the Americas (Sixth Avenue). Community groups such as the Drive to Protect the Ladies' Mile District and the Historic Districts Council campaigned heavily for the status. The Ladies' Mile Historic District contains mostly multi-story store and Loft, loft buildings. These buildings became common after 1899 when laws prohibited combined home and production areas without a permit, causing people who had previously worked at home to seek commercial spaces; the rise of Trade union, unions which advocated for better working condition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midtown Manhattan
Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Building, the Chrysler Building, the Hudson Yards Redevelopment Project, the headquarters of the United Nations, Grand Central Terminal, and Rockefeller Center, as well as tourist destinations such as Broadway, Times Square, and Koreatown. Penn Station in Midtown Manhattan is the busiest transportation hub in the Western Hemisphere. Midtown Manhattan is the largest central business district in the world and ranks among the most expensive locations for real estate; Fifth Avenue in Midtown Manhattan commands the world's highest retail rents, with average annual rents at US in 2017. However, due to the high price of retail spaces in Midtown, there are also many vacant storefronts in the neighborhood. Midtown is the country's largest commercia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lockport (city), New York
Lockport is both a city and the town that surrounds it in Niagara County, New York. The city is the Niagara county seat, with a population of 21,165 according to 2010 census figures, and an estimated population of 20,305 as of 2019. Its name derives from a set of Erie Canal locks (Lock Numbers 34 and 35) within the city that were built to allow canal barges to traverse the 60-foot natural drop of the Niagara Escarpment. It is part of the Buffalo–Niagara Falls metropolitan area. History The New York State Legislature authorized the Erie Canal's construction in April 1816. The route proposed by surveyors was to traverse an area in central Niagara County, New York, which was then "uncivilized" and free of White settlers. At the time, the nearest settlers were in nearby Cold Springs, New York. Following the announcement, land speculators began to buy large plots along and near the proposed route of the canal. By December 1820, when the exact location of the step locks ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Jewish
American Jews or Jewish Americans are American citizens who are Jewish, whether by religion, ethnicity, culture, or nationality. Today the Jewish community in the United States consists primarily of Ashkenazi Jews, who descend from diaspora Jewish populations of Central and Eastern Europe and comprise about 90–95% of the American Jewish population. During the colonial era, prior to the mass immigration of Ashkenazi Jews, Sephardic Jews who arrived via Portugal represented the bulk of America's then-small Jewish population, and while their descendants are a minority today, they, along with an array of other Jewish communities, represent the remainder of American Jews, including other more recent Sephardi Jews, Mizrahi Jews, Beta Israel-Ethiopian Jews, various other ethnically Jewish communities, as well as a smaller number of converts to Judaism. The American Jewish community manifests a wide range of Jewish cultural traditions, encompassing the full spectrum o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downtown Manhattan
Lower Manhattan (also known as Downtown Manhattan or Downtown New York) is the southernmost part of Manhattan, the central borough for business, culture, and government in New York City, which is the most populated city in the United States with over 8.8 million residents as of the 2020 census. Lower Manhattan is defined most commonly as the area delineated on the north by 14th Street, on the west by the Hudson River, on the east by the East River, and on the south by New York Harbor. The Lower Manhattan business district, known as the Financial District (FiDi), forms the main core of the area below Chambers Street. It is a leading global center for commerce, housing Wall Street, the New York Stock Exchange, and the Federal Reserve Bank of New York. The city itself originated at the southern tip of Manhattan Island in 1624 at a point that now constitutes the present-day Financial District. The population of the Financial District alone has grown to an estimated 61,000 reside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Square (New York City)
Union Square is a historic intersection and surrounding neighborhood in Manhattan, New York City, located where Broadway and the former Bowery Road – now Fourth Avenue – came together in the early 19th century. Its name denotes that "here was the union of the two principal thoroughfares of the island". The current Union Square Park is bounded by 14th Street on the south, 17th Street on the north, and Union Square West and Union Square East to the west and east respectively. 17th Street links together Broadway and Park Avenue South on the north end of the park, while Union Square East connects Park Avenue South to Fourth Avenue and the continuation of Broadway on the park's south side. The park is maintained by the New York City Department of Parks and Recreation. Adjacent neighborhoods are the Flatiron District to the north, Chelsea to the west, Greenwich Village to the southwest, East Village to the southeast, and Gramercy Park to the east. Many buildings of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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