The Broadway
Автор: Speaking Videos
Загружено: 2019-04-29
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The Broadway
The Broadway was a mid-level department store chain headquartered in Los Angeles, California, United States Founded in 1896 by English born Arthur Letts, Sr,1 who later went on to develop Holmby Hills, The Broadway became one of the dominant retailers in Southern California and the Southwest In 1950, the company merged with Sacramento-based Hale Brothers to form Broadway-Hale Stores
The Broadway bought out competitors in Los Angeles BH Dyas, Millirons, and Coulters, San Diego Marstons, and Phoenix Korricks In later years The Broadway opened stores in Nevada Las Vegas, New Mexico, and Colorado In 1979, it was split into two divisions: The Broadway Southern California, based in Los Angeles; and Broadway Southwest, headquartered in Phoenix for the non-California stores
The Broadways parent Carter Hawley Hale Stores ran into financial difficulties which resulted from poor management decisions and hostile takeover attempts In 1996 the chain was acquired by Federated Department Stores and the majority of locations were converted to the Macys nameplate Several stores in affluent arethe broadway, the broadway comedy club, the broadway theatre, the broadway hotel, the broadway store, the broadway melody The Broadway
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