Arrowhead Towne Center
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Arrowhead Towne Center
Arrowhead Towne Center, often referred to by locals as Arrowhead Mall, is a super-regional shopping mall located in Glendale, Arizona (west suburban Phoenix). The mall is owned by Macerich & GIC Private Limited. It is anchored by Macy's, Dillard's, JCPenney, and Dick's Sporting Goods. The mall was previously anchored by Sears and Forever 21. The mall includes an AMC Theatres and is home to 180 tenants. Arrowhead also serves as a transit center for Valley Metro Bus. History The mall opened in October 1993 on land formerly occupied by an orange grove, located at Bell Road and 75th Avenue, and was jointly developed and owned by Westcor and General Growth Properties (the former which owned a two-thirds share and managed the mall, and the latter which owned a one-third share). The Weitz Company, Inc. was general contractor who built the mall. When opened the mall was anchored by Robinsons-May, Montgomery Ward, Mervyn's, J. C. Penney, Dillard's, and an empty anchor pad that was not ...
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Glendale, Arizona
Glendale () is a city in Maricopa County, Arizona, Maricopa County, Arizona, United States, located approximately northwest of Downtown Phoenix. As of the 2020 United States census, 2020 census, it had a population of 248,325. History In the late 1800s the area that is now Glendale was all desert. William John Murphy, a native of New Hartford, New York, who resided in the town of Flagstaff, Arizona, Flagstaff in what was then the territory of Arizona, was in charge of building the Arizona Canal from Granite Reef to New River for the Arizona Canal Company. In 1885, he completed the canal, which would bring water to the desert land. Murphy was deep in debt, since he had agreed to be paid in Arizona Canal Company stock and bonds and land instead of cash. In 1887, Murphy formed the Arizona Improvement Company. His objective was to sell the land and water rights south of the canal. Murphy raised capital from out of state sources in order to meet payroll and construction expenses. ...
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General Growth Properties
GGP Inc. (an initialism of General Growth Properties) was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa in 1954, and was headquartered in Chicago, Illinois from 2000. It was subject to the largest real estate bankruptcy in American history at the time of its filing in 2009. GGP was acquired by Brookfield Property Partners, and management of its portfolio was transferred to Brookfield Properties, in 2018. Its portfolio included 125 properties comprising approximately in 40 U.S. states at the time of its acquisition, ranking behind only Simon Property Group in total square footage. History 20th century General Growth was founded in Iowa by three brothers, Martin, Matthew and Maurice Bucksbaum, in 1954 as General Management. That year, they borrowed $1.2 million to develop their first shopping center, Town & Country Shopping ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Sears Holdings
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transform Holdco LLC and after that, Sears Holdings Corporation was closed. History 2004–2005: Formation On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co. under a new corporation. Kmart previously emerged from Chapter 11 bankruptcy protection on May 6, 2003. The new corporation became known as Sears Holdings Corporation, simply known as Sears Holdings. The new corporation announced that it would continue to operate stores under both the Sear ...
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Scottsdale Fashion Square
Scottsdale Fashion Square is an upscale luxury shopping mall located in the downtown area of Scottsdale, Arizona. It is the largest shopping mall in Arizona with approximately of retail space, and is among the top 30 largest malls in the country. It has consistently been one of the most profitable malls in the United States, being ranked in 2016 as the second highest sales per square foot mall in the country, and as of 2016, it was ranked in the top 25 most visited malls in the country by '' Travel + Leisure'' magazine. The mall is located on the northwest corner of Scottsdale Road and Camelback Road in Scottsdale, Arizona, and has been owned by Westcor, a subsidiary of Macerich, since 2002. History During the 1930s and 1940s, the land which would become the Scottsdale Fashion Square was too far from the established Scottsdale and Phoenix business areas to be considered valuable. A Ryan-Evans drug store was the only retail establishment on the site. During the 1940s the 40-ac ...
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Biltmore Fashion Park
The Biltmore Fashion Park is an outdoor retail and dining mall located in the Biltmore District of Phoenix, Arizona, along East Camelback Rd. The Biltmore Fashion Park, as well as the surrounding business and residential district, are named after the historic Arizona Biltmore Hotel, nearby. History Biltmore Fashion Park opened on of land in what was once considered "the outskirts" of Phoenix, in 1963. Anchored at that time by San Francisco's upscale I. Magnin, Saks Fifth Avenue and The Broadway, which opened in 1968, it was the city's original luxury shopping and dining destination. The mall was designed by Welton Becket and Associates and built by the Chanen Construction Company. The original Saks Fifth Avenue featured native stone walls and concrete Native American hieroglyphics. The Broadway Building which was the first expansion of the mall was designed by Charles Luckman and built by the Del E. Webb Corporation in 1968. During the 1960s and 1970s, The Gittings Portrait S ...
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Apple Store
The Apple Store is a chain of Retail, retail stores owned and operated by Apple Inc. The stores sell various Apple products, including Macintosh, Mac personal computers, iPhone smartphones, iPad tablet computers, Apple Watch smartwatches, Apple TV digital media players, software, and both Apple-branded and selected third-party accessories. The first Apple Stores were originally opened as two locations in May 2001 by then-CEO Steve Jobs, after years of attempting but failing store-within-a-store concepts. Seeing a need for improved retail presentation of the company's products, he began an effort in 1997 to revamp the retail program to get an improved relationship with consumers and hired Ron Johnson (businessman), Ron Johnson in 2000. Jobs relaunched Apple's online store in 1997 and opened the first two physical stores in 2001. The media initially speculated that Apple would fail, but its stores were highly successful, bypassing the sales numbers of competing nearby stores and w ...
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Coach, Inc
Coach New York, commonly known as Coach, is an American fashion house specializing in leather handbags, luggage, and accessories, as well as ready-to-wear. Coach licenses its name and branding to Luxottica for eyewear and Paris-based Interparfums for fragrances. Stuart Vevers has been the executive creative director since 2013. It is the main subsidiary of Tapestry, Inc., formerly known as Coach, Inc. History 1941–1985 Coach was founded in 1941 as a family-run workshop in a loft on 34th Street (Manhattan), 34th Street in Manhattan, with six leather-workers who made wallets and billfolds by hand. In 1946, Miles Cahn (1921–2017) and his wife Lillian (1923–2013) joined the company. Miles and Lillian Cahn were owners of a leather handbag manufacturing business and were knowledgeable about leatherworks and business. By 1950, Cahn had taken over the company. During the early years, Cahn noticed the distinctive properties and qualities of the leather used to make baseball g ...
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Swarovski
Swarovski (, ) is an Austrian producer of glass based in Wattens, Austria, and has existed as a family-owned business since its founding in 1895 by Daniel Swarovski. The company is split into three major industry areas: the Swarovski Crystal Business, which primarily produces crystal glass, jewelry and accessories; Swarovski Optik, which produces optical instruments such as telescopes, telescopic sights for rifles, and binoculars; and Tyrolit, a manufacturer of grinding, sawing, drilling, and dressing tools, as well as a supplier of tools and machines. Today, the Swarovski Crystal Business is one of the highest grossing business units within Swarovski, with a global reach of approximately 3,000 stores in roughly 170 countries, more than 29,000 employees, and a revenue of about 2.7 billion euros (in 2018). Swarovski is now run by the fifth generation of family members. It has been announced, however, that for the first time in the company's key history, senior management p ...
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Sephora
Sephora is a French multinational retailer of personal care and beauty products. Featuring nearly 340 brands, along with its own private label, Sephora Collection, Sephora offers beauty products including cosmetics, skincare, body, fragrance, nail color, beauty tools, body lotions and haircare. The company was founded in Limoges in 1969 and is currently based in Neuilly-sur-Seine, France. Sephora is owned by luxury conglomerate LVMH as of 1997. The name comes from the Greek word meaning beauty, ''sephos'', and the Greek spelling of Zipporah ( el, Σεπφώρα, ''Sepphōra''), wife of Moses, described in midrash, aggadah and Targum Onkelos as beautiful. History Sephora was first launched in Paris in August 1970. It was acquired by ''Dominique Mandonnaud'' in 1993, who merged the purchase with his own perfume chain under the Sephora brand. Mandonnaud is credited for designing and executing Sephora's "assisted self-service" sales experience, which separated itself from standa ...
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Superstition Springs Center
Superstition Springs Center is a shopping mall located in Mesa, Arizona. It is owned by Macerich, and was developed by Westcor. The mall features the traditional retailers Dillard's, JCPenney, and Macy's in addition to an 8-screen Picture Show. The mall features prominent specialty retailer such as Buckle, Tillys, Hollister, Charlotte Russe, BoxLunch, and See's Candies. The mall features an outdoor amphitheatre and a fountain that converts into a stage featuring free concerts from May to August on Saturday evenings. The mall also serves as a transit center for Valley Metro Bus. History Superstition Springs Center was built and completed in 1990, and was jointly developed and owned by Westcor and General Growth Properties. The original architect was Rafique Islam. The Weitz Company, Inc. was the general contractor. When it first opened, most of the area surrounding the mall was open fields. At the time, it rested at the end of a freeway ( U.S. Route 60), and was considere ...
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Sears And Roebuck
Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American Big-box store, big box discount chain Kmart (United States), Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Willis Tower, Sears Tower in Chicago from 1973 ...
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