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La Cumbre Plaza
La Cumbre Plaza is an outdoor shopping center located in Santa Barbara, California Santa Barbara ( es, Santa Bárbara, meaning "Saint Barbara") is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coas .... The first property built by The Hahn Company, La Cumbre Plaza opened in 1967 and was purchased by Macerich in 2004. Macerich now holds a long-term lease, which goes through 2077 without ownership of the . The shopping center spans and is anchored by a Macy's. History La Cumbre Plaza opened in 1967 with anchors Sears and J.W. Robinson's. Robinson's changed nameplates twice in its history, first becoming Robinsons-May in 1993, then Macy's in 2006 due to the merger of Federated Stores, Federated and May Department Stores. In the mid-2000s Macerich embarked on a remodel that added upscale retailers including Williams Sonoma, Tiffany & Co., Louis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Barbara, California
Santa Barbara ( es, Santa Bárbara, meaning "Saint Barbara") is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coast of the United States, the city lies between the steeply rising Santa Ynez Mountains and the Pacific Ocean. Santa Barbara's climate is often described as Mediterranean climate, Mediterranean, and the city has been dubbed "The American Riviera". According to the 2020 United States census, U.S. Census, the city's population was 88,665. In addition to being a popular tourist and resort destination, the city has a diverse economy that includes a large service sector, education, technology, health care, finance, agriculture, manufacturing, and local government. In 2004, the service sector accounted for 35% of local employment. Education in particular is well represented, with four institutions of higher learning nearby: the University of Calif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hahn Company
The Hahn Company, San Diego, California, alternately known as Ernest W. Hahn, Inc., was a major American shopping center owner and developer from the 1950s to the 1980s. Purchased by the Trizec Corp. in 1980 (which then took the name TrizecHahn), it became defunct. Corporate history The company was founded and managed by Ernest W. Hahn (1919–1992). During its 30 years of existence the company built 45 shopping malls in 18 states, from Florida to Oregon. Their first major project was the regional shopping mall La Cumbre Plaza in Santa Barbara, California, which opened in 1967. Hahn went on to become the largest mall builder in the West. The innovative Horton Plaza mall in Downtown San Diego, which opened in 1985, helped lead the rejuvenation of the city's downtown area. It was the first successful downtown retail center since the rise of suburban shopping centers decades earlier. Hahn had previously built the Fashion Valley and Parkway Plaza malls in San Diego. In 1980 Trizec C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macerich
Macerich ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 properties comprising 50 million square feet of leasable area. The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen. History The company traces its antecedents to the MaceRich Real Estate Company founded in New York in 1964 by ''Mace Siegel'' and ''Richard Cohen'' who combined their first names to name their company. In 1994, the company became a public company via an initial public offering. In 2002, Macerich acquired Phoenix, Arizona-based Westcor for $1.475 billion. The purchase added 9 properties to Macerich's portfolio making them the largest mall owner in the Phoenix Metropolitan Area. In 2005, the company acquired most of Rochester, New York-based Wilmorite Properties's portfolio for $2.333 billion, adding 11 shopping ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macy's
Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007. As of 2015, Macy's was the largest U.S. department store company by retail sales. Macy's as of October 29, 2022, has 510 stores (569 boxes), inclusive of 445 department stores (499 boxes; includes 51 stores or 55 boxes that are neighborhood stores), 46 furniture galleries (51 boxes), 1 furniture clearance center, 9 freestanding Backstage stores, 7 Market by Macy's and 2 stores converted to fulfillment centers (there are a total of 506 full line stores and a total of 551 stores) with the Macy's nameplate in operation throughout the United States. Its flagship store is located at Herald Square in the New York City borough of Manhattan. The com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sears
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 discount chain 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 Sears Tower in Chicago from 1973 until 1995, and is currently headquartered in Hof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robinsons-May
Robinsons-May was a chain of department stores operating in Southern California, Arizona and Nevada, from 1993 until 2006. It was created when May Department Stores combined two of its chains, May Company California and J. W. Robinson's chains. Its headquarters was at the former May Company California headquarters at its Laurel Plaza store in North Hollywood, Los Angeles. When Federated took over May Department Stores Company on August 30, 2005, Robinsons-May was dissolved, with some stores becoming branches of Macy's, while others were closed, sold, or transformed into branches of Bloomingdale's. Robinsons-May had 45 stores. History May Company and JW Robinson's The double-barreled Robinsons-May name was created in 1993 when the former May Company California was consolidated with their corporate sibling JW Robinson's. May Department Stores had acquired Robinson's with its 1986 acquisition of Associated Dry Goods Corp. J. W. Robinson's had been acquired by Associated Dry Go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federated Stores
Macy's, Inc. (originally Federated Department Stores, Inc.) is an American conglomerate holding company. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the following year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over the department store chain Macy's. With the acquisition of The May Department Stores Company in 2005, the regional nameplates were retired and replaced by the Macy's and Bloomingdale's brands nationwide by 2006. Ultimately, Federated itself was renamed Macy's, Inc. in 2007. Macy's, Inc., has been headquartered within Macy's Herald Square in New York City since 2020; beforehand, its headquarters was in Cincinnati, Ohio. While Federated had a long history of preserving brand identities in each of their markets since its incep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
May Department Stores
The May Department Stores Company was an American department store holding company, formerly headquartered in downtown St. Louis, Missouri. It was founded in Leadville, Colorado, by David May in 1877, moving to St. Louis in 1905. After many changes in the retail industry, the company merged with Federated Department Stores (now Macy's, Inc.) in 2005. This company was only a holding company that bought, sold, and merged regional department stores, such as Foley's and L.S. Ayres. During most of its history, the operations of the various divisions were kept separate and had their own buyers and credit cards. The latter were not accepted at other May-owned stores. At times, two different May stores operated in the same geographical market, but they were aimed at different customers. Most decisions for each of the regional store companies were made by management at the local headquarters and not by the holding company in St. Louis. Some of the regional stores shared names that were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiffany & Co
Tiffany & Co. (colloquially known as Tiffany's) is a high-end luxury jewelry and specialty retailer, headquartered on Fifth Avenue in Manhattan. It sells jewelry, sterling silver, porcelain, crystal, stationery, fragrances, water bottles, watches, personal accessories, and leather goods. Tiffany is known for its luxury goods, particularly its diamond and sterling silver jewelry. These goods are sold at Tiffany stores, online, and corporate merchandising. Its name and branding are licensed to Coty for fragrances and to Luxottica for eyewear. Tiffany & Co. was founded in 1837 by the jeweler Charles Lewis Tiffany and became famous in the early 20th century under the artistic direction of his son Louis Comfort Tiffany. In 2018 net sales totaled US$4.44 billion. In 2019 Tiffany operated 326 stores globally in countries such as the United States, Japan, and Canada, as well as Europe, the Latin America and Pacific Asia regions. On January 7, 2021, French multinational LVMH Moà ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Vuitton
Louis Vuitton Malletier, commonly known as Louis Vuitton (, ), is a French high-end Luxury goods, luxury fashion house and company founded in 1854 by Louis Vuitton (designer), Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury bags and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses and books. Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end department stores, departmental stores, and through the e-commerce section of its website. For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. The company operates in 50 countries with more than 460 stores worldwide. History Founding to World War II The Louis Vuitton label was founde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ruth's Chris Steak House
Ruth's Chris Steak House is a chain of over 100 steakhouses across the United States, Canada and Mexico. On May 22, 2008, the company underwent rebranding and became part of Ruth's Hospitality Group after its acquisition of Mitchell's Fish Market. The group's headquarters are in Winter Park, Florida. History The original Chris Steak House (1927–1965) Chris Steak House was founded on February 27, 1927 by New Orleans entrepreneur Chris Matulich. It was located at 1100 North Broad Street near the Fair Grounds Race Course, seated 60 people, and had no parking lot. During Matulich's 38-year management, the business was sold six times, failing each time, and enabling him to buy the restaurant back cheaply from the purchasers. The building has recently been the focus of a historic preservation dispute under its new owner, who demolished the iconic wraparound terracotta-tile awning in April 2022 without the proper permits. Ownership by Ruth Fertel, 1965–1999 Acquisition, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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