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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 busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neiman Marcus Building
The Neiman Marcus Building is a historic commercial structure located in the Main Street District in downtown Dallas, Texas (USA). It is the corporate headquarters and flagship store of Neiman Marcus. It is the last of the original department stores still serving downtown Dallas. It is listed on the National Register of Historic Places as a contributing property of the Dallas Downtown Historic District. History The building was designed for Neiman Marcus to replace its previous store on Elm Street which burned in 1913. Designed to be fireproof and accommodate additional floors as needed, the red brick and white stone building opened in 1914 with four floors at the corner of Main and Ervay. In 1926, the company leased adjacent land and an identical four-story addition extended the store facing Ervay to Commerce Street that it completed in 1927. This addition, designed by architect George Dahl, doubled the retail space, replaced the exterior brick veneer with white terra cotta, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herbert Marcus
Herbert Marcus (September 6, 1878 – December 11, 1950) was one of the co-founders of Neiman Marcus, and later became its chief executive officer. Biography Born to a Jewish family in Kentucky, Marcus moved to Hillsboro, Texas after dropping out of high school to work and live near his brother Theodore, his three sisters and his parents. His various retail, sales and janitorial positions helped him escape the economic hardships of life in Kentucky. He moved to Dallas, Texas in 1899 and married Minnie Lichtenstein, the mother of his four sons, in 1902. They moved to Atlanta with his sister Carrie and her husband Abraham Lincoln Neiman to work for The Coca-Cola Company. Their success was rewarded with a buyout of $25,000 in exchange for giving up the sales territories in Kansas and or Missouri of the nascent soft drink concern. This $25,000 enabled the Neiman and Marcus families to establish Neiman Marcus in Dallas in 1907. Neiman-Marcus specialized in ready made high quality ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carrie Marcus Neiman
Carrie Marcus Neiman (May 3, 1883 – March 6, 1953) was an American businesswoman and one of the co-founders of Neiman Marcus, a luxury department store. Early life Carrie Marcus was born in Louisville, Kentucky to German-Jewish immigrants Delia (Bloomfield) and Jacob Marcus. Jacob was a cotton broker, a fairly common occupation in the South. In 1895 the family moved to Hillsboro, Texas.Hinnershitz, Stephanie"Carrie Marcus Neiman."In ''Immigrant Entrepreneurship: German-American Business Biographies, 1720 to the Present'', vol. 4, edited by Jeffrey Fear. German Historical Institute. Last modified October 10, 2013. Carrie did not receive a formal education but was educated at home in a European milieu, reading German newspapers and studying European fashion magazines. In 1899, she followed her older siblings to Dallas, where she worked as a saleswoman at A. Harris and Company, a local department store, and became a top salesgirl. She met Abraham Lincoln "Al" Neiman in Dallas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta, Georgia
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanger Brothers
Sanger may refer to: Places Romania * Sânger, a commune in Mureș County United States * Sanger, California, a city * Sanger, North Dakota, a ghost town * Sanger, Texas, a city * Sanger, West Virginia, an unincorporated community People * Sanger (surname), including a list of people with the name Other uses * Wellcome Trust Sanger Institute, a genome research centre in Cambridgeshire, England * Sanger (fortification) or sangar, a small temporary fortified position * Sandwich A sandwich is a food typically consisting of vegetables, sliced cheese or meat, placed on or between slices of bread, or more generally any dish wherein bread serves as a container or wrapper for another food type. The sandwich began as a po ..., colloquially called a "sanger" in Australian and Scottish English See also * Sanger-Harris, a former department store * * * Sänger (other) {{disambiguation, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous runs on banks and on trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops. The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When that bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a week ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sixth Street Partners
Sixth Street (formerly known as TSSP) is a global investment firm with $60 billion in assets under management. The firm operates nine investment platforms across its growth investing, adjacencies, direct lending, fundamental public strategies, infrastructure, special situations, agriculture and par liquid credit businesses. Sixth Street invests in the equity and debt of public and private companies, acquires real estate, finances infrastructure projects, and provides start-up capital to new businesses. Sixth Street has been noted in the financial media for the unusual structure of its largest fund, which is open-ended and able to hold longer-term investments. Notable investments FC Barcelona In July 2022, Sixth Street acquired rights to 25% of FC Barcelona's income from LaLiga TV over the next 25 years. The deal was worth €207.5 million for the initial 10% stake and an additional €310 million for the other 15%. San Antonio Spurs In June 2021, Sixth Street a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neiman Marcus Flagship Interior
Neiman is a surname. It may refer to: *Abraham Lincoln Neiman (1875–1970) *Carrie Marcus Neiman (1883–1953) *David Neiman (1921–2004), Russian-American rabbi, archaeologist, and historian *Joan Neiman (1920–2022), Canadian politician from Ontario *LeRoy Neiman (1921–2012), American artist *Mikhail Samoilovich Neiman (1905–1975), Soviet physicist *Nancy Neiman (born 1933), American cyclist * Richard H. Neiman (contemporary), American businessman; head of the New York State Department of Banking *Susan Neiman (born 1955), American-German moral philosopher and author *Tanya Neiman (1949–2006), American lawyer *Troy Neiman (born 1990), American baseball player *Yulia Neiman (1907–1994), Russian poet and translator See also *Nieman (surname) Nieman is a Dutch and Low German surname that originated as a nickname for either an unknown or nameless person (''Niemand'' in Dutch and German) or a newcomer to a place (modern Dutch ''nieuw man'', cognate to English Newman and H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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