Gimbels

Early history The company was founded by a young Bavarian Jewish immigrant, Adam Gimbel, who opened a general store in Vincennes, Indiana. After a brief stay in Danville, Illinois, Gimbel relocated in 1887 to Milwaukee, Wisconsin, Gimbels became so successful that in 1922 the chain went public, offering shares on the New York Stock Exchange (though the family retained a controlling interest). The stock sales provided capital for expansion, starting with the 1923 purchase of across-the-street rival Saks & Co., acquiring WCAE in the deal. Although expansion spurred talk of the stores becoming a nationwide chain, the Great Depression ended that prospect. Gimbel did increase the number of more upscale (and enormously profitable) Saks Fifth Avenue stores in the 1930s, opening branches in Chicago, Boston and San Francisco. Success By 1930, Gimbels had seven flagship stores throughout the country and sales of $123 million ($ billion today) across 20 stores; this made Gimbel Brothers Inc. the largest department store corporation in the world. In 1962, Gimbels acquired Milwaukee competitor Schuster's, and in that region operated stores from both chains for a while as '''Gimbels Schuster's'''. By 1965, Gimbel Brothers Inc. consisted of 53 stores throughout the country, which included 22 Gimbels, 27 Saks Fifth Avenue stores, and four Saks 34th St. Merchandise Gimbels Department Store offered a variety of merchandise and products, including home appliances, outdoor equipment, furniture, clothing, and much more. With multiple floors in its flagship stores, each floor offered a given category of merchandise. The Philadelphia Gimbels specifically offered fine jewelry, men's clothing, women's clothing, children's clothing, furniture, toys, art supplies, and appliances for the house. This store also contained The Gimbel Auditorium, Television Headquarters, a salon, and music center. With a wide variety of options Gimbels was a one-stop shop that made shopping easy and accessible. Publicity Despite its limited presence, Gimbels was well-known nationwide, in part because of the carefully cultivated rivalry with Macy's, but also thanks to an endless stream of publicity. The New York store received considerable attention as the site of the 1939–1940 sale of art and antiquities from the William Randolph Hearst collection. Gimbels also gained publicity through appearances in the 1947 film Miracle on 34th Street and the 1967 film Fitzwilly; it also made an appearance in the 2003 film Elf, long after the chain had ceased to exist. Gimbels was also frequently mentioned as a shopping destination of Lucy Ricardo and Ethel Mertz on the hit 1950s TV series I Love Lucy. The Slinky made its debut at the northeast Philadelphia Gimbels store. The Philadelphia Gimbels was also the first department store in the world to move customers from floor to floor via the escalator. Gimbels Thanksgiving Day Parade The idea of a department-store parade originated in 1920 with Gimbels Department Store in Philadelphia with the parade now known as the 6abc Dunkin' Donuts Thanksgiving Day Parade. The Gimbel family saw the parade as a way to promote holiday shopping at its various store locations. Macy's did not start a parade until 1924. When Gimbels ceased operating in 1986, television station WPVI assumed responsibility for the parade, with sponsorship by Reading, Pennsylvania–based Boscov's. Currently, Dunkin' Donuts is the chief sponsor of the parade. Brown & Williamson also owned Marshall Field's (purchased in 1982), Frederick & Nelson, The Crescent stores, and Kohl's (purchased in 1972). Deciding that Gimbels was a marginal performer with little potential for increased profitability, BATUS in 1986 decided to close its Gimbels division and sell its store properties. Some of the more attractive branches were taken over by Stern's (Allied Stores), Pomeroy's (Allied Stores), Kaufmann's (May Department Stores), or Boston Store. The cornerstone of the chain, the downtown Milwaukee store where Adam Gimbel had first found success (and supposedly the most profitable Gimbel store), was handed to BATUS sister division Marshall Field's, but eventually closed in 1997. == Store divisions ==

Gimbels flagship stores were located in New York City, Philadelphia, Pittsburgh, Milwaukee. New York flagship store The Gimbels New York City flagship store was located in the cluster of large department stores that surrounded Herald Square, in Midtown Manhattan. Designed by architect Daniel Burnham, the structure, which once offered of sales space, has since been modernized and entirely revamped. When this building opened, on September 29, 1910, a major selling point was its many doors leading to the Herald Square New York City Subway station. Due to such easy access, by the time Gimbels closed in 1986, this store had the highest rate of "shrinkage", or shoplifting losses, in the world. Doors also opened to a pedestrian passage under the south side of 33rd Street, connecting Penn Station to the 34th Street (New York City Subway) and 33rd Street (PATH) stations. This passageway was closed in the 1990s for security reasons during a period of high crime. The structure was converted in 1989 to A&S Plaza, a mall named for its anchor department store, a midtown branch of Brooklyn's A&S. The store became a Stern's in 1995, and the mall was renamed Manhattan Mall. The anchor store closed in 2001 and the space was subdivided within the mall, while the upper levels were converted to offices. A new JCPenney anchor store opened in 2009, in the lower two levels. That anchor store closed in 2020 and by 2021 all stores in the mall had closed, and the building served only as office space. The building that housed a Gimbels branch at 86th Street and Lexington Avenue remains, but has been converted to apartments. Philadelphia flagship The Philadelphia flagship opened in 1893 when the Gimbel brothers bought the bankrupt Haines and Company dry goods store at Ninth and Market Streets. The store gradually expanded eastward to Eighth Street. In 1927 an extension south to Chestnut Street was completed and the store now comprised an entire city block, making it for a time the largest department store in the world. The Gallery location closed in 1986. In 2002, another redevelopment changed the building to offices, and is now home to the Heinz 57 Center. In 1997, it was added to the list of historic landmarks by the Pittsburgh History and Landmarks Foundation. Relationship to Saks Saks was founded by Horace Saks in New York City. In 1923, Gimbels purchased Saks, which became a subsidiary of Gimbel Brothers, Incorporated, a publicly traded company. Adam Long Gimbel, grandson of the founder of Gimbels, Adam Gimbel, turned Saks into a national brand. In 1973, Brown & Williamson, who later formed BATUS Inc., acquired Gimbel Bros. and the Saks Fifth Avenue brand. BATUS closed Gimbels in 1986, Historical Marker, Vincennes, Indiana ==Gallery==

File:Gimbels with Hearst antique NYWTS.jpg|Adam, Frederic, and Bernard Gimbel File:Gimbels LOC4a18217v (cropped).jpg|Philadelphia store, c.1910 File:1910 Gimbels advertisements - The New York Times - GIF.gif|Display advertisements announcing the 1910 opening of the New York flagship store Image:Gimbels_Interior.jpg|Interior of the New York Gimbels flagship store, 1950, following remodeling by designer Raymond Loewy File:3126-Greeley Square.JPG|The New York flagship location, now 100 West 33rd Street, is on the right File:Manhattan Mall - from 86th floor of the Empire State Building (3810422070).jpg|The New York flagship location, now Manhattan Mall, seen from the Empire State Building File:New York (6035571938).jpg|The New York flagship location in 2008 File:Manhattan Mall renovation jeh.jpg|The Manhattan Mall now occupies the former Gimbels location in Midtown Manhattan File:West 32nd Street skybridge.jpg|Historic Art Deco triple-deck skybridge over 32nd St that once connected the New York Gimbels flagship store with Saks-34th Street, also owned by the chain File:Heinz57Center.jpg|The Heinz 57 Center, formerly the Gimbel Brothers Department Store, built in 1914, located at 339 Sixth Avenue in Pittsburgh, Pennsylvania File:Pittsburgh, Pennsylvania (8483677416).jpg|The iconic clock outside the Gimbels flagship in Pittsburgh File:Milwaukee Riverwalk.jpg|The former Milwaukee flagship, the large white building on the left File:2010 Milwaukee River Iroquois.jpg|Riverboat passing the former Milwaukee flagship location == References ==