August 15, 1995 |
Allen I. Questrom, who made his mark as a top retailing executive a decade ago while running the Los Angeles-based Bullock's chain, is making another bold impression in California: He's thinning out his competition. Questrom is now chairman and chief executive of Federated Department Stores Inc., the giant department store holding company headquartered in Cincinnati that agreed Monday to buy ailing Broadway Stores Inc., an 83-store chain based in Los Angeles.
February 13, 1990 |
Allen I. Questrom, the corporate turnaround artist who was handed a $12-million contract to rescue Campeau Corp.'s giant department store divisions, has triggered a $19-million dispute: His old employer, Neiman Marcus, is seeking damages from his new bosses for luring him away. The retailing industry was jolted Feb. 2 when Questrom, 49, was named chairman and chief executive of Campeau's Federated Department Stores and Allied Stores units.
February 3, 1990 |
Allen I. Questrom, the retailing executive credited with revitalizing such chains as Neiman Marcus and Bullock's, on Friday was named chairman and chief executive of Campeau Corp.'s bankrupt department store divisions. To take the job, he was given a signing bonus of $2 million and was guaranteed pay of at least $2 million annually for five years.
August 13, 1988 |
Allen I. Questrom, the highly regarded former chairman of Bullock's and Bullocks Wilshire, on Friday was formally named president and chief executive of Neiman Marcus, the prestigious Dallas-based specialty store chain. At the same time, Richard C. Marcus, grandson of one of the chain's co-founders, announced his resignation as chairman and chief executive.
January 17, 1997 |
Federated Department Stores Chairman and Chief Executive Allen Questrom, who steered the company out of bankruptcy and its Macy's chain to Southern California, surprised the retail world Thursday by announcing plans to resign. Questrom, 57, will leave in May and turn the company over to James M. Zimmerman, Federated's president and chief operating officer, who played a key role in the company's turnaround.
March 22, 1987
Bullock's Department Stores announced that Frank Doroff has been named executive vice president for merchandising, stores and sales promotion, reporting to Allen I. Questrom, chairman and CEO. Doroff, 37, joined Bullock's in 1983 as senior vice president of ready-to-wear merchandise. Questrom and James E. Gray, president of Bullock's will continue to be responsible for overseeing the operations of the Bullock's Wilshire stores.