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Allen I Questrom

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BUSINESS
December 24, 2000 | Abigail Goldman
Will New Penney's Chief Fashion a New Look? Fashion? At Penney's? Don't be too surprised--the company's dapper new chief executive, Allen I. Questrom, has led the fanciest of fancy department stores. Among his previous gigs: heading Barneys New York, Neiman Marcus Group Inc. and the whole stable of Federated Department Stores Inc. Penney's, the nation's second-largest department store with fiscal 2000 sales of $32.5 billion, reached a stock high of $75 in 1998. Since then, however, J.C.
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BUSINESS
December 24, 2000 | Abigail Goldman
Will New Penney's Chief Fashion a New Look? Fashion? At Penney's? Don't be too surprised--the company's dapper new chief executive, Allen I. Questrom, has led the fanciest of fancy department stores. Among his previous gigs: heading Barneys New York, Neiman Marcus Group Inc. and the whole stable of Federated Department Stores Inc. Penney's, the nation's second-largest department store with fiscal 2000 sales of $32.5 billion, reached a stock high of $75 in 1998. Since then, however, J.C.
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BUSINESS
February 16, 1990 | From Associated Press
Federated-Allied department store executives told creditors Thursday that the companies didn't deceive them about the financial crisis that precipitated the biggest bankruptcy filing in retailing history. But the executives said they doubted that all of the $7.7 billion in debt listed in their bankruptcy filings would be fully repaid. Much of the debt resulted from the junk bond-financed takeovers of Federated Department Stores Inc. and Allied Stores Corp. last decade by the Campeau Corp.
BUSINESS
January 17, 1997 | GEORGE WHITE, TIMES STAFF WRITER
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.
BUSINESS
August 15, 1995 | JAMES F. PELTZ, TIMES STAFF WRITER
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.
BUSINESS
February 13, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
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.
BUSINESS
February 3, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
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.
BUSINESS
August 13, 1988 | MARTHA GROVES, Times Staff Writer
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.
BUSINESS
January 17, 1997 | GEORGE WHITE, TIMES STAFF WRITER
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.
BUSINESS
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.
BUSINESS
August 15, 1995 | JAMES F. PELTZ, TIMES STAFF WRITER
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.
BUSINESS
February 16, 1990 | From Associated Press
Federated-Allied department store executives told creditors Thursday that the companies didn't deceive them about the financial crisis that precipitated the biggest bankruptcy filing in retailing history. But the executives said they doubted that all of the $7.7 billion in debt listed in their bankruptcy filings would be fully repaid. Much of the debt resulted from the junk bond-financed takeovers of Federated Department Stores Inc. and Allied Stores Corp. last decade by the Campeau Corp.
BUSINESS
February 13, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
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.
BUSINESS
February 3, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
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.
BUSINESS
August 13, 1988 | MARTHA GROVES, Times Staff Writer
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.
BUSINESS
January 23, 1988
Federated Department Stores Inc. announced changes in top management positions at its Los Angeles-based Bullock's/Bullocks Wilshire department store division. James E. Gray, current president of Bullock's, has been named chairman and chief executive of Bullock's/Bullocks Wilshire. He succeeds Allen I. Questrom, who was appointed a vice chairman of Federated earlier this month. Frank Doroff, now executive vice president of Bullock's, will succeed Gray as president of Bullock's.
BUSINESS
April 4, 1990 | STUART SILVERSTEIN
Federated Stores Inc., the parent of Ralphs Grocery Co. and such department store chains as Bloomingdale's, has named four independent directors to its board. Three of the new directors are retired chief executives: Robert A. Charpie, the former chairman of Cabot Corp.; Reginald H. Jones, who headed General Electric Co., and John K. McKinley, who led Texaco Inc. The fourth new director is Lyle Everingham, the current chairman and chief executive of Kroger Co.
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