June 26, 1991 |
Carson Mall Broadway Store to Close: Its parent, Carter Hawley Hale Stores, said it will close the store at Carson Mall by September, leaving the West's largest retailer with 88 Broadway, Broadway Southwest, Emporium and Weinstocks stores. Carter Hawley Hale has filed for protection from its creditors and is reorganizing under Chapter 11 of the federal bankruptcy laws. It said it hoped to find jobs in the company for as many of the Carson store's 117 workers as possible.
February 15, 1991 |
Unless devotees of the Broadway have been hiding under a rock, they undoubtedly know that the department store's debt-laden owner has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. This doesn't mean that customers suddenly will be seeing padlocks on the doors or signs screaming "Lost Our Lease! Forced to Liquidate! Everything Must Go!"
August 23, 1987 |
The Broadway has cornered the market on a dust-busting product. Thanks to an unplanned influx of orders, the company said it has more than 1,300 cases of computer cleaning kits containing thousands of cans of "canned air," a pressurized product used to blow dust off computer parts. The cost: an estimated $186,000. That's the figure given by a former Broadway employee who pleaded not guilty Aug. 7 in Los Angeles Municipal Court to charges of grand theft in connection with the ordering.
CALIFORNIA | LOCAL
May 16, 1991
The Metropolitan Water District and The Broadway stores are co-sponsoring a $13-million program to distribute more than 2 million water conservation savings kits at the department store chain's 43 stores in Southern California. Lois Krieger, MWD board chairwoman, said the program will be "the biggest urban water conservation plumbing retrofit program ever in California."
February 12, 1991 |
On Feb. 24, 1896, a British-born merchant named Arthur Letts opened the Broadway Department Store in a 40-by-100-foot building at 4th Street and Broadway, then the outskirts of Los Angeles. The business made Letts so rich that he bought up a huge chunk of ranchland for $2 million and called it Holmby Hills. His son later built what is today the Playboy Mansion. During the boom years after World War II, a visionary young Broadway president, Edward W.
October 5, 1990 |
Broadway-Southern California said it will close its 41-year-old Westchester department store on Oct. 14, but all of the 110 employees affected are being offered jobs at nearby Broadway locations. A spokesman for Carter Hawley Hale Stores, parent of the 44-store Broadway chain, said no further store closings are planned. The company said the Westchester store, located at 8739 Sepulveda Blvd. in Los Angeles, was doing poorly.