April 25, 1993 |
Thanks to a lobbying effort by officials of Rebuild L.A., the city and the Citicorp Plaza property manager, the Bullock's department store at the Seventh Marketplace will not be closing after all. Officials of R.H. Macy & Co. announced April 15 that they had reversed their March decision to close the Downtown store, one of eight Bullock's and I. Magnin stores in California that the company planned to close as it reorganizes under Chapter 11 bankruptcy proceedings.
January 9, 2014 |
"Gravity" star Sandra Bullock had a big night Wednesday at the People's Choice Awards in Los Angeles, snagging four prizes and emerging as the evening's top winner. Bullock, who in addition to her role in the sci-fi spectacle also starred in the buddy-cop comedy "The Heat," was named favorite movie actress, favorite dramatic movie actress and favorite comedic movie actress at the annual fan-voted event. She and "Gravity" co-star George Clooney also won favorite movie duo (beating out her second nomination in that category for her work alongside Melissa McCarthy in "The Heat")
March 7, 1993 |
The Bullock's department store at the Seventh Marketplace will be closed by its parent company as part of the chain's nationwide effort to cut costs. The date of the shutdown has not been announced. R.H. Macy & Co. said Monday that it will close eight I. Magnin and Bullock's stores in California, including the Downtown Bullock's and the landmark Bullocks Wilshire/I. Magnin near MacArthur Park, to improve profits as it reorganizes under Chapter 11 bankruptcy proceedings.
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.
October 20, 1988 |
In a move that reunites a well-regarded retailing team, Terry J. Lundgren, former president of the Bullocks Wilshire specialty chain, has been named executive vice president of stores for Neiman Marcus. At the Dallas-based merchant, he will report to Allen Questrom, his former boss at Bullock's who in September became president and chief executive of Neiman's. Since leaving Bullocks Wilshire on May 1, Lundgren, 36, has examined several other opportunities.
March 15, 1988 |
The pricey Bullock's and Bullocks Wilshire department store chains in Southern California, along with the tony I. Magnin high-fashion chain, could be sold to R. H. Macy & Co. even if Macy's loses the fight to take over Federated Department Stores. Federated announced Monday that it had granted Macy's an option to buy Bullock's and Bullocks Wilshire for a minimum of $800 million, and I. Magnin for at least $150 million.
April 22, 1988 |
R. H. Macy & Co. reportedly is reshuffling management at Bullock's and Bullocks Wilshire even though its $1.1-billion purchase of the well-known Southern California chains is still days from completion. According to an industry source, James E. Gray, 48, chairman of the 22 Bullock's department stores, and Terry Lundgren, 36, president of the seven-unit Bullocks Wilshire specialty store operation, are expected to leave their positions as part of an internal reorganization at Macy's.
April 28, 1988 |
The chairman of R. H. Macy & Co. sought Wednesday to soothe anxious employees at Bullock's downtown Los Angeles headquarters but nonetheless indicated that layoffs are in the offing after the companies merge. In afternoon meetings with buyers, Edward S. Finkelstein confirmed that merchandising for the 22-store chain will shift to Macy's Atlanta division beginning Aug. 1.
CALIFORNIA | LOCAL
October 8, 2001 |
Instead of jars of cold cream, there are trays of cold cuts. Display cases of perfume, rouge and lipstick have given way to shelves of pinto beans, ravioli and lettuce. And where special windows once showcased mannequins dressed in poodle skirts and pillbox hats, television monitors now beam images of shoppers squeezing melons.
April 2, 1988 |
Campeau Corp. won its two-month takeover battle for Federated Department Stores on Friday, but rival R. H. Macy & Co. will walk away with three venerable names in California retailing: Bullock's, its high-brow cousin Bullocks Wilshire, and I. Magnin. A tenacious Campeau will end up with one of the nation's largest retailers in the biggest non-oil takeover in U.S. history. The Canadian developer agreed to buy Federated for $6.6 billion, and with it comes some "crown jewels" of retailing.