September 17, 1988
As if Vons Cos. didn't have enough upheaval with its recent purchase of Safeway's Southern California stores, now the company intends to move its corporate headquarters. The El Monte-based grocery company plans to buy, for undisclosed terms, a three-level store in Arcadia from May Co. California and convert it to office space.
December 12, 1990 |
May Department Stores Co. has appointed David P. Mullen to succeed Kenneth F. Sokol, who is retiring as president and chief executive of its Los Angeles-based May Co., California division. Mullen, previously was president of Filene's, a 19-store May Department Stores division based in Boston. He will assume his new position on Jan. 15. May Co. California includes 37 stores in Southern California and Nevada.
June 21, 1986 |
May Department Stores of St. Louis said Friday that it will spend a record $2 billion over the next five years to build new stores, including perhaps as many as eight new May Co. outlets in Southern California. Thomas A. Hayes, president of May Department Stores, told the company's annual meeting in St. Louis that the capital expenditure program for 1986 to 1990 calls for a total of 1,254 new stores. Most of those will be the company's Payless ShoeSource self-service shoe outlets.
December 5, 1986 |
The nation's retailers reported unexpectedly modest sales gains overall during November, but they aren't ready to predict a blue Christmas. "Christmas has been coming later each year for retailers," said Kenneth Macke, chairman and chief executive of Dayton Hudson Corp., parent of Dayton Hudson, Mervyn's and Target stores. "We don't see this year as being an exception to that trend." "I'm very bullish on December," said Edgar S. Mangiafico, chairman of May Co. California.
August 17, 1988 |
May Co. agreed to pay $363,183 in civil penalties and costs Tuesday to settle two lawsuits charging it with false advertising and unfair competition at its 38 Southern California department stores. The lawsuits, filed on behalf of the district attorneys' offices of Los Angeles, Orange and Sacramento counties, claimed that May Co.
June 25, 1991 |
The May Co. will close its department store in The City mall and office complex next month, and the owners of the complex said they have hired a consultant to help decide how to revive the struggling mall. The complex is also losing one of its major office tenants, TRW Inc., which is moving its credit data-processing operations to a new Orange office building.