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November 6, 1992 | ANNE MICHAUD
With the ink barely dry on his resignation as president of Carter Hawley Hale Stores, H. Michael Hecht said on Thursday that he will take the position of president at Builders Emporium. Hecht announced Tuesday that he was leaving Carter Hawley Hale, which operates the Broadway and other department stores. Analysts speculated that he left Carter Hawley, which has just emerged from bankruptcy, because he was not being considered for the post of chief executive.
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BUSINESS
November 6, 1992 | ANNE MICHAUD
With the ink barely dry on his resignation as president of Carter Hawley Hale Stores, H. Michael Hecht said on Thursday that he will take the position of president at Builders Emporium. Hecht announced Tuesday that he was leaving Carter Hawley Hale, which operates the Broadway and other department stores. Analysts speculated that he left Carter Hawley, which has just emerged from bankruptcy, because he was not being considered for the post of chief executive.
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BUSINESS
November 6, 1992 | ANNE MICHAUD, TIMES STAFF WRITER
With the ink barely dry on his resignation as president of Carter Hawley Hale Stores, H. Michael Hecht said Thursday that he will take the position of president at Builders Emporium. Hecht announced Tuesday that he was leaving Carter Hawley Hale, which operates the Broadway and other department stores. Analysts speculated that Hecht left Carter Hawley, which has just emerged from bankruptcy, because he was not being considered for the post of chief executive.
BUSINESS
November 6, 1992 | ANNE MICHAUD, TIMES STAFF WRITER
With the ink barely dry on his resignation as president of Carter Hawley Hale Stores, H. Michael Hecht said Thursday that he will take the position of president at Builders Emporium. Hecht announced Tuesday that he was leaving Carter Hawley Hale, which operates the Broadway and other department stores. Analysts speculated that Hecht left Carter Hawley, which has just emerged from bankruptcy, because he was not being considered for the post of chief executive.
BUSINESS
November 4, 1992 | GEORGE WHITE, TIMES STAFF WRITER
H. Michael Hecht, president of Carter Hawley Hale Stores, said Tuesday that he will resign his post in what is the strongest evidence yet that the newly reorganized department store chain will seek an outsider to replace retiring Chief Executive Philip Hawley. Hecht, an 18-year veteran of the Los Angeles-based parent of the Broadway, said he will resign the presidency and relinquish his seat on the company's board on Friday.
BUSINESS
January 23, 1991 | STUART SILVERSTEIN, TIMES STAFF WRITER
Carter Hawley Hale Stores took another step to cut its burdensome debts Tuesday by reaching an agreement in principle to sell its credit card business to General Electric Co. The deal would provide Carter Hawley, parent of Broadway-Southern California department stores, with about $50 million in cash while also removing roughly $600 million in debt from its balance sheet. Analysts who follow Carter Hawley applauded the announcement.
BUSINESS
June 6, 1990 | From Times Staff and Wire Reports
Thomas E. Dokter will return to the Broadway-Southern California department stores as president, effective July 15. Dokter, 51, currently is president and chief executive of the Broadway-Southwest, a sister subsidiary of Los Angeles-based Carter Hawley Hale Stores. Before taking that job last year, Dokter was the Southern California chain's executive vice president-merchandising for two years. In his new role, Dokter will assume responsibility for merchandising and sales promotion.
BUSINESS
February 11, 1986 | MARTHA GROVES, Times Staff Writer
H. Michael Hecht, president of the Broadway-Southern California, will become chairman and chief executive March 15, replacing M. W. Proudfoot, who is retiring, the chain's parent company said Monday. Carter Hawley Hale Stores, based in Los Angeles, also announced that Richard Clayton will become president of the 41-store chain, moving from his post as executive vice president-finance and operations of the company's Emporium Capwell division in San Francisco.
BUSINESS
November 4, 1992 | GEORGE WHITE, TIMES STAFF WRITER
H. Michael Hecht, president of Carter Hawley Hale Stores, said Tuesday that he will resign his post in what is the strongest evidence yet that the newly reorganized department store chain will seek an outsider to replace retiring Chief Executive Philip Hawley. Hecht, an 18-year veteran of the Los Angeles-based parent of the Broadway, said he will resign the presidency and relinquish his seat on the company's board on Friday.
BUSINESS
January 23, 1991 | STUART SILVERSTEIN, TIMES STAFF WRITER
Carter Hawley Hale Stores took another step to cut its burdensome debts Tuesday by reaching an agreement in principle to sell its credit card business to General Electric Co. The deal would provide Carter Hawley, parent of Broadway-Southern California department stores, with about $50 million in cash while also removing roughly $600 million in debt from its balance sheet. Analysts who follow Carter Hawley applauded the announcement.
NEWS
December 4, 1996
Harold M. Hecht, civic leader and former chairman of the J.W. Robinson Co. department store chain, has died. He was 93. Hecht died Monday at his home in Century City. A native of Lock Haven, Pa., Hecht came to Los Angeles in 1959 to become chairman and chief executive officer of Robinsons. He served in that capacity until his retirement in 1973. He was also regional executive vice president of Associated Dry Goods Corp.
NEWS
August 25, 1993 | DAVID W. MYERS, TIMES STAFF WRITER
Builders Emporium, which started as a modest hardware store in the San Fernando Valley and grew to become the largest home improvement chain in Southern California, said Tuesday that it will close all of its 82 California retail outlets and lay off nearly all of its 3,800 Southland workers by the end of October.
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