Bloomingdales

Luxury department store headquartered in New York

Categories

Retail and Consumer Goods  
Summary

A New York icon for nearly 150 years, Bloomingdale’s is America’s only nationwide, full-line, upscale department store and a division of Macy’s Inc. Currently it operates 37 department stores and Bloomingdale’s “The Outlet” stores in 13 states as well as Bloomingdales.com. Bloomingdale’s also has an international presence in Dubai. And although Bloomingdale’s is part of a Fortune 100 Corporation, the company holds on to the family values of founding brothers Joseph and Lyman Bloomingdale. 


History

1872, New York. “A Store Is Born.” To think it all started with a 19th century fad – the hoop skirt. That was the first item that Joseph and Lyman Bloomingdale carried in their Ladies’ Notions Shop in New York’s Lower East Side. In the late 1800’s, most fashion retailers specialised in just one type of garment. Not the brothers Bloomingdale – their East Side Bazaar, opened in 1872, sold a wide variety of European fashions. It was the beginning of what would become a “Department Store”.

In 1886 came the visionary move uptown to 59th Street and Lexington Avenue. The store expanded steadily and by the 1920’s, Bloomingdale’s converted an entire city block. Flexing his marketing muscle, Lyman created splashy campaigns to bring people in the door. People started seeing the “All Cars Transfer to Bloomingdale’s” slogan everywhere – on billboards, delivery wagons, and even ladies’ beach umbrellas. In the 1940’s Print ads couldn’t say it all. The store had to be experienced. So Bloomingdale’s became the stage for gala events and fashion shows, including “Woman Of The Year, 1947.” With music, lighting and sophistication, it was retailing as theater.

Per WWD: “Bloomingdale's longevity and success stems from a culture of merchandising innovation and fashion risk-taking, a sense of theater, cautious expansion, an eclectic upscale assortment ranging from accessible to luxury, and continuity of management and ownership. In the last 50 years, there have been only three CEOs, and the retailer has had only three owners in its 150 years in business.”

Sixties saw the luxury shopping mall evolve. Focusing on the mantra, “It’s not just what you buy – it’s what you take it home in, too,” in 1961, the Bloomingdale’s team came up with the first designer shopping bags. Since then, many have become collector’s items. By the following decade, it was not a store, Bloomingdale’s was a destination

Everyone was stopping by 59th Street and Lexington Avenue for a look, including the late Queen Elizabeth. People came to see and to be seen. Once there, they were dazzled by the cutting-edge fashion of designers like Ralph Lauren, Perry Ellis and Norma Kamali, who got their first truly big opportunities at Bloomingdale’s.

In 1994, Bloomingdale’s, which was a division of the Cincinnati-based Federated Department Stores, underwent major structural changes. The Macy’s department store chain joined the Federated Department Stores holding company. In 2007, Federated Department Stores was renamed Macy’s, Inc. As of October 29, 2022, there are 54 stores including 32 department stores, 1 Bloomies, 1 furniture store and 20 outlet stores with the Bloomingdale’s nameplate in operation throughout the United States. Its headquarters and flagship store are located at 59th Street and Lexington Avenue in the New York City borough of Manhattan.

Today, Bloomingdale’s is committed to once again lead the way with exclusive merchandise, customised services, and alternative shopping venues. The company operate 33 stores and 19 outlets across the country, an outpost in Dubai, as well as bloomingdales.com. Carrying on the Bloomingdale’s brothers’ dream, the team is always finding ways to set its stores apart. That’s both the legacy and the promise of Bloomingdale’s, seen in the recent launch of its virtual shopping mall.
 


Mission

“We believe we have a responsibility to our colleagues, customers, and community to help build a more equitable, sustainable future for all. We commit to change, push for progress, and work to protect our resources for the next generation.”


Vision

Department store Bloomingdale's envisioned a culture of merchandising creativity and risk-taking in fashion, theater-style retail, calculated expansion, an eclectic upscale assortment of products ranging and continuity of management and ownership. 


Key Team

Olivier Bron (CEO)


Products and Services

The iconic shopping mall retails apparel, accessories, footwear, leather goods, home ware, furniture, jewellery and beauty products.


References
Bloomingdales
Leadership team

Olivier Bron (CEO)

Industries

Retail and Consumer Goods

Products/ Services
The iconic shopping mall retails apparel, accessories, footwear, leather goods, home ware, furniture, jewellery and beauty products.
Headquarters
1000 3rd Ave., New York, NY
Social Media

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Mon Feb 26 2024
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