Corporate Office HQ

Michael’s Stores Corporate Office

Michael's Stores, Inc.

Michael Dupey founded Michael’s when he converted one of his father’s Ben Franklin stores into an arts and crafts store in 1973. This first store became a part of Dupey Enterprises, Inc., the Dupey family business run by Michael’s father, Jim Dupey, and the predecessor to Michael’s Stores, Inc.

History

In 1983 Micheal’s 11 stores were acquired by Peoples Restaurants, and one year later was spun-off as a publicly traded company, with shares trading on the NASDAQ.

After the IPO, Michael’s quickly acquired two chains of arts and crafts stores, making Michael’s national.

During the 1990’s Michael’s stuck to its goal of rapid expansion throughout the United States, and achieved a growth rate of 15%.

In 2006 two private equity groups, Bain Capital and Blackstone Group, purchased the company for $6 billion.

Craft stores have tried to stay open during the coronavirus quarantine periods, including Michael’s, Hobby Lobby, and JoAnn’s Fabrics.

Today there are 1,040 Michael’s stores in 49 U.S. states and Canada. The company owns and operates the Aaron Brothers chain, with 140 stores. Michael’s produces ten brands: Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist’s Loft, Craft Smart, and Loops & Threads. Michael’s has 44,000 employees and had $5.072 billion in revenue in 2019.

Michael’s CEO has decided to begin turning away from craft items and aim for more DIYer projects.

Michael’s maintains its corporate office in Irving, Texas.

Michael Dupey founded Michael's when he converted one of his father's Ben Franklin stores into an arts and crafts store in 1973. This first store became a part of Dupey Enterprises, Inc., the Dupey family business run by Michael's father, Jim Dupey, … [Continue reading] about Michael’s Stores Corporate Office

Neiman Marcus Corporate Office

Neiman Marcus Group

Herbert Marcus Sr. along with his sister, Carrie Marcus Neiman, and her husband, A.L. Neiman, had $25,000 to invest from a successful sales-promotion firm they had built in 1907. These business partners had two choices: purchase the rights to a new, unknown sugary soda or return to their hometown and start a new retail store.

History

They rejected the possible investment in the fledgeling Coca-Cola Company and chose to start a retail business in Dallas instead.

The Neiman Marcus store was stocked with high-quality clothing not commonly found in Texas, mostly bought by Carrie in New York. Within weeks everything was sold out.

In 1914 a fire destroyed the Neiman Marcus store and all of its inventory. When the company reopened it had increased product selection to include lingerie and children’s clothing.

In 1950 Neiman Marcus opened a second location, also in Dallas, and expanded to Houston in 1957. A portrait studio operated by Gittings in the late 1950’s and 1960’s, brought high profile clients into the store to have their portraits done. Stars such as Howard Hughes, Wyatt Cooper, Gloria Vanderbilt, and son Anderson Cooper, now of CNN fame.

Throughout the 1970’s the company opened new stores in Atlanta, Beverly Hills, Boston, Chicago, Las Vegas, Minneapolis, San Francisco, and St. Louis. After the death of Stanley Marcus in 2002, the store has changed hands several times, but still retains its original name. The company is now under the shared ownership of Ares Management and CPP Investment Board.

Today Neiman Marcus has 41 stores nationwide, owns Bergdorf-Goodman department stores, and operates a direct marketing division, Neiman Marcus Direct. Neiman Marcus has over 15,000 employees and had $4.34 billion in revenue in 2012.

Herbert Marcus Sr. along with his sister, Carrie Marcus Neiman, and her husband, A.L. Neiman, had $25,000 to invest from a successful sales-promotion firm they had built in 1907. These business partners had two choices: purchase the rights … [Continue reading] about Neiman Marcus Corporate Office

Bass Pro Shops Corporate Office

Bass Pro Shops

John L. Morris began Bass Pro Shops when he started a fishing section in the back of his father’s Brown Derby liquor store in Missouri in 1971. This small department sold homemade bait and worms.

History

The homemade bait proved popular with tourists and people began to inquire about how they could order them once they returned home. Thus began the Bass Pro Shops catalog in 1974.

In 1975 the company established American Rod and Gun (ARG) as a separate wholesale entity.

Today Bass Pro shops operate 56 stores throughout the U.S. and Canada. The stores carry a number of house brands, including Ascend, Bass Pro Shops, Bob Timberlake, Johnny Morris Reels, Natural Reflections, Offshore Angler, Redhead, Uncle Buck’s, White River, Worldwide Sportsman, XPS, and XTS.

Bass Pro Shops is a privately-held retailer of camping, fishing, and hunting gear and other related outdoor recreation equipment. The company’s largest stores are operated under the name Outdoor World. Bass Pro Shops is #93 on the Forbes list of America’s Largest Private Companies and had $4.58 billion in revenue in 2016.

It was rumored in 2015 that the company would buy out competitor Cabela’s.

In October of 2016, it was announced that Bass Pro Shops would acquire Cabela’s for $5.5 billion. This will nearly double the number of stores to 184 locations, as well as increasing the number of employees from 20,000 to 39,000. This is the 5th largest merger in US history and was so complicated that the companies hired no less than 13 banks and law firms to ensure the deal went smoothly.

In mid-2018, Forbes stated that the company is the #2 hottest retailer in America.

While it is unknown at this time if Cabela’s will be rebranded as Bass Pro Shops, company officials have stated that Cabela’s credit cards would be honored at Bass Pro Shops stores.

John L. Morris began Bass Pro Shops when he started a fishing section in the back of his father's Brown Derby liquor store in Missouri in 1971. This small department sold homemade bait and worms. The homemade bait proved popular with … [Continue reading] about Bass Pro Shops Corporate Office

Roundy’s Corporate Office

Roundy's, Inc.

Roundy’s, Inc. was founded in 1872 by William E. Smith, Judson Roundy and Sidney Hauxhurst in Wisconsin as Smith, Roundy & Co. Originally, the company was a major warehouse distributor to non-company supermarkets, such as IGA.

In 1922 Roundy’s began to offer its own private Roundy’s brand.

In 1953 the company reorganized as a grocery cooperative.

History

In 1975 Roundy’s opened its first Pick ‘n Save Warehouse Foods. This was a new concept and the store carried few perishable items, there was no store decor, and the emphasis was on savings. This proved a great success and Roundy’s opened 20 more stores in the following 5 years, eventually reaching 27 stores in 1983.

In 1984 Roundy’s bought Scot Lad Foods, a grocery distributor, and entered the grocery distribution business. By 1994 Roundy’s supplied 1,800 grocery stores.

Throughout the 1990’s and the first decade of the 2000’s, Roundy’s acquired many companies in a concentrated effort to increase its retail business.

Today Roundy’s operates Pick ‘n Save, Rainbow Foods, Copps Food Center, Metro Market, and Mariano’s Fresh Market. Roundy’s went public on the New York Stock Exchange in 2012. The company has 20,000 employees and had $3.8 billion in revenue in 2011.

Roundy's, Inc. was founded in 1872 by William E. Smith, Judson Roundy and Sidney Hauxhurst in Wisconsin as Smith, Roundy & Co. Originally, the company was a major warehouse distributor to non-company supermarkets, such as IGA. In 1922 … [Continue reading] about Roundy’s Corporate Office

Hy-Vee Corporate Office

Hy-Vee, Inc.

Hy-Vee is an employee-owned supermarket chain of 234 supermarkets located in the Midwestern United States.

Hy-Vee was founded by Charles Hyde and David Vredenburg in Bakersfield, Iowa in 1930. Their first store was a general store. By 1938 when the company was incorporated, Hyde & Vredenburg, Inc. had 15 stores in Iowa and Missouri.

In 1952 an employee contest was held to choose a new name for the company, and Hy-Vee was chosen as the winning entry.

History

Hy-Vee opened stores in South Dakota in 1975, Nebraska in 1977, Illinois in 1979, and Kansas in 1988.

Hy-Vee stores are full-service supermarkets with bakeries, delicatessens, floral departments, dine-in and carry-out food services, wine and spirits, pharmacies, coffee kiosks, and HealthMarkets, which stock natural and organic products.

Hy-Vee, Inc employs over 60,000 people and had revenue of $7.7 billion in 2012.

Hy-Vee is an employee-owned supermarket chain of 234 supermarkets located in the Midwestern United States. Hy-Vee was founded by Charles Hyde and David Vredenburg in Bakersfield, Iowa in 1930. Their first store was a general store. By 1938 when … [Continue reading] about Hy-Vee Corporate Office