Bloomingdale's, Inc. · New York, NY United States
Company Description
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Popular culture goes on sale every day at Bloomingdale's. It runs about 40 stores in a dozen states, including California, Florida, Illinois, and New York. The company's flagship store at 59th and Lexington is a Manhattan institution and tourist attraction in its own right. A smaller Manhattan store opened in downtown's SoHo neighborhood in 2004. In February 2003 Bloomies opened its Medinah Temple Home & Furniture Store on Chicago's Michigan Avenue. Founded in 1872 by brothers Lyman and Joseph Bloomingdale, the store rode the popularity of the hoop skirt to sales success and practically invented the department store concept at the start of the 20th Century. Bloomingdale's is a division of Macy's , Inc. To read the full description, subscribe now.
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Key Bloomingdale's, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | January |
| Employees | 10,500 |
Bloomingdale's, Inc. Executives
15 executives listed for Bloomingdale's, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Michael Gould | Network |
| Vice Chairman, General Merchandise Manager RTW and Bloomingdales.com | Frank Doroff | Network |
| President | Tony Spring | Network |
Competition
Competitive Landscape for Bloomingdale's, Inc.
Population growth, particularly among households with children, drives demand in the consumer sector, and economic growth drives demand in the commercial sector. The profitability of individual companies depends on efficient operations and effective sales and marketing. Large companies have scale advantages in purchasing, manufacturing, distribution, and marketing. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. The industry is capital-intensive: average annual revenue per worker is more than $1 million. The industry is about evenly split between the consumer and commercial segments. Both segments are highly competitive, and large companies spend millions to maintain market share. To read the full description, subscribe now.Top Bloomingdale's, Inc. Competitors
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