Stern's
{{Short description|Department store chain in the northeast U.S.}}
{{about|the department store|other uses|Sterns (disambiguation){{!}}Sterns|and|Stern (disambiguation)}}
{{Infobox company
| name = Stern's
| image = Aeolian Hall (1923).jpg
| image_caption = Stern's (left) next to Aeolian Hall in Manhattan
| logo = Stern's Department Store Final Logo.png
| logo_size = 200px
| logo_caption = The 1996-2001 Logo
| type = Department store
| fate = Most stores folded into Macy's
Other stores converted to Bloomingdale's or were liquidated
| predecessor = Gertz (1918–1982)
| successor = Macy's (2001–present)
Bloomingdale's (2001–present)
| foundation = {{start date and age|1867|p=y}} (as Stern Brothers Department Store)
| defunct = {{start date and age|2001|p=y}}
| location = Paramus, New Jersey{{cite news|title = Stern's to start final sales at mall stores next week| newspaper = Asbury Park Press|location = Asbury Park, New Jersey|pages = 24|date= May 8, 2001|url =https://www.newspapers.com/article/asbury-park-press-sterns-to-start-final/164471676/}}
| industry = Retail
| products = Apparel, footwear, bedding, furniture, jewelry, beauty products, gifts and housewares.
| parent = Allied Stores (1951–1992)
Federated Department Stores, Inc. (1992–closure)
}}
Stern's was a regional department store chain serving the U.S. states of New York and New Jersey.{{cite news|title = Federated to close Stern's, cut 2,6000 jobs in conversion| newspaper = Press of Atlantic City|location = Atlantic City, New Jersey |pages = 43|date= February 9, 2001|url =https://www.newspapers.com/article/press-of-atlantic-city-federated-to-clos/164449858/}} The chain was in business for more than 130 years.{{cite news|title = After 134 years, retailer is history|newspaper = The Star-Ledger|location = Newark, NJ |pages = 113|date= February 9, 2001|url =https://www.newspapers.com/article/the-star-ledger-after-134-years-retaile/160672317/}}
In 2001, Stern's parent company Federated Department Stores opted to retire the Stern's brand.{{cite news|title = Stern's name disapearing| newspaper = The Journal News|location = White Plains, New York|pages = 37|date= February 9, 2001|url =https://www.newspapers.com/article/the-journal-news-sterns-name-dissapeari/164463272/}} Most of the stores were immediately converted to Stern's corporate sibling Macy's, some were liquidated and reopened as Bloomingdale's, and others were closed.{{Cite web|url=https://www.hometextilestoday.com/industry-news/sterns-closing-puts-focus-on-macys-bloomies/|title=Stern's closing puts focus on Macy's, Bloomies|date=February 12, 2001}}{{cite news|title =Macy's to replace Stern's at Newport Mall|newspaper = The Jersey Journal|location =Jersey City, New Jersey|pages = A4|date =February 9, 2001|url =https://www.newspapers.com/article/the-jersey-journal-macys-to-replace-ste/167477675/}}
History
Stern Brothers was founded in 1867 by Isaac, Louis and Benjamin Stern, sons of German Jewish immigrants. In that year, they began selling dry goods in Buffalo, New York. From these humble beginnings, the Stern Brothers became an important merchandising family in New York City.
In 1868, they moved to New York City and opened a one-room store at 367 Sixth Avenue. In 1879, the store was again relocated to larger quarters at 110 West 23rd Street. Outgrowing the store at 110 West 23rd Street, Stern Brothers erected a new structure at the same location which became the new flagship store in 1878. It was noted for its cast-iron facade at 32 to 36 West 23rd Street and 23 to 35 West 22nd Street.
The building was designed by Henry Fernbach. It was enlarged according to a design by W.M. Schinckel in 1892.{{citation needed|date=November 2013}} The enormous, six-story building was executed in the Renaissance Revival style. W.M. Schinckel's typically 19th century addition tripled the dimensions of the original structure on the eastern portion of the site. The tall central section of this addition animates the long and delicately detailed facade. The company's monogram is still located above the central arch. (This structure is still in use today. The first floor houses a Home Depot, while the upper floors are showrooms.). Many members of the Stern family worked in this store, which carried both luxury goods and merchandise for the working classes. It was an elegant store noted for its fashionable clothes. Ladies from all over the city came to Stern Brothers for their Paris fashions. This enterprise was distinguished by its elegant door men in top hats and the generous and friendly service of the Sterns themselves.
Stern Brothers was a family business. The family for decades ran the store and family members filled the many positions in the store. However, Robert (1888-1954), the son of founder Issac Stern, changed his last name to Stearns and founded the investment bank Bear Stearns in 1923.
It was not uncommon for customers to be greeted by the brothers themselves. The family was joined by Arthur D. Brandeis in 1914. His daughter, Aliss Ruth had married Irving C. Stern, one of the directors of Stern Brothers and son of founder Louis Stern. Brandeis was president of J. L. Brandeis and Sons of Omaha, Nebraska, the biggest department store west of Chicago.
In 1913, Stern Brothers moved farther uptown and built a new flagship store near Fifth Avenue and West 42nd Street across from Bryant Park. The new store had nine floors with the buying offices located in the basement. Stern's catered to the Carriage Trade and had a separate entrance for customers like the Goulds and Astors. Since the store was near the Theater District, many up and coming stars worked in the store. The busy hours of the store were between 11am to 2pm, when local workers from the area were on their lunch break.
File:Quackenbush's Department Store Logo.png
Stern's was purchased by Allied Stores in 1951.{{cite news|title = STERN'S CLOSING SHOP| newspaper = Asbury Park Press|location = Asbury Park, New Jersey|pages = 5|date= February 9, 2001|url =https://www.newspapers.com/article/asbury-park-press-sterns-closing-shop/163939795/}} During the late 1950s and early 1960s, sales began to decline as most white New Yorkers moved to the suburbs. Stern's closed its flagship in New York in 1969 and moved their corporate headquarters to their store in Paramus, New Jersey's Bergen Mall, which became the flagship. At that time Stern's owner, Allied Stores Stern's merged the division with its Quackenbush division in Paterson, New Jersey. There was a second Quackenbush store in the Preakness section of Wayne, New Jersey; in the same year that Stern's moved its base to New Jersey it opened a second location in Wayne that served as the fourth anchor for the newly constructed Willowbrook Mall. Eventually the downtown Paterson store was closed. Stern's opened a new full line store in the Woodbridge Center Mall in 1971.{{cite news|title = Stern's takes another giant step| newspaper = The Herald-News|location = Passaic, New Jersey|pages = 6|date= July 31, 1971|url =https://www.newspapers.com/article/the-herald-news-sterns-takes-another-gi/162288717/}} Additional stores followed at Middlesex Mall, Essex Green, Seaview Square Mall, Ocean County Mall amongst others. The store briefly entered the Philadelphia market acquiring several locations of Gimbels Philadelphia division.{{cite news|title = Stern's closing two stores| newspaper = Courier-Post|location = Camden, New Jersey|pages = 5B|date= January 10, 1992|url =https://www.newspapers.com/article/courier-post-sterns-closing-two-store/162553773/}}
Chronology
- 1867: Stern Brothers' Department Store is founded in Buffalo, New York. by the Stern brothers, recent immigrants from Ziegenhain, (Schwalm-Eder-Kreis), Germany.
- 1867: Stern Brothers relocates to New York City and operates a one-room store at 367 Sixth Avenue.
- 1877: Moves to larger quarters at 111 West 23rd Street.
- 1878: Erected its 23rd Street flagship, noted for its cast-iron facade.
- 1913: New flagship erected near Fifth Avenue and 42nd Street.
- 1914: Arthur D. Brandeis joins firm as Senior Vice President.
- 1922: Louis Stern, founder dies in Paris while visiting his daughter.
- 1925: Company fell out of family hands, and common stock was issued by a new owner, a banking conglomerate.
- 1951: Stern Brothers is acquired by Allied Stores Corporation.{{cite news|title = A Farewell To Stern's| newspaper = Newsday|location = Melville, New York|pages = 30|date= July 13, 2001|url =https://www.newspapers.com/article/newsday-suffolk-edition-a-farewell-to/160693880/}}
- 1969: Flagship store on 42nd Street is closed, Bergen Mall location designated new headquarters and flagship.
- 1982: Allied Stores Corporation's Gertz division on Long Island was merged into Stern's which by then operated primarily in New Jersey.{{cite news|title = All Gertz Stores To Become 'Stern's'| newspaper = Newsday|location = New York City|pages = 4|date= November 2, 1982|url =https://www.newspapers.com/article/newsday-all-gertz-stores-to-become-ster/167233121/}}
- 1986: Stern's acquires several stores from Gimbels, and enters the Philadelphia market.{{cite news|title =New York firm to buy most of area's Gimbel's| newspaper = The Philadelphia Inquirer|location = Philadelphia|pages = 10–A|date= June 18, 1986|url = https://www.newspapers.com/article/the-philadelphia-inquirer-new-york-firm/162866551/}}
- 1986: Campeau Corporation acquires Allied.{{cite news|title = Sign Recovery| newspaper = Newsday|location = Hempstead, New York|pages = 28|date= October 12, 1992|url =https://www.newspapers.com/article/newsday-nassau-edition-sign-recovery/160692610/}}
- 1988: Campeau acquires Federated Department Stores (FDS).{{cite news|title = Campeau ignored red flags| newspaper = The Morning Call|location = Allentown, Pennsylvania|pages = 21|date= March 25, 1990|url =https://www.newspapers.com/article/the-morning-call-campeau-ignored-red-fla/160699651/}} Beginning of Allied/FDS "tandem" operations.{{cite news |url=https://www.newspapers.com/article/florida-today-campeaus-money-woes/163956243/ |title=Campeau's money woes |newspaper=Florida Today |date=January 16, 1990}} Five of the seven locations in the Philadelphia market are closed (all former Gimbels).{{cite news|title = Campeau To Shit Down Stern's Outlets| newspaper = The Tyler Courier-Times|location = Tyler, Texas|pages = 43|date= October 2, 1988|url =https://www.newspapers.com/article/the-tyler-courier-times-campeau-to-shit/162338284/}}
- 1992: Remaining 2 locations in the Philadelphia market are closed.{{cite news|title =Shoppers say 'buy' to Stern's| newspaper = The Philadelphia Inquirer|location = Philadelphia|pages = 198|date= February 23, 1992|url = https://www.newspapers.com/article/the-philadelphia-inquirer-shoppers-say/162611620/}}
- 1992: Allied is fully merged into FDS.{{cite news|title = STERN'S: Federated closing all stores| newspaper = The Record (North Jersey)|location = Hackensack, New Jersey|pages = A17|date= February 9, 2001|url =https://www.newspapers.com/article/the-record/162074108/}}
- 1995: Five locations of Abraham & Straus are converted to new Stern's stores.{{cite news|title = Stern's advertisement page| newspaper = Newsday|location = New York City|pages = A11|date= May 19, 1995|url =https://www.newspapers.com/article/newsday-sterns-advertisement-page/162065746/}} The Stern's store at Sunrise Mall relocates to a former location of Abraham & Straus.{{cite news|title = A&S Vanishes, Stern's Moves, Bloomie's Is Next| newspaper = Newsday|location = Hempstead, New York|pages = 42|date= March 16, 1995|url =https://www.newspapers.com/article/newsday-nassau-edition-as-vanishes-s/162070669/}}
- 2001: FDS closes its Stern's division.{{cite news|title = It Say's Macy's, But Inside It's Stern's|newspaper = Newsday|location = New York, New York |pages = 21|date= May 12, 2001|url =https://www.newspapers.com/article/newsday-it-says-macys-but-inside-its/160689561/}} Most of the Stern's locations are converted to Macy's immediately.{{Cite web|url=https://www.nreionline.com/news/federated-converting-stern-s-division-macy-s-bloomingdale-s|title=Federated converting Stern's division to Macy's, Bloomingdale's|date=February 9, 2001|website=National Real Estate Investor}} Others are liquidated, with these stores either becoming Bloomingdale's or closing altogether (Manhattan Mall location is one of these, and laid vacant, until it was redeveloped into office space, with the lower floors housing a J.C. Penney from 2009 until 2020{{Cite web |last=Lisicky |first=Michael |title=JCPenney Has Permanently Closed Its Once-Celebrated Manhattan Store |url=https://www.forbes.com/sites/michaellisicky/2020/07/12/jcpenney-has-permanently-closed-its-once-celebrated-manhattan-store/ |access-date=2023-04-13 |website=Forbes |language=en}}).{{Cite web|url=https://wwd.com/fashion-news/fashion-features/article-1176577/|title=GOODBYE TO STERN'S: TO SWITCH TO MACY'S AND BLOOMINGDALE'S|first=W. W. D.|last=Staff|date=February 9, 2001}}