💰 Indusrty Legend - Richard C Marcus Joins Several New Speakers At Retail Loco

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Hot Property. About Us. Robert Kerson, president of Walter K. Tarr Jr. Neiman Marcus has for quite a few years now been coasting on its brilliant reputation of exclusivity and extravagant fancifulness. When General Cinema went looking for a replacement for Dworkin, many strong candidates said they would not take the post of president without also being named chief executive. After counseling with my wife, Heather , we decided to go on to other things. Questrom will report to Robert J. By his own acknowledgment, he was not strong as a merchant. Although regarded as a strong-minded executive, Questrom is popular and personable and has a laid-back side. Times News Platforms. Martha Groves.

Allen I. A native Hoosier, she became a Metro reporter after many years as a Business writer and editor.

Sources in the industry said Marcus has not yet decided what he will do. Marcus then introduced Questrom, who gave the group a short pep talk. Questrom, a Boston native, was graduated from Boston University in General Cinema is based in the Boston suburb of Chestnut Hill. Neiman then sold out his interests to the Marcuses. As a result, the sources said, General Cinema told Marcus that it was prepared to risk losing him as chief executive. Facebook Twitter Show more sharing options Share Close extra sharing options. The chain was started in Dallas by Marcus and his brother-in-law, A. Brand Publishing. After Federated was bought by Campeau Corp. He will be overseeing an extensive remodeling and renovation program as well as an ambitious plan to open 10 to 12 new stores by The chain now has 22 stores in 19 cities. Knowledgeable sources speculated that that weakness led to his departure. As president, he fills a post vacated last November by David Dworkin, who left in a contract dispute. Harry E. There has been a consistency which is lacking in other companies. Times Store. Levy Associates in New York, said his executive placement and consulting firm started recruiting Questrom for the Neiman posts about four months ago. They took the cash. The post of chairman of the Neiman Marcus chain, which has 8, employees, will go unfilled for now, a General Cinema spokeswoman said. In a meeting Friday morning with about employees at the downtown Dallas flagship store, Richard Marcus and Questrom both sounded upbeat about the change, spokeswoman Pat Zajac said. At the same time, Richard C. With his far-reaching experience, Questrom can really help Neiman Marcus recapture the past glory. Questrom, 48, will assume his posts Sept.