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Bernard Feustman Gimbel was in the third generation of a merchandising family already well established and wealthy when he entered the business in 1907. He was therefore inevitably tab-loided as "the Merchant Prince." The condescending title never fitted the round-faced ruler of New York's Gree ley Square. In the 34 years he spent on the throne, first as president of Gimbel Bros., Inc., and later as chairman, Gimbel personally changed the family firm into an empire that this year will sell $600 million worth of merchandise in 27 Gimbels stores and 27 swankier Saks Fifth Avenue...

Author: /time Magazine | Title: Retailing: The Ruler of Greeley Square | 10/7/1966 | See Source »

...Fairness & Equality." For all his civic zeal and his personal flair for the good life on a 200-acre Connecticut estate and at his Florida mansion, Gimbel was more than anything else a shrewd merchant. He was hardly out of the University of Pennsylvania and into the Philadelphia Gimbels store before he was pushing drastic changes on his father and six uncles. The family business had started in Vincennes, Ind., in 1842. The Gimbel brothers built bigger stores in Milwaukee and Philadelphia, but "Bernie" insisted that they move to New York, where the real action was. He picked...

Author: /time Magazine | Title: Retailing: The Ruler of Greeley Square | 10/7/1966 | See Source »

...standing in artistic-intellectual-entertainment circles. They have comprised a mint of Rockefellers, a socko of showbiz moguls from MCA's Jules Stein to the late Billy Rose, a tussle of tycoons that include Schenley's Lewis Rosenstiel and Seagram's Bronfman family, Macy's Jack Straus and Gimbel's Bernard Gimbel, Heinz Foods' H. J. Heinz II and Consolidated Foods' Nathan Cummings (see U.S. BUSINESS...

Author: /time Magazine | Title: Nation: Trustee for Tomorrow: Republican Jacob Javits | 6/24/1966 | See Source »

Died. Frederic A. Gimbel, 73, retired head of Manhattan's Gimbels department store, who helped his brother Bernard expand the family dry-goods business into an empire with annual sales of $560 million and 53 stores cross country, personally quadrupling sales in his own shop; of heart disease; in Pacific Palisades, Calif...

Author: /time Magazine | Title: Milestones: Jun. 17, 1966 | 6/17/1966 | See Source »

...Avenue for 62 blocks with a band of light. At Herald Square, Macy's windows add an Eastern accent with some 200 animated figures, ranging from girls dancing in mosques (a practice not allowed by Moslems) to silk-garbed courtiers watching performing jugglers. Across the street its archrival, Gimbel's, counters with a real-life Santa who descends a wooden chimney every 15 minutes, talks through a microphone to the kids on the street, and-of course-invites everyone inside. Even the minor squares are dressed to the nines. The graceful Pulitzer Memorial fountain in front...

Author: /time Magazine | Title: Customs: The Great Festival | 12/10/1965 | See Source »

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