Von Maur: A Family Business With Tradition, Service and 150 Years of As the company shifted its focus to malls, the Petersen Harned Von Maur flagship store in downtown Davenport closed in 1986. We arent looking to make a bunch of money and get out. He believes the customers shopping behavior will dictate just how much e-commerce should represent of the companys total sales in the future. I think people love our store environment and the customer service. Kith and 'Star Wars' Join Forces on 'Return of the Jedi' 40th Anniversary Collection When I get stuck, I can go to him. What areas of the country present the biggest potential for Von Maur? People want to see other people and have a real experience. Von Maur Inc - Company Profile and News - Bloomberg Markets Pennsylvania will be on the map for us [in 2024]. Or they didnt adapt. Von Maur COO Melody Wright on Retail Expansion, Leadership + More We dont have to worry about propping up the stock price by growing too quickly, or getting the topline up. Some key brands at Von Maur are Vineyard Vines, Tory Burch, Kendra Scott, Eileen Fisher and Tommy Bahama. Theres just no question. We make shopping a fun experience and we offer a wide selection.. Its our number-one store now, von Maur said. Von Maur does have a growing digital business. We are not losing money. They can be West Coast/East Coast-centric. The next generation of shoppers will always need to be courted and the retailers e-commerce platform will require continuous upgrades and investments. Its very liberal and easy to make a return.. Jordan Creek said that Von Maur will open in fall 2022. Changs, Barnes & Noble and Apple. [citation needed], C.J. The Jordan Creek store will have a more updated look. Sometimes they limit distribution, and let us sell their products in seven stores or whatever, instead of all of our stores. We like full-timers and we have lots of them.. 2023 Fairchild Publishing, LLC. Des Moines has been one of our best markets since we opened there in the 1970s. Working at Von Maur: 89 Reviews about Culture | Indeed.com Top 10 States with the most Von Maur retail stores Illinois 7 (18%) A retail store for every 1,810,286 people, in Illinois with about 18% of the total number of Von Maur retail stores Iowa 6 (16%) A retail store for every 525,833 people, in Iowa with about 16% of the total number of Von Maur retail stores Michigan 4 (11%) 2023 Fairchild Publishing, LLC. 2023 Fairchild Publishing, LLC. [+] Von Maur features live piano music at its 33 locations. True retail brick-and-mortar is here to stay, von Maur said. Navigating all these new things that are popping up, retailing is not like it used to be. We make it relaxing, no loud music, hardly any vendor signage. Interestingly, Von Maur has been very progressive. After 150 years in business, Von Maur sees much room for growth and continues to launch stores in cities and suburbs around the country where it hasnt had a presence before. Weve added retention bonuses, and thankfully we have a core staff of veterans that have hung in with us and have been able to keep the stores going. Shouldnt it just be you want to provide a great product, at a great price with great service? Atlanta is a very competitive market., Von Maur entered the Atlanta market in 2011 by opening a department store in the North Point Mall in Alpharetta, Georgia, and subsequently opened units in Atlantas Perimeter Mall and the Mall of Georgia. Thats No 1. the shooting at his Omaha store, at a ceremony marking the one year anniversary of the shooting, in which eight people were killed, in Omaha, Neb., Friday, Dec. 5, 2008. Valley West Mall also lost Younkers in 2018. For the Von Maur business overall, I always say we are all fighting for the same dollar. Its more about blocking and tackling, bricks-and-mortar and service. Is there good visibility [from inside and outside the mall]? Today Von Maur has grown to a 27 location chain of department stores across the Midwest with an E-commerce site at www.vonmaur.com. We are pretty much one of the last ones thats still family-owned. The von Maur family assumed complete ownership of the store after R.H. Harned died in 1937. You dont need to staff your stores as much as in good times. 2023 Fairchild Publishing, LLC. Certainly, this has helped the company not just weather the pandemic, but last 150 years in a notoriously difficult industry. And indeed, over the years, shes held various leadership positions at the company, eventually taking on her current role as COO in 2009. Founded in 1872, the chain operates over 36 locations across the United States, primarily in the Midwest . He acknowledges that his family took a big risk when the company abandoned the department store format but he knows that it allowed the firm to have a future. We thought there would really be so many it would be hard to choose from, but the availability hasnt been there. Because of the growth of e-commerce, theres pressure on Macys, Kohls and other publicly held retailers exerted by activist shareholders to separate the dot-com and brick-and-mortar store operations into separate companies. Von Maur is supported by a loyal clientele in the secondary and smaller markets in 15 states primarily in the Midwest and South where the stores are concentrated, places like Cedar Rapids, Iowa; Livonia, Mich., and Hoover, Ala., where theres less competition. Von Maur Combined Innovation With Tradition And Created A - Forbes But if we end up buying another chain to grow faster than our typical rate, its possible. Its hassle free. There is a piano in every store with live music. But the physical store, thats our bread and butter. Because we dont do a lot of advertising, word of mouth, as well as the internet, billboards and staging a big grand opening, all help. CEO Jim von Maur on Sticking to the Fundamentals and Evolving - Yahoo Westroads Mall shooting - Wikipedia Unfortunately, Von Maur is no stranger to senseless tragic events. padre de cosculluela. [4] It was the deadliest mass murder in Nebraska since the rampage of Charles . And one thing that I believe [CEO Jim von Maur] is better at than anyone in the industry is that he allows us as leaders to make decisions. But we never got ahead of ourselves in taking on too much debt, or getting into all the trends that are out there, von Maur added. Williamson, Rusty, "Von Maur Steps Out of the Box; The 18-Unit Midwestern Chain Sets Its Sights on Going National," WWD, March 1 2003. We are going to do it up, said Jim von Maur, president and chief executive officer of Von Maur, andthe fourth-generation leader of the business. We look for communities that have been overlooked, von Maur added. We have been opening them so fast I cant keep track. Its a highly retailed market, with a lot of malls.. von Maur died in 1926. It does take awhile to develop some customer loyalty in new markets. Von Maur Succeeding While Other Department Stores Fail We want to keep growing at a steady pace, really based on the opportunity that is out there, said von Maur. Von Maur at 3810 E Main St, St. Charles, IL 60174 - hours, address, map, directions, phone number, customer ratings and reviews. :)) The store will not work correctly in the case when cookies are disabled. Make it a great experience. As Von Maur celebrates its 150th anniversary, Wright talks about working in a family company, taking a measured approach to retail expansion and excelling as a woman in business. Its a specialty store business and you can crank those out much easier. His uncle, Charles von Maur, serves as chairman. And we spoil our associates. Von Maur has managed to escape decades of department store attrition by avoiding the traps many retailers fell into, like overexpansion, overpromoting to push volume, or taking on too much debt. Clothing, footwear, jewelry, handbags, beauty products. Servios. In 2004 Von Maur expanded into Michigan by taking over two mall locations of the defunct Jacobson's chain (The Briarwood Mall in Ann Arbor, Michigan, and Laurel Park Place in Livonia, Michigan). It gave them the confidence that their formula could work anywhere. Von Maur stores can now be found in markets such as Atlanta, Birmingham, Indianapolis, and Rochester. On January 31, 2007, Von Maur closed its store at Westdale Mall in Cedar Rapids, Iowa, which brought the store count down to 22. Aug 25, 2021 - Business Von Maur closing Valley West Mall location Linh Ta Photo: Linh Ta/Axios Von Maur will close its doors at Valley West Mall right before it opens its new location at Jordan Creek Town Center next year, the Des Moines Register reports. The company also operates 70 Dry Goods specialty stores selling contemporary womens fashion, accessories,shoes and gifts. Jim von Maur is the companys president and CEO, the fourth-generation leader of the family- owned retailer. In 1872, German immigrant J. H. C. Petersen and his three sons opened a store in a 20-by-50-foot (6 by 15m) storefront in downtown Davenport, Iowa. We thought there would really be so many it would be hard to chose from, but the availability hasnt been there. The two-story, 140,000-square foot store at Rosedale Center opened on October 13, 2018, joining the existing store at Eden Prairie Center. We, like everyone else, are trying to be optimistic for the holiday season but there are a lot of headwinds, von Maur said, referring to inflation, declining consumer confidence and recession fears. But as downtown Davenport faded as a shopping destination, Petersens, founded in 1872, decided to take on the retail industrys changing trends. WordPress.com VIP. Theyre asking for a lot of money, holding out. 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