NEW YORK, NY – New York City, a global hub for fashion and commerce, has seen its retail landscape undergo numerous transformations over the years. While the city boasts of iconic stores that continue to attract millions, there have been several beloved department stores that, unfortunately, closed their doors forever.
One of the most memorable was B. Altman & Co., located on Fifth Avenue. Established in 1865, it was not just a shopping destination but an embodiment of elegance and luxury. The grandeur of its interiors and the quality of its merchandise made it a favorite among New Yorkers for generations. However, changing consumer habits and financial challenges led to its closure in 1989.
Another store that left an indelible mark on the city’s shopping culture was Gimbels. Known for its rivalry with Macy’s, Gimbels was celebrated for its affordable prices and vast product range. Its Thanksgiving Day Parade, which started in 1920, was a testament to its popularity and its significance in the city’s cultural fabric. Sadly, in 1986, after more than a century of service, Gimbels shut its doors.
Then there was Bonwit Teller, a name synonymous with luxury. Established in 1895, it catered to the upscale market with its designer collections and high-end merchandise. Its flagship store on Fifth Avenue was a testament to its opulence. Despite its storied history and clientele that included the likes of Grace Kelly and Jackie Kennedy, it ceased operations in the 1990s.
Abraham & Straus, commonly known as A&S, was another department store that played a pivotal role in the city’s retail history. Located in Brooklyn, it served as a shopping hub for residents, offering a diverse range of products from fashion to home goods. Its commitment to quality and service made it a household name. However, as the retail landscape shifted, A&S merged with Macy’s in 1995.
These department stores, though no longer in business, continue to hold a special place in the hearts of many New Yorkers. They serve as reminders of an era gone by, of the city’s ever-evolving nature, and of the memories created within their walls.