Advertisement
HomeCollectionsWoodward Lothrop
IN THE NEWS

Woodward Lothrop

FIND MORE STORIES ABOUT:
FEATURED ARTICLES
BUSINESS
By Thomas Easton and Thomas Easton,New York Bureau of The Sun | June 2, 1991
New York -- A series of poor earnings reports from majo public retailers have received widespread attention in the press, but the rockiest results for a major department store chain may be the ones coming from privately held Woodward & Lothrop.A rare window into its performance for its last fiscal year, which ended Jan. 31, was opened recently in a report by Salomon Brothers, Woodie's investment bankers. The incomplete but indicative numbers (Woodie's confirms their accuracy) raise tough questions about the retailer at a time when Wall Street has become euphoric about the prospects for the best capitalized and best performing companies in the industry, and highly skeptical of others.
ARTICLES BY DATE
ENTERTAINMENT
By Mary Carole McCauley, The Baltimore Sun | November 18, 2013
You might think of Michael Lisicky's obsession with department stores as an orchestral tone poem for a single oboe: at turns plaintive and raucous, eloquent and funny, with unpredictable little swerves. Lisicky is second oboist with the Baltimore Symphony Orchestra and also plays the English horn. Two of his main obsessions - and he has many - are music and his dedication to tracing the history of the elegant emporiums of the past. His love for these grand old stores has become a kind of shorthand for his love of his fun and gregarious late mother, Anne.
Advertisement
BUSINESS
By Bloomberg Business News | January 14, 1994
ALEXANDRIA, Va. -- Woodward & Lothrop Inc., a department-store chain that has been hemorrhaging money for years, may consider filing for Chapter 11 bankruptcy protection to restructure its debt, a company spokeswoman said yesterday."
EXPLORE
July 27, 2011
•1971 — Mall opens Aug. 2 with Hochschild Kohn and Woodward & Lothrop as anchors •1972 — First poinsettia tree •1975 — Hecht Company replaces Hochschild Kohn •1981 — First expansion: Sears and 70 stores •1989 — Carousel opens •1996 — J.C. Penney replaces Woodward & Lothrop •1996 — Hecht Company adds a third floor •1998 — Lord & Taylor and parking garages added •1999 — Second expansion: Nordstrom...
NEWS
August 24, 1991
An article in yesterday's Today section inadvertently omitted the name of the department store that sponsored an appearance by model Cindy Crawford. It was Woodward & Lothrop in Tysons Corner.
BUSINESS
By Bloomberg Business News | May 20, 1995
NEW YORK -- Woodward & Lothrop Inc. won bankruptcy court approval to pay fees of as much as $9 million to a winning bidder for the company if the retailer later rejects the bid and accepts another offer.The Washington, D.C.-based company, sought bids for all or part of its business last month after an unsuccessful attempt to reorganize. However, the bids were "not satisfactory," said Marc Abrams, the company's lawyer.Mr. Abrams persuaded U.S. Bankruptcy Judge Stuart Bernstein that the fee and other measures are needed to encourage bidders during a second round of bidding, which is expected to be completed this month.
BUSINESS
By New York Times News Service | April 23, 1991
Robert B. Mang has been named president and chief operating officer of Woodward & Lothrop/John Wanamaker Inc., effective May 1.Mr. Mang, 45, who will report to Arnold H. Aronson, the company's chairman and chief executive, is currently president of Bon Marche in Seattle, a division of Campeau Corp.Woodward/Wanamaker includes 17 Woodward & Lothrop stores in the Baltimore-Washington area and 15 John Wanamaker stores in the Philadelphia area. The two chains are owned by Taubman Holdings Inc., a private investment concern controlled by A. Alfred Taubman, a leading mall developer.
BUSINESS
By Bloomberg Business News | October 8, 1992
WASHINGTON -- Standard & Poor's downgraded the subordinated debt of Woodward & Lothrop yesterday, reflecting continued deterioration in the department store chain's financial condition.The company operates 17 Woodward & Lothrop department stores in the Baltimore-Washington area and 15 Philadelphia-area John Wanamaker stores.Woodward & Lothrop, commonly known as Woodies, competes against Hecht's, a division of May Department Stores Co. The company has stores in Columbia, White Marsh and Annapolis.
EXPLORE
July 27, 2011
•1971 — Mall opens Aug. 2 with Hochschild Kohn and Woodward & Lothrop as anchors •1972 — First poinsettia tree •1975 — Hecht Company replaces Hochschild Kohn •1981 — First expansion: Sears and 70 stores •1989 — Carousel opens •1996 — J.C. Penney replaces Woodward & Lothrop •1996 — Hecht Company adds a third floor •1998 — Lord & Taylor and parking garages added •1999 — Second expansion: Nordstrom...
NEWS
By Michael James and Michael James,Staff writer | February 19, 1992
A vandal with matches or a cigarette lighter appears to have been the culprit in two fires Monday night at the Mall in Columbia, where about $200,000 in property was damaged by smoke and water, fire officials reported.The fires, believed to be acts of vandalism, were setwithin minutes of each other in the drapery sections of Hecht's and Woodward & Lothrop department stores, said state Deputy Chief Fire Marshal Robert B. Thomas Jr.It is unknown whether one person set both fires or whether two ormore people were involved, Thomas said.
NEWS
By Alisa Samuels and Alisa Samuels,SUN STAFF | June 4, 1996
More than a half-year after the bankrupt Woodward & Lothrop chain closed its beloved store at The Mall in Columbia, its buyer, J. C. Penney, plans to open a new outlet there next month."
NEWS
By Alisa Samuels and Alisa Samuels,SUN STAFF | April 25, 1996
Hecht's department store in The Mall in Columbia is having itself made over.Owned by the May Department Stores Co., the St. Louis-based retail giant, Hecht's plans to build a third-floor level at the Columbia department store this year, according to Cathy Lickteig, a spokeswoman for Rouse Co., which owns the mall.The new estimated 60,000-square-foot addition, which would add a third level to the mall for the first time, should be completed by the fall, part of a storewide renovation.The Hecht's store now has 152,000 square feet of space.
BUSINESS
By Adam Sachs and Adam Sachs,SUN STAFF | November 11, 1995
Karen Commerford knows she's afflicted, but hers is an illness she can live with.It's called bargain fever, and Ms. Commerford was surrounded by similarly afflicted shoppers yesterday, combing the racks and sifting through piles of garments for one last deal on the last day of business for the Woodward & Lothrop store at the Mall in Columbia.The venerable, 115-year-old department store chain known affectionately to customers as Woodies -- a bankrupt business sold in a bidding war in August -- closed all remaining stores in the Baltimore-Washington area yesterday after a two-month liquidation sale billed as the "End of an American Era."
BUSINESS
By Mark Guidera and Mark Guidera,Sun Staff Writer Sun staff writer Alec Matthew Klein contributed to this article | September 2, 1995
Hell hath no fury like a shopper scorned.The venerable Woodward & Lothrop department store chain found that out in a big way yesterday, as shoppers who showed up for what the chain billed in some advertisements as a "historic liquidation sale" left empty-handed -- and furious."
BUSINESS
By Alec Matthew Klein and Alec Matthew Klein,Sun Staff Writer | July 30, 1995
At 6:30 a.m., April 8, 1861, an obscure young man named John Wanamaker opened the doors to a modest clothing shop tucked in downtown Philadelphia, 94 hours before the first gunshot echo of the Civil War.More than a century later, the fabled Wanamaker name, graced on a 12-story granite and steel department store, will vanish from the retailing universe before a parade of lawyers in Room 627 of U.S. Bankruptcy Court in New York City at 10 a.m. Aug. 8.There goes...
BUSINESS
July 15, 1995
Woodies gets 7th court extensionWoodward & Lothrop Inc. said it received bankruptcy court approval to extend to Sept. 19 from July 21 its exclusive right to file a bankruptcy reorganization plan.The Washington-based department store chain, which owns 29 Woodward & Lothrop and John Wanamaker department stores, said the court also extended its right to solicit acceptances for the plan until Nov. 20 from Sept. 19.Woodward & Lothrop sought its seventh extension of its exclusive filing period because of the recent agreement to sell 24 Woodward & Lothrop stores in Pennsylvania, Maryland, Delaware and Virginia to a four-member group led by Federated Department Stores Inc.Cosmetic Center sales rise 9%Cosmetic Center Inc.'s sales rose 9 percent in June to $9.3 million from $8.5 million in the same month in 1994.
BUSINESS
July 15, 1995
Woodies gets 7th court extensionWoodward & Lothrop Inc. said it received bankruptcy court approval to extend to Sept. 19 from July 21 its exclusive right to file a bankruptcy reorganization plan.The Washington-based department store chain, which owns 29 Woodward & Lothrop and John Wanamaker department stores, said the court also extended its right to solicit acceptances for the plan until Nov. 20 from Sept. 19.Woodward & Lothrop sought its seventh extension of its exclusive filing period because of the recent agreement to sell 24 Woodward & Lothrop stores in Pennsylvania, Maryland, Delaware and Virginia to a four-member group led by Federated Department Stores Inc.Cosmetic Center sales rise 9%Cosmetic Center Inc.'s sales rose 9 percent in June to $9.3 million from $8.5 million in the same month in 1994.
NEWS
By Alisa Samuels and Alisa Samuels,SUN STAFF | June 4, 1996
More than a half-year after the bankrupt Woodward & Lothrop chain closed its beloved store at The Mall in Columbia, its buyer, J. C. Penney, plans to open a new outlet there next month."
NEWS
July 12, 1995
Allen Warfield Jr.Test pilotAllen Jack Warfield Jr., a retired test pilot, died July 2 of cancer at his Wyman Park residence. He was 76.Known as "Baltimore Jack" as chief of the Air Force flight operations and acceptance division at the old Glenn L. Martin plant in Middle River, Mr. Warfield was responsible for accepting or rejecting every warplane that rolled off the assembly line.Mr. Warfield worked as a test pilot from 1948 until his retirement in 1963 as a lieutenant colonel. Among the planes he tested were the B57B Night Intruder, once the nation's fastest jet bomber, and the Flying Wing.
BUSINESS
By Alec Matthew Klein and Alec Matthew Klein,Sun Staff Writer | June 22, 1995
After 115 years in business, Woodward & Lothrop Inc. agreed yesterday to be bought by a group led by Federated Department Stores Inc., the giant retailer that swallowed R. H. Macy & Co. in December.Woodies, which has operated under Chapter 11 bankruptcy protection since January 1994, said the deal includes the purchase of most of its assets, including at least 11 Woodies stores and the flagship John Wanamaker store in downtown Philadelphia.Woodward & Lothrop said the deal, including the liquidation of assets not purchased by Federated, would generate a projected $640 million.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.