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This is a list of department stores and some other major retailers in the four major corridors of Downtown Los Angeles: Spring Street between Temple and Second ("heyday" from c.1884–1910); Broadway between 1st and 4th (c.1895-1915) and from 4th to 11th (c.1896-1950s); and Seventh Street between Broadway and Figueroa/Francisco, plus a block of Flower St. (c.1915 and after).
On December 21, 1998, Levitz announced it would close 27 stores and lay off 25% of its workforce. The company downsized its warehouse system from 65 to 17 sites. [4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis. [5]
The wholesale segment includes England, La-Z-Boy, American Drew, Hammary, Kincaid and the company's international wholesale and manufacturing businesses. The company-owned retail segment includes approximately 165 La-Z-Boy Furniture Galleries stores out of about 350. Joybird is an e-commerce retailer and manufacturer of upholstered furniture.
The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada. [2]
The original downtown store was moved in 2000 to West Morena Boulevard. [4] Between 2009 and 2013 four more locations were added, which opened up the Los Angeles market. [5] By 2015 Jerome's had a total of 11 stores and a turnover of over $147 million, and had attained a top-fifty furniture retail ranking. [6]
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