Subscribe to Berger's Beat:

EDISON STORES INC.

Once there were giants who built well – for the ages, they thought – but their landmarks, the solid evidence of their achievements could disappear overnight. I was reminded of that this week at Pumpernickle’s Deli where I visited with Marilyn and Bernard “Bunny” Edison. His dad and uncles created the Edison Brothers Stores, Inc. empire. The company had a glorious past and the founders were extremely philanthropic. During the Depression, Bernard’s mother pawned her diamonds to feed the poor; his dad generously donated shoes to the poor. Bernard became president of the company and acquired the profitable Jeans West chain. Then came the thud in 1995 when the company filed for bankruptcy. Months before that, president and simian-face Martin Sneider dropped under the radar as did chairman Andrew Newman, both blamed for the collapse of the more than 2,000 apparel and footwear stores. Gone were pensions and other perks. Newman was the grandson of one of the founders; Sneider went on to become. . . a professor of retailing at WashU’s Olin School. Go figure!

3 Responses to “EDISON STORES INC.”

  • KITTY says:

    Anyone who knew anything about the collapse of Edison Brothers knows it was TOTALLY the fault of Andy Newman. I don’t know Sneider, nor did I know until just now that he has a monkey’s face? A good and daring quip, Bergermeister. You could have said the same thing about a prominent DC insider!

  • Pancho47 says:

    When I was in high school I worked at the warehouse on 2nd street. They employed many young folks. Great place to work. I remember Dave Alton. Nice folks

  • Joe Hanon says:

    Andy Newman- while playing cards with his friends – used to listen to the Oldies Show on Sunday nights when it was broadcast live from Joe Hanon’s Restaurant!
    This surely is testament to his good taste!

Leave a Reply

You must be logged in to post a comment.


Warning: include() [function.include]: URL file-access is disabled in the server configuration in /homepages/3/d313590348/htdocs/wp-content/themes/berger1/footer.php on line 29

Warning: include(http://bergersbeat.com/wp-content/plugins/postie/get_mail.php?Submit=Run+Postie) [function.include]: failed to open stream: no suitable wrapper could be found in /homepages/3/d313590348/htdocs/wp-content/themes/berger1/footer.php on line 29

Warning: include() [function.include]: Failed opening 'http://bergersbeat.com/wp-content/plugins/postie/get_mail.php?Submit=Run+Postie' for inclusion (include_path='.:/usr/lib/php5.2') in /homepages/3/d313590348/htdocs/wp-content/themes/berger1/footer.php on line 29