Business: Gimbels Go West

Adam Gimbel wanted to be an architect, but Gimbels have been storekeepers ever since 1842 when an earlier Gimbel started a trading post for fur trappers in Vincennes, Indiana. Adam went to Yale Architectural School for two years but he did not go into architecture. Instead, in 1915, he started to help keep the family stores. Storekeeper Horace Saks died in 1925, just after opening a store on Fifth Avenue and selling out to Gimbel Bros. Adam Gimbel's cousin Bernard made him president of Saks-Fifth Avenue. But after 17 years of storekeeping, handsome...

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