Stanley Marcus

American businessman (1905–2002)

For the U.S. Court of Appeals judge, see Stanley Marcus (judge) .

Harold Stanley Marcus (April 20, 1905 – January 22, 2002) was president (1950–1972) and later chairman of the board (1972–1976) of the luxury retailer Neiman Marcus in Dallas, Texas , which his father and aunt had founded in 1907. During his tenure at the company, he also became a published author, writing his memoir Minding the Store and also a regular column in _The Dallas Morning News _. After Neiman Marcus was sold to Carter Hawley Hale Stores , Marcus initially remained in an advisory capacity to that company, but later began his own consulting business, which continued until his death. He served his local community as an avid patron of the fine arts and as a civic leader. In a chapter titled "Mr. Stanley"—the name by which Marcus was known locally for decades—in his 1953 work Neiman-Marcus, Texas, Frank X. Tolbert called him "Dallas's most internationally famous citizen" and worthy of being called "the Southwest's No. 1 businessman-intellectual."

Marcus introduced many of the innovations for which Neiman-Marcus became known, creating a national award for service in fashion and hosting art exhibitions in the store itself, as well as weekly fashion shows and an annual Fortnight event highlighting a different foreign country for two weeks each year. He established the Neiman-Marcus Christmas Catalogue, which became famous for extravagant "His and Hers" gifts such as airplanes and camels. Marcus prided himself on his staff's ability to provide service and value for each client, often citing his father's dictum, "There is never a good sale for Neiman Marcus unless it's a good buy for the customer."

He received the Chevalier Award from the French Legion of Honor , was listed in the _Houston Chronicle _'s list of the 100 most important Texans, and was named by Harvard Business School among the greatest American Business Leaders of the 20th century. The Advertising Hall of Fame notes: "Stanley Marcus was among the most important figures in the history of American retail merchandising and marketing. Through his many innovations, he transformed a local Dallas clothing store into an international brand synonymous with high style, fashion and gracious service." he died in Dallas Texas on January 22 2002 age 96

Personal life and retail career

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Marcus was born in The Cedars, Dallas, Texas , the son of Herbert Marcus Sr., who later became a co-founder of the original Neiman-Marcus store with his sister Carrie and her husband, Abraham Lincoln "Al" Neiman . Stanley was the first of four sons born to Herbert Sr., and his wife, the former Minnie Lichtenstein . The pregnancy indirectly led to the eventual founding of Neiman-Marcus, as Herbert Sr. decided to leave Sanger's , where he was a buyer of boys' clothing, when he deemed his raise insufficient to support a family. Returning from two years spent in Atlanta, Georgia , establishing a successful sales-promotion business, the Marcuses and Neimans used the $25,000 made in the sale of that business to establish their store at the corner of Elm and Murphy. Given that the family's other option for the money was to invest in the then-unknown Coca-Cola Company, Marcus loved to say that Neiman-Marcus was established "as a result of the bad judgment of its founders." In his memoir, Marcus recalled his father as "affectionate" and his mother as even-handed in her attention to each of their children, making sure even into their adulthood to give them equivalent gifts and make sure they were praised equally.

Memorial Hall at Harvard College

One of Stanley Marcus's first jobs was as a 10-year-old salesman of _Saturday Evening Post _, bringing him into the family's business tradition from a young age. He attended Forest Avenue High School (now James Madison High School), where he studied debate as well as English with teacher Myra Brown, whom he later credited with much of his early interest in books. He began his university studies at Amherst College , but when traditions preventing Jews from joining clubs or fraternities drastically curtailed his social life, he transferred to Harvard College after the first year. At his new school, he became a member of the historically Jewish fraternity Zeta Beta Tau , later rising to become the group's president.

While living in Boston and pursuing his chosen major , English literature, Marcus began a lifelong hobby of collecting rare and antique books . To finance his pursuits, he began The Book Collector's Service Bureau, a mail-order book service, beginning with a letter of introduction sent to 100 homes. The venture proved so successful that for a time Marcus considered entering that line of work full time, concerned that entering the retail business might curtail his freedom of expression in politics and other areas of interest; his father persuaded him that he would always be granted the liberty of his own views, and pointed out that retailing was more profitable and thus would allow him to amass a large book collection that much sooner. Marcus also collected vinyl records . He donated his collection of 78s to record-store owner Bill Wisener , a friend and fellow Texan.

Early years at Neiman-Marcus

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After receiving an A.B. degree from Harvard College in 1925, he began his career at the retailer that same year as a simple stockboy organizing inventory , but upon beginning in sales, quickly outstripped other sales staff. He went back to study at [Harvard Business School](https://en.wikipedia.org/wiki/Harvard_Business_School "Harv

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