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- Witmark abstract "Witmark was a catalog showroom and jewelry/electronics chain that operated in West Michigan from 1969 to 1997. The chain was founded by Paul Leven.Over its nearly 30-year history, Witmark dominated the jewelry market with an average of a 34% market share. The organization made it a point to develop and keep close ties with the communities the stores served.By the early 1990s, Witmark's earnings began to decrease due to continued involvement in unprofitable categories outside of jewelry. Big box stores such as Best Buy, Circuit City, Toys "R" Us, Dick's Sporting Goods, and MC Sports captured the electronics, toy, and sports markets respectively and more effectively than Witmark could.In 1996, Witmark experienced its fourth consecutive year of declining sales and earnings, and the company announced changes to its operating strategy. Unfortunately, vast barriers—such as long-term leases on real estate—limited the company's ability to adapt to the changing business climate. The following year, Witmark liquidated its assets and laid off its 700+ employees. Like the larger national chains of catalog showrooms (such as Best Products), the retail concept collapsed in the late 1990s due to overwhelming competition from big box stores and Internet shopping.".
- Witmark extinctionYear "1997".
- Witmark fate "Liquidation".
- Witmark foundingYear "1969".
- Witmark industry Retail.
- Witmark location Grand_Rapids,_Michigan.
- Witmark product Electronics.
- Witmark product Jewellery.
- Witmark type Catalog_merchant.
- Witmark wikiPageExternalLink chronicle.htm.
- Witmark wikiPageExternalLink landlords.htm.
- Witmark wikiPageID "5318085".
- Witmark wikiPageRevisionID "603019140".
- Witmark areaServed "western Michigan".
- Witmark fate Liquidation.
- Witmark founder "Paul Leven".
- Witmark hasPhotoCollection Witmark.
- Witmark industry Retail.
- Witmark location Grand_Rapids,_Michigan.
- Witmark logo "240".
- Witmark name "Witmark Catalog Showrooms".
- Witmark products "Jewelry, electronics, sporting goods, furniture, beauty products, housewares, toys.".
- Witmark type Catalog_merchant.
- Witmark subject Category:1969_establishments_in_Michigan.
- Witmark subject Category:Catalog_showrooms.
- Witmark subject Category:Companies_based_in_Grand_Rapids,_Michigan.
- Witmark subject Category:Companies_disestablished_in_1997.
- Witmark subject Category:Defunct_companies_based_in_Michigan.
- Witmark subject Category:Defunct_retail_companies_of_the_United_States.
- Witmark subject Category:Retail_companies_established_in_1969.
- Witmark type Abstraction100002137.
- Witmark type CompaniesBasedInGrandRapids,Michigan.
- Witmark type CompaniesDisestablishedIn1997.
- Witmark type CompaniesEstablishedIn1969.
- Witmark type Company108058098.
- Witmark type DefunctCompaniesBasedInMichigan.
- Witmark type DefunctRetailCompaniesOfTheUnitedStates.
- Witmark type Group100031264.
- Witmark type Institution108053576.
- Witmark type Organization108008335.
- Witmark type SocialGroup107950920.
- Witmark type YagoLegalActor.
- Witmark type YagoLegalActorGeo.
- Witmark type YagoPermanentlyLocatedEntity.
- Witmark type Agent.
- Witmark type Company.
- Witmark type Organisation.
- Witmark type Organization.
- Witmark type Agent.
- Witmark type SocialPerson.
- Witmark type Thing.
- Witmark comment "Witmark was a catalog showroom and jewelry/electronics chain that operated in West Michigan from 1969 to 1997. The chain was founded by Paul Leven.Over its nearly 30-year history, Witmark dominated the jewelry market with an average of a 34% market share. The organization made it a point to develop and keep close ties with the communities the stores served.By the early 1990s, Witmark's earnings began to decrease due to continued involvement in unprofitable categories outside of jewelry.".
- Witmark label "Witmark".
- Witmark sameAs m.0df8kz.
- Witmark sameAs Q8028362.
- Witmark sameAs Q8028362.
- Witmark sameAs Witmark.
- Witmark wasDerivedFrom Witmark?oldid=603019140.
- Witmark isPrimaryTopicOf Witmark.
- Witmark name "Witmark Catalog Showrooms".