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Marcus, Stanley Harold

Publication: Gale Encyclopedia of U.S. Economic History

Publication Date: 01-JAN-00
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COPYRIGHT 2000 Gale Group, COPYRIGHT 2005 Thomson Gale, a part of the Thomson Corporation

MARCUS, STANLEY HAROLD

Stanley Marcus (1905–) was president of the Neiman Marcus retail department store chain from 1950 to 1975. Involved in the company since 1926, he continued the family tradition of providing high-quality products at reasonable prices. Marcus turned a local Dallas store into an internationally respected retailer with 30 stores nationwide.

Stanley Harold Marcus was born in Dallas, Texas, on April 20, 1905. He was the eldest son of Herbert Marcus, one of the founders of the Neiman Marcus department store, and Minnie Lichenstein Marcus. Stanley Marcus was the eldest of four sons. He was raised in Dallas and attended Forrest Avenue High School. From there, he went East to prestigious Harvard University. He graduated in 1925 and received his Master's in business administration from Harvard's Business School in 1926.

Retailing was a Marcus family affair. In 1907, when Stanley Marcus was only two years old, Herbert Marcus, Sr., along with Stanley's aunt and uncle, Carrie Marcus Neiman and Al Neiman, founded Neiman Marcus. Young Stanley spent his childhood playing among the clothing and display cases of his family's Dallas store.

Upon returning from Harvard in 1926, Marcus went to work at the store. Al Neiman had just retired, and the elder Marcus needed his son's help. Stanley Marcus started work as a floor man in Neiman Marcus' apparel departments. It was not the career he...

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