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Witmark

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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
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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.
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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
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following year, Witmark liquidated its assets and laid off its 700+ employees. Like the larger national chains of catalog showrooms (such as
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This article is about the U.S. based specialty retail chain. For the Tin Pan Alley the music publisher, see
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The Plainfield Township, MI Witmark Catalog Showroom. Opened 1969, demolished 2021.
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Jewelry, electronics, sporting goods, furniture, beauty products, housewares, toys.
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markets respectively and more effectively than Witmark could.
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Grand Rapids Press: "Witmark Closings Surprise Landlords"
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from 1969 to 1997. The chain was founded by Paul Leven.
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Index

M. Witmark & Sons

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"Witmark"
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catalog showroom
Retail
Liquidated
Grand Rapids, Michigan
catalog showroom
jewelry
electronics
West Michigan
Best Buy
Circuit City
Toys "R" Us
Dick's Sporting Goods
MC Sports
toy
sports
Best Products
big box stores

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