About: Witmark

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An Entity of Type : yago:WikicatRetailCompaniesEstablishedIn1969, within Data Space : dbpedia.org associated with source document(s)
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http://dbpedia.org/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FWitmark

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.

Attributes	Values
rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise yago:WikicatCompaniesBasedInGrandRapids,Michigan yago:WikicatCompaniesDisestablishedIn1997 yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity historic place organisation yago:SocialGroup107950920 yago:WikicatDefunctCompaniesBasedInMichigan yago:WikicatDefunctRetailCompaniesOfTheUnitedStates yago:WikicatRetailCompaniesEstablishedIn1969
rdfs:label	Witmark (en)
rdfs: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. (en)
foaf:name	Witmark Catalog Showrooms (en)
name	Witmark Catalog Showrooms (en)
foaf:depiction
location	Grand Rapids, Michigan
dcterms:subject	1969 establishments in Michigan American companies established in 1969 Defunct companies based in Michigan Defunct retail companies of the United States Retail companies established in 1969 Retail companies disestablished in 1997 Companies based in Grand Rapids, Michigan Catalog showrooms
Wikipage page ID	5318085 (xsd:integer)
Wikipage revision ID	1065440383 (xsd:integer)
Link from a Wikipage to another Wikipage	Electronics Best Buy Best Products 1969 establishments in Michigan Grand Rapids, Michigan MC Sports American companies established in 1969 Defunct companies based in Michigan Defunct retail companies of the United States Retail companies established in 1969 Crepundia Toys "R" Us West Michigan Retail companies disestablished in 1997 Retail Companies based in Grand Rapids, Michigan Catalog showrooms Jewelry Dick's Sporting Goods Sports Internet shopping Liquidated Big box store Circuit City (1949 company) Catalog showroom
Link from a Wikipage to an external page	http://www.slushfactory.com/witmark/chronicle.htm http://www.slushfactory.com/witmark/landlords.htm
sameAs	Witmark Witmark Witmark Witmark
dbp:wikiPageUsesTemplate	dbt:About dbt:End_date dbt:Infobox_company dbt:More_citations_needed dbt:Portal dbt:Start_date
thumbnail	wiki-commons:Special:FilePath/WitmarkCatalogShowroomLogo.jpg?width=300
area served	Western Michigan (en)
fate	Liquidated
founder	Paul Leven (en)
industry	Retail
location	Grand Rapids, Michigan
logo	WitmarkCatalogShowroomLogo.jpg (en)
logo size	240 (xsd:integer)
products	Jewelry, electronics, sporting goods, furniture, beauty products, housewares, toys. (en)
type	Catalog showroom
has 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. (en)
gold:hypernym	Showroom
prov:wasDerivedFrom	wikipedia-en:Witmark?oldid=1065440383&ns=0
page length (characters) of wiki page	3005 (xsd:nonNegativeInteger)
fate	Liquidated (en)
founding year	1969-01-01 (xsd:gYear)
industry	Retail
product	Electronics Jewelry

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