A year ago, Gump’s closed their store. Gumps specialize in providing beautiful and unique gifts and other items for their customers. The retailer has been around for 150-year-old store, but had to file for bankruptcy and ended up closing their store in December.
The new owners, the Chachas, are a family based out of New York City, New York. Their plan is to open up a pop-up store of Gump’s in Union Square area of San Francisco, CA. The plan is to have the store for around four months. This time is flexible and is dependent upon how the family feels sales are during the holiday season.
They also have to assess how their store fairs with regards to the high rent prices in San Francisco and the lack of potential employees in the retail industry. The Chachas family intends on bringing back the same service and elegance that was characteristic of Gump’s. They realize that it has a rich history in San Francisco, and they would like to bring that back.
The family plans to continue selling those items that have been a staple of Gump’s. This will include jade and jewelry, as well as apparel, furniture, ornaments linens and tableware. The hope is that these items will appeal to new customers. Part of the reason for the failure of the store was due to the failure to appeal to a younger clientele. They want to focus some of their attention on that customer base of the 30 to 40 year olds that have money. See This Page for more information.
There is still some concern about the future for Gump’s. Although they are planning for a temporary debut around Christmas, they will have to decide where their permanent place will be after the Christmas season. They also have some trepidation due to the current state that retail businesses face in San Francisco with increased homelessness, crime and general grime of the area.
They have stated plans to open both digital and physical stores in time for the 2019 Christmas season. The new Gumps website, which retains the company’s former logo, also promises a re-opening in the fall of 2019. The web site also offers email signup and links to Instagram and Twitter pages.
Read some great reviews about Gumps on https://www.tripadvisor.com/Attraction_Review-g60713-d156482-Reviews-Gump_s-San_Francisco_California.html