Wise Company

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Photo of Wise Company 1925 store
Sketch of Wise Company 1925 store
Long Beach in 1930. The Wise Company 1929 store can be seen at the left border, almost at the bottom. It has unadorned square edges topped by two square towers.

The Wise Company (stylized The Wise Co., a.k.a. The Wise Store) was a department store in Long Beach, California founded in the early 1900s by W. H. ("Herb") Wise.

In 1894 Wise opened a grocery store at Cherry Ave. and Third Street in Long Beach. On July 28, 1902, he opened "The Cash Store" grocery in 27-by-75-foot (2,200 sq ft (200 m2)) quarters that W. H. Wise rented for $30/month at Pine and First street (later the site of the Bank of Italy). Wise offered the first grocery delivery by motor vehicle in Southern California, an early Oldsmobile "one-lunger".[1] Wise added dry goods to his assortment, then removed groceries to deal exclusively in dry goods.

It moved to successively larger quarters: in 1906 to 333 Pine between Third and Fourth (later home to a Woolworth store).[2] The Cash Store Co. added linens and furniture to its lines. In 1911, Wise moved to a larger location again, this time to Broadway west of Pine, where it would do business until December 2, 1925. In 1915 Wise doubled the size of the 1911 store.[3]

1925 store

In that year 1925 Wise bought The Wall Company department store, changed the name of The Cash Store Co. to The Wise Company and on December 3, 1925, opened for business in new 57,000 sq ft (5,300 m2) quarters at 113-123 Broadway (since razed), reported to have cost $500,000 (($8.69 million in 2023)). W. Horace Austin, its architect, who also designed competitor Buffums 1912 store and 1924 addition.[4] The Long Beach Press-Telegram already called the 1925 building "splendid" and "one of the finest department stores on the Southern California Coast". Only a few years later, the Wise Company would impress Long Beach again and add to its growing civic pride.

1929 Building

On October 5, 1929, it opened a new building 216 Pine Avenue, adjacent to and immediately west of its 1925 store, at the northeast corner of Broadway, in art deco style with six stories and 150 ft (46 m) of frontage on each street, for a total of 135,000 sq ft (12,500 m2) of total floor area, of which four floors (90,000 sq ft (8,400 m2)) were dedicated to merchandising.[5]

The building harmonized with and formed an addition to, the existing Wise Co. building, which had been opened only four years earlier in 1925.[6] A Van de Kamp's Holland Dutch Bakery store operated in the Wise Co. store.[7]

Closing and epilogue

Wise closed his department store and retired in 1934,[8] after which the building was mostly empty for decades. Montgomery Ward operated for a time in the eastern (1925) portion of the store, but closed its store there in 1958.

For decades, a "blot on Downtown Long Beach"

Buffums department store, the Independent and the Press-Telegram newspapers saw the prominent nearly-empty building as a negative influence on the overall economic health of the retail core and central business district in general.

As Buffums put it in 1960:[8]

We have had truly wonderful neighbors all of our 56 years on the southwest corner of Pine and Broadway, excepting only… the Wise Building since out close friend and fine competitor Herb Wise retired from retailing some 26 years ago. The almost disgraceful misuse of the fine structure carrying his respected name over the last quarter century has proved an utter waste of an excellent property and a blot on all Downtown Long Beach

Syndicate to gain control of the building

The building had multiple owners at that point. Claude John owned the eastern (1925) part and National Dollar Stores owned the western (1929) part. John sold to Belcher Investments, who formed a syndicate with Buffums and the two newspapers and gained an option agreement with National Dollar Stores which would give them control over the western portion should they find a major retail anchor tenant for the building. However, despite spending $81,105 by April 1960 (($835,318 in 2023)), they failed to find one.[9]

By that time, most retail growth had shifted to the suburbs. In particular, the Lakewood Center had opened in 1952 at the northern edge of the City of Long Beach. May Company California, which operated Downtown Los Angeles' largest department store, taking up a full city block and with more than one million square feet of floor space, had opened a 347,000-square-foot (32,200 m2) branch at Lakewood, the world's largest suburban department store at that time.[10] May Company Lakewood alone was larger than Downtown Long Beach's Buffums, which in the first half of the twentieth century had been such a protagonist of civic pride.

Library option

In June 1960 Long Beach citizens voted on Measure C: whether a new library should be housed in the Wise Building.[9] Buffums expressed strong support for this option.[8] Another option was for Long Beach to issue bonds to finance a new library building in the Long Beach Civic Center, which won over the Wise Building option.

Current status

The building still exists in Downtown Long Beach and has been refaced with glass and steel. The two square towers that once topped the building are no longer present.[11]

Herb Wise

In addition to growing and running his retail business, W. H. "Herb" Wise had served as the head of the Long Beach Merchants' Association and of its Rotary Club.[3]

External links

Photos of the 1929 building

  • "The Wise Co. Building in 1932 (7 views)". California State Library. The Mott Studios. 1932. Retrieved 4 December 2023.
  • "Wise Building, Long Beach — Horace Austin, Architect | Architectural Digest | 1931 Volume VIII Issue 2". Architectural Digest | The Complete Archive. VIII (2). 1931. Retrieved 4 December 2023.

About The Wise Co.

References

  1. ^ "Pioneer Delivery Truck". Press-Telegram. 3 December 1925. p. 32. Retrieved 4 December 2023.
  2. ^ "New Home of Cash Store Company on Pine Avenue near Third Street". Press-Telegram. 10 February 1906. p. 1. Retrieved 21 March 2024.
  3. ^ a b "Business Grows from Small Beginning". Press-Telegram. 3 December 1925. p. 28. Retrieved 4 December 2023.
  4. ^ "Tours Are Made Before Start of Building. Extensive plans climaxed in Erection". Press-Telegram. 3 December 1925. p. 30. Retrieved 4 December 2023.
  5. ^ "Finishing Touches Being Applied to Beautiful New Downtown Area Buildings". The Long Beach Sun. 15 September 1929. p. 11. Retrieved 4 December 2023.
  6. ^ "Ground is Broken for New $500,000 Wise Co. Building". The Long Beach Sun. 10 April 1929. p. 7. Retrieved 4 December 2023.
  7. ^ "Van de Kamps Will Open First L.B. Store Tomorrow". The Long Beach Sun. 4 October 1929. p. 2. Retrieved 4 December 2023.
  8. ^ a b c "Advertisement placed by Buffum's in favor of establishing a new central library at the Wise Building". Independent. 25 May 1960. p. 10.
  9. ^ a b "Wise Syndicate Ready to Cede $100,000 Investment to the City". Independent. Long Beach, California. 6 April 1960. p. 2. Retrieved 4 December 2023.
  10. ^ "May Co. Opens Its vast New Lakewood Store". The Los Angeles Times. 19 February 1952. p. 25. Retrieved 4 December 2023.
  11. ^ "Cover Story: Scrapping History : Preservationists Fight to Keep a Vestige of City's Past as More Buildings Face Quake Retrofitting Deadlines". Los Angeles Times. 17 February 1994. Retrieved 4 December 2023.
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