Retailing giant Alan Fortunoff died of complications from cancer at his home Tuesday night. He was 67.
Fortunoff spent more than 40 years transforming his family's house-goods store in Brooklyn, N.Y. into a chain of jewelry and housewares stores, with the flagship store in Westbury, N.Y., outlets in New Jersey malls and one location on Manhattan's Fifth Avenue. According to Newsday, the private company had sales of $390 million in 1998 and employs about 2,500.
The family has yet to name a successor to run the business. Fortunoff's wife of 47 years, Helene, five of his children and his sister's three children are involved with the company. Industry experts expect Helene will succeed him.
Fortunoff is survived by his wife and six children. Donations in his memory can be sent to The Fortunoff Video Archive for Holocaust Testimonies at Yale University, Sterling Memorial Library, New Haven, CT 06520 or The Cancer Research Institute, 681 Fifth Ave., New York, NY 10022.
- by Julia M. Duncan