would sell them in 1973 to Bank of America Realty Investor and Draper and Kramer for $16.3 million. Bullock's, Bullocks Wilshire, and I. Magnin retained their autonomy under Federated, as well as their carriage-trade niche, with I. Magnin expanding into the Chicago and Washington, D.C. metropolitan areas and Bullock's opening stores in Phoenix, Las Vegas and Northern California. In 1983 however, Federated shuttered the Bullock's North division and sold most of its locations to Seattle, Washington retailer Nordstrom. In 1988, after an ugly takeover battle between Robert Campeau and Macy's for Federated, Bullock's and I. Magnin were sold by Campeau to Macy's as a consolation prize for one billion dollars, which plunged Macy's into debt. The new owners responded by dismantling Bullock's Los Angeles corporate offices, merging Bullocks Wilshire into I. Magnin, and Bullock's into its Macy's South division, sending what had been Federated's most profitable division into a precipitous decline and alienating customers. The end came quickly for Bullock's after Macy's filed for bankruptcy protection in 1992, with the Bullocks Wilshire stores being renamed I. Magnin two years before. Underperforming I. Magnin and Bullock's locations were closed, and I. Magnin itself was dissolved in January 1995 once Federated Department Stores reappeared on the scene and acquired Macy's. In 1996—following the acquisition of Broadway Stores, Inc.—Federated consolidated all its traditional department-store business in California under the Macy's nameplate, ending 89 years of Bullock's. Luxury market Although the Bullocks Wilshire stores were deemed the most exclusive, the full-line Bullock's stores offered upscale designers such as Giorgio Armani, Jean-Paul Gaultier, Missoni, Krizia, Valentino, Salvatore Ferragamo, Byblos, Hugo Boss, Gieves & Hawkes, and Robert Graham. Under Federated, the 22 Bullock's stores offered consistent assortments in each location, a key to the company's profit and success (exceptions were the Lakewood, West Covina, Carlsbad and Grossmont, California, locations.) Under the corporate oversight of Macy's South in Atlanta, the 22 Bullock's stores were divided into three competing regions: merchant offices with extremely limited control were established in Santa Ana, Sherman Oaks and the existing 800 South Hope Street building. Macy's, now under tremendous debt, national economic issues and having alienated customers with swift and usually reactive changes to the Bullock's brand, focused and relied on South Coast Plaza, Sherman Oaks and Beverly Center to retain an upscale clientele. Store list Only full line Bullock's division stores. Note: "Closing" refers to store closing date as Bullock's or