Boulevard, and in 1939 a landmark store at 3240 Wilshire Boulevard near Bullocks Wilshire, designed by Myron Hunt, architect of the Ambassador Hotel. Sale to Bullock's In 1944, the chain was bought by the Los Angeles-based Bullock's department store chain. In the late 1950s the combined chain expanded into the Southern California suburbs by opening the Fashion Square concept in Santa Ana in 1958, the San Fernando Valley (Sherman Oaks) in 1962 and Del Amo (Torrance) in 1965. After a major proxy battle in 1964, Bullocks-I. Magnin was merged into Federated Department Stores. Bullock's, I. Magnin, and eventually Bullocks Wilshire were run as separate divisions of Federated. I. Magnin expanded in the Chicago and Washington, D.C. areas in the 1970s. Sale to Macy's R.H. Macy & Company had long yearned in the 1980s to enter the Southern California market. Along with trying to build their own stores, they attempted to purchase Federated, eventually losing a takeover war to the Campeau Corporation in 1988. As part of the settlement with Campeau, Macy's purchased Bullock's, Bullock's Wilshire and I. Magnin, subsequently beginning a reorganization of its divisions and consolidating the I. Magnin and Bullock's Wilshire stores into a semi-autonomous division under Macy's California. The seven Bullock's Wilshire stores were renamed I. Magnin in 1989. In 1991 Macy's announced plans to re-align its divisional structure and created a new Macy's West/Bullock's division by February 1992. While in the process of doing so, it declared bankruptcy on January 27, 1992. During the next two years, the I. Magnin group shuttered 11 stores of an already-reduced franchise with the historic original Bullock's Wilshire flagship on Wilshire Boulevard closed in early 1993 after years of losses aggravated by the effects of the 1992 Rodney King riots. The Oakland, California, store was closed in 1995. Liquidation In 1994 Federated Department Stores reached an agreement with R.H. Macy's creditors to buy the company out of bankruptcy, completing the acquisition on December 19 and making Macy's West/Bullock's a division of Federated. Even before the acquisition closed, it pulled the plug on the remainder of the I. Magnin chain, eventually selling four stores (Carmel, Beverly Hills, San Diego, and Phoenix) to Saks Fifth Avenue and ultimately converting six former I. Magnin locations in Palo Alto, Walnut Creek, Woodland Hills, Palm Desert, Newport Beach, and Palos Verdes to specialty Macy's or Bullock's locations, replicating the success of the 1991 conversion of