The retail industry is based on competition, the ability to recognize a trend and react quickly.
Timing is everything in retail. He even was fortunate enough to sell the stores before Covid. Is it timing or luck? Either way the stores were a household name on Long Island and had dressed many families.
Goldstein, believed that he could conquer this vast world with his entrepreneurial mindset and hunger for growth. He definitely used his vision wisely and his accomplishments in this dynamic domain cannot go unnoticed.
His excellent business acumen, partnership with his parents, and ability to stay updated with the business trends allowed him to take his existing family business to a success level. Always giving his parents the credit for their contribution to the success of the stores.
Lonnys is surely one of his biggest achievements that he took forward with a partnership with his parents. Although this brand was established in 1971 but he added a different viewpoint to it that made it even more successful. Continuing within the retail industry, he managed to set trends in the fashion world at different locations by introducing amazing styles. His venture also extended to ownership and operations of the original MGA Guess clothing store as well as the Benetton franchise.
From humble beginnings to towering achievements, Gary's story is a testament to the power of determination and resilience. Click below to embark on a journey of inspiration and discovery.
Gary’s mom and dad taught him the value and appreciation to have for their customer and employees. The stores became very well known for having the best selection of new and fashionable merchandise. Gary’s mom Ina, who ran the first store in Oceanside became everyone’s friend and customers would come in and share the stories with her. The combination of kindness, care and a great selection of clothes became the key to the success of the business.
Gary’s father Walter who was a men’s clothing manufacturer in New York, ran the business end of the stores and worked on the sales floor on weekends. Quickly making friends and creating a family atmosphere. Gary will always give credit to his parents for their leadership and the success of the business.
Even, this magical formula used within retail is clearly written in Larry Schwartz’s book called Paradox of Choice and this happens to be true for almost every aspect of this vast industry. One more thing that kept Gary’s retail success going was the immense attention towards customer loyalty. His brands provided the necessary quality and assistance that increased customer loyalty.
Explore how Gary Goldstein's passion for horse racing and expertise in retail transformed him into a successful entrepreneur.
Dive into his inspiring story on our About Us page.
In terms of any brand Gary is associated with, he has been able to create a Unique Selling Proposition that led to his success. All the stores he owned at different locations are in order to attract customers and are quite inviting in every possible way. Even, exceptional customer service plays an integral role in increasing the overall sales figures of his retail ventures. Just like always, Goldstein is all set to acquire more business knowledge and become a more impactful name in the arena of retail.
Goldstein’s partnership with Lonnys, a celebrated women’s fashion brand, is a testament to his retail prowess. Despite the challenges posed by online shopping giants, Lonnys continues to shine as a beacon of style and connection with its loyal customers. Through Goldstein’s leadership, Lonnys thrives in an ever-evolving retail world, setting trends and fostering strong community ties.
His entrepreneurial spirit flourished with the launch of MGA, a Guess franchise in bustling New York City. This venture marked the beginning of a remarkable journey, expanding to include Benetton stores across vibrant neighborhoods like Long Island and Brooklyn. Goldstein’s dedication and vision transformed these ventures into retail hotspots, enriching communities and leaving an inspiring legacy in the retail industry
G Goldstein
Excelling in Horse Racing, Retail, and Beyond
Guiding Success Across Diverse Industries
Turning Challenges into Success