[2] He started as a shipping clerk for his family's company and worked his way up to vice president in 1909.

[5] In 1926, Gimbel took over the company after his father was partially paralyzed after being thrown from a horse.

[2] While president, he targeted his rival Macy's which was featured in the movie Miracle on 34th Street,[2] and expanded the Saks brand nationally.

[2] Gimbels later was purchased by the Batus Retail Group and then the brand was retired in 1986.

His daughter Caral was married and divorced from Edward Lasker, son of Albert Lasker; and baseball superstar Hank Greenberg, before settling down with World War II hero Joseph M.