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Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer
 
 
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Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer [Hardcover]

A. Alfred Taubman (Author)
4.3 out of 5 stars  See all reviews (7 customer reviews)

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Book Description

April 10, 2007

In this candid memoir, A. Alfred Taubman explains how a dyslexic Jewish kid from Detroit grew up to be a billionaire retailing pioneer, an intimate of European aristocrats and Palm Beach socialites, a respected philanthropist and, at age 78, a federal prisoner.

With a unique blend of humor and genius, Taubman shows how selling fine art and antiques really isn't that different from marketing root beer or football, and offers penetrating insights into that quintessential palace of commerce, the luxury shopping mall. Alfred Taubman may not have invented the modern shopping center but, in the words of The New Yorker, "he perfected it."

Taubman's life has been a storybook success, with its share of unique challenges. A pioneer builder and innovative real estate developer, he was also a brilliant land speculator, operator of a quick-serve restaurant chain, and owner of a major department store company. But what seemed like the pinnacle of his career, buying and reinventing the venerable art auction house Sotheby's, would lead to his conviction in an international price fixing scandal.

Despite the twists and turns, Taubman's life and business philosophy can be summed up in one evocative phrase: Threshold Resistance. Understanding and defeating that force—breaking down the barriers between art and commerce, between shoppers and merchandise, between high culture and popular taste—has been his life's work.


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Editorial Reviews

From Publishers Weekly

Unlike many successful businessmen who polish their legacy with treacly fables, Taubman has written a frank, engaging memoir with hard-earned lessons. Starting in the 1950s from humble Detroit roots, Taubman built an enormously successful property company by essentially creating the modern shopping mall. Taubman recognized that large, enclosed malls could thrive in the suburbs by providing a greater range of shops than city Main Streets and by offering a new sense of luxury. Refreshingly, he shares as many lessons about his failures as he does touting his successes. "People run businesses. Great people run great businesses," he ruefully concludes from his inability to save the famous Washington, D.C., retailer Woodward & Lothrop. In detailing his 1980s experiences with Sotheby's auction house, which he helped transform into a dynamic, profitable art world player, Taubman writes candidly if bitterly about how his role as chairman exposed him to an employee's illegal price-fixing scheme, leading to his trial, sentencing and time spent in federal prison. Unfortunately, the dreadful title (which describes consumers' reluctance to enter a store and sums up Taubman's theory of life) may create the very type of consumer trepidation the author has fought his whole life. (Apr.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

A. Alfred Taubman is the founder of Taubman Centers, Inc., one of the nation's leading real estate developers and operators of regional shopping centers. During his business career he has owned Sotheby's Holdings, the Irvine Company, A&W Restaurants, the Woodward and Lothrop and John Wanamaker department store chains, and the Michigan Panthers of the United States Football League. He also served as a director of R. H. Macy Co., Getty Oil Company, Chase Manhattan Bank, and United Brands. A major benefactor to educational, medical, and art institutions, he lives in Bloomfield Hills, Michigan.


Product Details

  • Hardcover: 224 pages
  • Publisher: HarperBusiness; 1st ed edition (April 10, 2007)
  • Language: English
  • ISBN-10: 0061235377
  • ISBN-13: 978-0061235375
  • Product Dimensions: 9 x 6.1 x 0.9 inches
  • Shipping Weight: 2.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #330,241 in Books (See Top 100 in Books)

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Customer Reviews

7 Reviews
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Average Customer Review
4.3 out of 5 stars (7 customer reviews)
 
 
 
 
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8 of 8 people found the following review helpful:
5.0 out of 5 stars Great lessons in life and business, April 16, 2007
By 
Bruce PB "Bruce" (Palm Beach, FL USA) - See all my reviews
This review is from: Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer (Hardcover)
I found this book to be remarkable. Taubman writes with humor and humility. I would suggest that this be required reading in business school classes in entrepreneurship and ethics. His story is one of a Shakespearean drama - his rise from depression era poverty, funding his education through the selling of shoes, to being a young architect boldly suggesting to an industry icon that through design a better sales and profits would result. Then starting his own firm with $5,000 to becoming a billionaire who brought creativity to the business of selling art, root beer and charitable giving. Then as in any great drama the betrayal of a trusted person (Dede Brooks CEO of Sotheby's) and the revelation of his untold side of the trial including prosecutorial misconduct and a judge with more than questionable judgment.
Al Taubman has had an extraordinary career with a story of determination and redemption that will serve well those interested in family business, marketing, functional design, the history of real estate development, trial strategy, charitable giving, art history and personal accomplishment. 5 stars!
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8 of 8 people found the following review helpful:
4.0 out of 5 stars Billionaire Claims Innocence, April 12, 2007
By 
B. Alton "lotsoreading" (New England, United States) - See all my reviews
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This review is from: Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer (Hardcover)
Finally, we get "his" side of the story. In this excellent memoir, Taubman reflects on his successes in the shopping mall and real estate world. The details are fascinating and his entree into the world of high finance and the art world are entertaining...we learn that perhaps selling art is not at all like selling root beer. When he stood trail for the Sotheby's/Christie's price fixing scandal in 2001, he went against his better judgement and intuition, and listened to his lawyers. He never defended himself on the stand! Sounds like his got terrible advice from his high priced advisors. I was left with more answers, but a feeling of a missed opportunity on his part. Why did such an intelligent and clever man fail to speak up and tell his version of the truth when it was obviously called for? If we believe his side of the story, the true criminals are still out there in the public - it is a scary tale- a miscarriage of justice and real life tale of greed and deceit. Glad I got my hand on this book! The lesson learned is this....ALWAYS trust your intuition!
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6 of 6 people found the following review helpful:
5.0 out of 5 stars The rest of the story...., April 16, 2007
This review is from: Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer (Hardcover)
Having just finished reading A. Alfred Taubman's new book, "Threshold Resistance", I am thoroughly intrigued and amazed with this story. With his entire life focused on doing the right and best things for as many people as possible, how could it be that he ended up on the wrong side of the Government and spent time in our prison system? As with any situation where the primary information comes from new sources, internet, or just word of mouth, this book reminds me as a reader that there is a second side to every story. I felt the sincerity in every word written by Mr. Taubman and I can only wish that the entire jury had been able to hear the whole story before convicting him; I believe the course would have changed. However, his own words of "Faith, along with friends and family, can get you through the most difficult of life's tests" truly confirms that he left prison a far richer man than when he entered.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
threshold resistance, auction business, frosted mug
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Sir Anthony, Taubman Company, United States, Max Fisher, Dede Brooks, Irvine Ranch, Henry Ford, Irvine Company, Neiman Marcus, University of Michigan, World War, Fifth Avenue, Alfred Taubman, San Francisco, Anthony Tennant, Christopher Davidge, Palm Beach, Ann Arbor, General Motors, Marshall Field, Milton Petrie, Wells Fargo, Business Week, New Bond Street
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