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E. J. Korvette. E. J. Korvette, also known as Korvette’s, was an American chain of discount department stores, founded in 1948 in New York City. It was one of the first department stores to challenge the suggested retail price provisions of anti-discounting statutes. [1] Founded by World War II veteran Eugene Ferkauf and his friend, Joe ...
Loehmann's Holdings, Inc. Loehmann's was an American retail company which started as a single store in Brooklyn, New York and grew to a chain of off-price department stores in the United States. The chain was best known for its "Back Room", where women interested in fashion could find designer clothes at prices lower than in department stores ...
It also announced plans for a new Bay Ridge store at a shopping center developed by the Gindi's, with more locations planned for both the United States and internationally. [25] Although the New York City flagship was scheduled to reopen on April 25, 2023, [26] [27] the opening was delayed until May 16, 2023. [1]
In 1988, Barneys opened a 10,000-square-foot (930 m 2) men's store in the World Financial Center. The store abandoned its Seventh Avenue flagship in 1993, moving to a 230,000-square-foot (21,000 m 2), Kohn Pedersen Fox -designed Manhattan store on Madison Avenue at East 61st Street. It was the largest new store in New York City since the Great ...
Meijer was founded as Meijer's in Greenville, Michigan, in 1934 by Hendrik Meijer, a Dutch immigrant. Meijer was a local barber who entered the grocery business during the Great Depression. His first employees included his 14-year-old son, Frederik Meijer, who later became chairman of the company.
Caldor, Inc. was a discount department store chain founded in 1951 by husband and wife Carl and Dorothy Bennett. Referred to by many as "the Bloomingdale's of discounting," [1] Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, New York, into a regional retailing giant. [2] Its stores were earning over $1 billion (~$2. ...
There were 527 John's Bargain Stores in the Northeast and in Puerto Rico at its zenith in the mid-1960s. [2] Between 1961 and 1965 the chain earned $1,000,000 per year or more in profits each year. However, in 1966 they ran a $523,947 (~$3.76 million in 2023) loss. Shoplifting was a problem, among others. John's had an average 32% markup on its ...
TG&Y was a five and dime, or chain of variety stores and larger discount stores in the United States.At its peak, there were more than 900 stores in 29 states. Starting out during the Great Depression in rural areas and eventually moving into cities, TG&Y stores were firmly embedded in southern culture as modern-day general stores with a bit of everything.
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