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Hills Department Store Sign outside former Hermitage, Tennessee location. Hills filed for bankruptcy protection in February 1991, and the number of stores declined, from 214 to about 150. [ 6 ] Hills' financial woes dated back to its 1985 leveraged buyout from the Shoe Corporation of America which saddled it with debt.
No relation to Kobacker's Market, a grocery store in Brewster, New York; E.J. Korvette (New York City), closed 1980; Kresge's (multiple locations) Loehmann's, peaked at about 100 stores in 17 states, liquidated in 2014 after several bankruptcies. Lord & Taylor 1823-2020; Luckey, Platt & Company Department Store (Poughkeepsie) Martin's
In October 1961 Hills operated 23 stores with plans to open 7 more and expand an 8th within the next twelve months. Each planned store was to be 22,000 square feet (2,000 m 2) except for one. The exception was a store in the Walt Whitman Shopping Center in Huntington, New York, which measured 29,000 square feet. [4]
In 2012, stores were closed after Ascena Retail Group, best known today for its brands Ann Taylor, Loft, and Lane Bryant, bought Fashion Bug's parent company, Charming Shoppes. https://www.flickr ...
Here's a nostalgic look back at what earned these iconic department stores their place in history and what's happened to them since. Wanamaker's, Montgomery Ward, Barneys, and Marshall Field's. ...
In September 2023, the store announced that it would shutter stores in New York City, Seattle, San Francisco, and Portland, citing crime and safety threats in those areas. All four cities have ...
A 1984 expansion added Hills Department Store. The Sample closed in 1991, while AM&A's sold to The Bon-Ton in 1995. Hills became Ames in 1999; the same year, Montgomery Ward closed and became Rosa's Furniture. Due to the closing of Montgomery Ward, the mall started to decline. Ames closed in 2002, followed by many other mall stores.
More than 7,300 stores closed in 2024. The US retail market took a beating in 2024, with year-end figures showing an alarming spike in store closures across the country.. According to a recent ...