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The company was founded in 1970 as Pennsylvania Fashions Inc. [6] The company operated stores under various brand names. Cary Klein purchased the company from his father in 1989 and later developed the rue21 concept. [7] In February 2002, Pennsylvania Fashions filed for Chapter 11 bankruptcy protection. [8]
The passage of environmental protection laws in the 1970s turned New Jersey Zinc's legacy of environmental pollution into a liability. In 1981, former officials of Gulf and Western's Natural Resources Division led a buyout of New Jersey Zinc and made it a subsidiary of Horsehead Industries, Inc, a reference to the company's logo adopted in 1852.
Each SYMS and Filene's Basement store offered a broad range of merchandise from nationally recognized designer or brand-name labels for men, women, and children. [citation needed] On November 2, 2011, SYMS and Filene's Basement collectively filed for Chapter 11 bankruptcy protection. All SYMS and Filene's Basement stores were closed at the end ...
When the company emerged from bankruptcy protection in November 1990, it was owned by the Castle Harlan Group. [14] In May 1992, Sharon Steel was based in Farrell, Pennsylvania and employed around 2,700 people. [14] Financial losses forced the company to close in November 1992, and later that month file for bankruptcy a second time. [6]
A 1975 New York Times profile traced the company's origins to a lumber business started in Newark in 1922 by two Russian Jewish Americans, Abraham Levy and Morris Charin (1887–1963). [1] [2] A 1990 article in the same publication, and other company releases, however, have put the founding date at 1908. [3]
After filing for bankruptcy last week, Rite Aid is expected to shutter more than 150 stores across the U.S. — including dozens in Pennsylvania.. The company, which operated more than 2,000 ...