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Ben Franklin Stores purchased Texas retailer Duke & Ayres in the early 1970s. [3] Duke & Ayres was a chain of 5 and 10 cent stores based in Dallas, Texas , with stores that were located throughout the state from approximately 1910 to 1990.
At its peak, there were some 2,500 Ben Franklins nationwide, but by the time Ben Franklin Stores declared bankruptcy 1996, only about 860 were left. Today, a handful still exist. Butler Bros ...
It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55] Cygnet Shops – women's fashion store that closed in 1975; DEB – closed its stores in 2015, and returned later that year as an online-only retailer selling plus-size clothing
F. C. Nash & Co. – Nash's (Pasadena), at one time had 5 stores in downtown locations in neighboring small cities during the 1950s and 1960s, founded in 1889 as a grocery store, became a department store in 1921, branch stores were unable to compete with larger chains opening in malls built in the late 1960s and early 1970s and had to be ...
In 1945, Sam and Helen Walton purchased their first Ben Franklin "variety store" in Newport, Arkansas. Within five years, Sam was able to make his Ben Franklin store the top franchise in the state.
Michael Dupey got his start in 1968 when he worked for City Product Corporation (Ben Franklin Stores). He converted one of these stores into an arts and crafts outlet after his father, James Dupey, purchased it for $72,000 from City Product Corporation. The buyout stated that Michael Dupey had to pay his father back $1.2 million after taxes ...
The City Council also noted it will lease the vacant 60-62 Wakefield St. property that was formerly a Ben Franklin store. St. Elizabeth Seton School, at 16 Bridge St. in Rochester, closed at the ...
By 1936, there were 2,600 Ben Franklin stores and 1,400 Federated stores. In the 1940s and 1950s, Butler Brothers was one of the largest wholesalers in the country. Unlike many modern franchises, which seek to present a uniform identity to consumers, the Ben Franklin franchise largely benefitted dime store owners by making weekly shipments from ...