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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.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Hills leased 35 Gold Circle stores in Ohio, New York, and Kentucky and immediately converted them into Hills stores following the liquidation sales, reopening early in 1989. Some of the Gold Circle stores became Hills Department Stores or Target , while Springfield and Elyria, Ohio , became Kmart . [ 2 ]
The brand's stores and e-commerce site disappeared in 2010. Merry-Go-Round – Merry-Go-Round had more than 500 locations during its heyday in the 1980s. It went bankrupt in 1995. [65] Mervyn's – a California-based regional department store founded in 1949. Mervyn's ill-fated expansion out of West Coast markets in the months before a ...
Simon Lazarus, founder of what was to become The F&R Lazarus & Co., which blossomed into Macy's, Inc. (formerly Federated Department Stores). Family patriarch Simon Lazarus (1808–1877) opened a one-room men's clothing store in downtown Columbus in 1851. By 1870, with improvements to the industry in the mass manufacture of men's uniforms for ...
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One of the best post-Christmas sales we look forward to every year is Nordstrom's Half-Yearly Sale, which typically kicks off the day after Christmas and lasts for a couple of weeks.Ring in the ...
Value City Department Stores was an American department store chain with 113 locations. It was founded in 1917 by Ephraim Schottenstein, a travelling salesman in central Ohio. The store was an off-price retailer that sold clothing, jewelry, and home goods below the manufacturer suggested retail price. The chain focused on buyout and closeout ...