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In 1970, a second Watt & Shand store opened at Park City Center as one of the anchor tenants, which enabled the company to survive the exodus of large department stores in downtown Lancaster. By 1991, the Park City store generated 65% of sales, and virtually all of the company's profit. [3] The Bon-Ton purchased Watt & Shand in 1992, for about ...
Park City Center is a shopping mall located in Lancaster, Pennsylvania, and is the largest enclosed shopping center in Lancaster County. It is situated at the intersection of U.S. Route 30 and Harrisburg Pike. The mall has over 170 stores and features Boscov's, JCPenney, Kohl's, Raymour & Flanigan, and Round 1 Bowling & Amusement. [3]
All 17 stores were closed by May 2004. [18] The company promoted MacGregor Read and Eric Lindberg to co-CEO in 2006. [13] [19] Prior to their appointment, Read was vice president of real estate and Lindberg vice president of purchasing for the company. [19] They took over for Steven Read, who became executive chairman of Grocery Outlet. [19]
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In 1947, the store's façade was updated in Art Deco style, which was an emerging architectural style in the New York metropolitan area. [4] The store eventually expanded to five floors and over 400,000 square feet (37,000 m 2) of retail space. It was the first store in the world to have automatic talking elevators, notifying its passengers ...
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