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TG&Y was a five and dime, or chain of variety stores and larger discount stores in the United States.At its peak, there were more than 900 stores in 29 states. Starting out during the Great Depression in rural areas and eventually moving into cities, TG&Y stores were firmly embedded in southern culture as modern-day general stores with a bit of everything.
McCrory purchased the TG&Y Discount store chain in 1985. This proved to be a difficult transition for McCrory. Many TG&Y stores were larger than the typical 10,000 to 15,000 square foot McCrory store, and the merchandise mix was very different. The TG&Y stores were not profitable and a drain on corporate assets.
In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. [3] The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and ...
Beginning around the 1960s, others tried the larger "discount store" format, such as TG&Y Family Centers, W. T. Grant, and Woolworth's Woolco stores. [citation needed]
In the 1983 film 10 to Midnight, detectives Leo Kessler (Charles Bronson) and McCann (Andrew Stevens) are en route to inform the parents of a murder victim of their daughter's demise when they pass a Pic 'N' Save, next to a Thrifty Drug Store; this location was at 11341 National Boulevard in Los Angeles.
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In 1957 Butler Bros. bought TG&Y variety stores with 127 locations. [15] In February 1960, the company was bought out by City Products Corp of Ohio, a company which had been in existence since 1894 as an ice company, for $53 million plus assumption of Butler Brothers liabilities. [16]
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