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Ellman's – acquired by Service Merchandise in 1985 [39] [40] H. J. Wilson Co. – Southern states, based in Baton Rouge, Louisiana; acquired by Service Merchandise in 1986 [39] [40] K's Merchandise Mart – liquidated in 2006; Luria's – originally L. Luria & Son, was a chain of catalog showroom stores in Florida, from 1961 to 1997.
Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods and electronics. The company, which first began in 1934 as a five-and-dime store , was in existence for 68 years before ceasing operations in 2002.
The chain operated over 2,000 stores worldwide. Stores included lunch counters and fountain service as well as full department stores. It also operated Jupiter stores which were a smaller-scale version of Kresge's and located in downmarket or declining commercial districts (the equivalent of a "dollar store" division of Kresge's). Jupiter ...
Saunders’ stats show that department stores have fallen from 14.1% of US retail sales in 1993 to just 9.8% ten years later, to 5.7% in 2013, and to only 2.6% last year.
Despite the initial success of the off-price format, the mall continued its economic decline. Service Merchandise relocated in 1995 to a new store roughly half a mile away at the Crossings at Hobart shopping center. [5] Burlington Coat Factory then expanded into the former Service Merchandise space.
The American casual dining chain known for its “flair” filed for Chapter 11 in November after years of dealing with a shrinking footprint and a decline in customers. TGI Fridays said in a ...
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
1909 Caledonia, Missouri. This circa 1909 country store aims to transport visitors back to a "simpler time" with nostalgic touches like its homemade ice cream, antique gallery, Amish-made fudge ...