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The stores were serviced by a New York resident buying corporation, City Stores Mercantile Company, Inc., a subsidiary wholly owned by City Stores. In the 1950s, City Stores merged with Specialty Stores Co becoming City Specialty Stores. City Stores started in 1923 with the acquisition of three department stores: B. Lowenstein, Inc., of Memphis ...
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At the time of the purchase, Silo featured 183 stores that were, due to stiff competition from such retailers as Circuit City and Best Buy, facing dwindling sales. The Fretter stores were facing similar competition, and Fretter management hoped that the combination would create a retail electronics powerhouse better suited to take on the up-and ...
Circuit City Stores, Inc. v. Adams, 532 U.S. 105 (2001), was a United States Supreme Court case that concerned whether the "section one exemption" of the Federal Arbitration Act applied to an employment contract of an employee at Circuit City Stores. The Court held that the exemption was limited to the specific listing of professions contained ...
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The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that operated from 1859 to 2015. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and, until 1965, the largest U.S. retailer of any kind).