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Because of this, the store's merchandise was advertised as being "under the squiggly roof" well into the 1970s. Treasure Island logo In 1961, J.C. Penney was looking to break into the catalog business, and after failing to reach an agreement with Aldens in October, looked to acquire General Merchandise, who at the time was the country's fifth ...
The Sample – Western New York based retailer founded in Buffalo in 1928 when its founder brought a sample set of 48 dresses back from New York City. At its peak, the retailer was noted for its semi-annual clearance known as the Pup Sale. The demise of The Sample was in 1991 following the death of the chain's chairman a year earlier.
Pacific Coast Feather Company is a Boca Raton, Florida–based manufacturer of basic bedding including pillows, comforters, sheets, and featherbeds. Owned by the Hanauer family from 1924 through 2017, brothers Nick Hanauer and Adrian Hanauer (fourth generation) were co-chairmen until acquisition of the company by Hollander Sleep Products.
Exterior of the JCPenney store at the Stonebriar Centre in Frisco, Texas (2013) JCPenney headquarters in Plano, Texas (2014) In 2010, Vornado Realty Trust acquired a 9.9% stake in JCPenney but sold it in 2013 for $13.00 per share. [37] On January 24, 2011, JCPenney shut down its catalog business and 19 outlet stores. [38]
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In 1994, Home Interiors and Gifts was sold to the investment firm of Hicks, Muse, Tate & Furst in a $1 billion leveraged buyout. [1] [8] The company sold more than $850 million annually in silk and polyester flower arrangements, porcelain puppies and other decorative household items at home parties.
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