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Harold's had added new clothing styles to attract more youthful buyers, but alienated its core customers in the process. Hurricanes in 2005 added to heavy losses for stores in three southern states, and the company lost $6 million that year and $11 million in 2006, the year Harold's stock was delisted from the American Stock Exchange. [5] [14]
The average outlet center has an area of 216,000 square feet. [2] In 2003, outlet malls in the U.S. generated $15 billion in revenue from 260 stores. The number of U.S. outlet centers increased from 113 in 1988 to 276 in 1991 and to 325 in 1997. [2] Outlet malls are not an exclusively American phenomenon.
In 2013, home appliances made up 78% of Sears Outlet's sales revenue and total revenue from Sears Outlet stores was $610 million. [42] In 2014, Sears Outlet partnered with the Make-A-Wish Foundation to support children with life-threatening conditions. [43] By August 2019, 127 Outlet Stores were in operation. [44]
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The Bargain! Shop Holdings, Inc., also known as TB!S, is a Canadian discount variety store chain operating in all Anglophone provinces in Canada, except PEI. The Bargain! Shop originated as a closeout store division of Woolworth Canada, developed out of some of the bankrupt assets of Bargain Harold's in 1
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.
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