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During the 1970s and 1980s, Service Merchandise was a leading catalog-showroom retailer. At its peak, the company achieved more than $4 billion in annual sales. As the company expanded, it began to open showrooms nationwide, mostly in the vicinity of major shopping malls, which were in vogue in the 1970s.
A keycard lock is a lock operated by a keycard, a flat, rectangular plastic card. The card typically, but not always, has identical dimensions to that of a credit card , that is ID-1 format . The card stores a physical or digital pattern that the door mechanism accepts before disengaging the lock.
Roy Oliver served as the CEO of Medeco through the early 1980s. In the 1960s, Mr. Spain perfected a lock featuring angled key cuts with elevating and rotating pin tumblers, and submitted the design to the U.S. Patent Office. As part of a promotional campaign, he advertised that anyone who could pick this lock would receive $50,000.
During the 1980s, the company grew exponentially, achieving sales of $100 million annually. In the 1990s, Unican Security Systems was supplying locks to the U.S. Pentagon and the United Nations . By 1999, the company had sales of nearly $500 million annually, making 4.5 million keys each day for automobile companies, hotels, residential ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Mayor Sara Funaro’s Cabinet also approved a 10-point plan that would ban key boxes on buildings in Florence’s historic centre, a statement from City Hall said last month.
On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...
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