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In 1983, Payless Cashways purchased the Sacramento, California–based Lumberjack Stores Inc for $26.3 million (~$67.6 million in 2023). [ 3 ] [ 4 ] In the following year, Payless Cashways purchased the Somerville, Massachusetts –based Somerville Lumber & Supply Company for $12 million in stock.
The only building constructed during this time, which remains intact in the neighborhood today, is the Pay'n Takit Market at 7th Avenue and Roosevelt. This small grocery was the twenty-third store opened up by the Pay'n Takit Grocery Company. A Phoenix chain founded in 1917, they promoted the innovative concept of self-service or cash and carry."
In November 2001, the mall was renamed Phoenix Spectrum Mall, [4] and Grossman Company Properties began a $10 million renovation project. The mall changed its focus to discount stores, starting with the demolition of The Broadway and replacement by Walmart (originally built as a discount store, later expanded into a Supercenter) in 1994. [5]
In the 1980s, it underwent a massive expansion of both HQ and the Hechinger Co. divisions, opening big-box stores to better compete with rivals Home Depot and Lowe's. In January 1995, Hechinger announced it would close or reformat 22 of its 131 stores, including closing all 14 of the Home Quarters Warehouse stores in North and South Carolina. [10]
Metrocenter was a regional enclosed shopping mall in northwest Phoenix, Arizona.It was bounded by Interstate 17, 31st, Dunlap and Peoria Avenues.Before its closure, the three most recently open anchor stores were Harkins Theatres, Walmart Supercenter, and Dillard's Clearance Center; three additional vacant anchor stores included former Sears, JCPenney, and Macy's locations.
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Lumber Liquidators is an American retailer of hard-surface flooring including hardwood, laminate, vinyl plank, tile, bamboo and cork, as well as flooring tools and accessories. The company filed for Chapter 11 bankruptcy on August 11, 2024, [ 3 ] and was able to avoid liquidation 3 months later after a last minute deal to be acquired by ...
They set up a store on Washington Street in Downtown Phoenix. by 1941 the Diamond brothers had enlisted the help of family to run the store. Nathan's sons Harold and Bert and Isaac's son Herbert were all involved with management of the store. [2] The Boston Store was renamed Diamond's in 1947 in honor of the store's 50th anniversary.
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