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After leaving the wholesale business, they opened Service Merchandise, Inc., the first of what evolved into a chain of catalog showrooms. It opened in 1960 at 309 Broadway in downtown Nashville, Tennessee. [1] Older logo mainly used in the 1970s–1985. During the 1970s and 1980s, Service Merchandise was a leading catalog-showroom retailer.
In 1947, the company was the fourth-largest mail-order distributor in the United States with $79.2 million in sales and changed its name to Aldens, Inc. [2] In 1957, sales were $102.4 million, they had 4,795 employees, and operated catalog telephone stores in 68 cities.
It owns and operates American Wholesale Book Company (AWBC), an e-commerce division operating as booksamillion.com; and an internet development and services company, NetCentral, in Nashville, Tennessee. [2] In December 2015, the company was acquired by its chairman, Clyde B. Anderson, and his family, for $21 million. [3] [4]
An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online ...
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