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Tailored Brands' predecessor, Men's Wearhouse, was founded in 1973 by George Zimmer as a retail men's clothing store. The business had grown to 100 stores by the time it held an IPO in 1992, raising $13M. [6] Zimmer turned Men's Wearhouse into an industry consolidator, acquiring numerous competitors throughout his tenure leading the firm.
Steve & Barry's, a discount clothing retailer, opened on the first floor of the former Montgomery Ward store in 2004. At the time, the Eastland Center store was the second-largest Steve & Barry's in the chain. [12] [13] Shopco continued to manage the mall until selling it to Ashkenazy Acquisition Corporation in 2005.
George Zimmer (born November 21, 1948) is an American businessman. He is the founder, former executive chairman (1973–2013) and former CEO (1973–2011) of the Men's Wearhouse, a clothing retailer with more than 1,200 stores [1] in the US and Canada, under the brands Moores, Men's Wearhouse and K&G Superstores.
In 1905, Moses Hartz established a men’s clothing manufacturing company, which was taken over by his widow Lena Hartz in 1921. Their daughter, Anna Hartz, was a traveling salesperson for the firm. Although they were rivals in the business, Anna married Joseph Bank and in 1922, Joseph joined forces with his new mother-in-law and formed L ...
The Mall has decreased in popularity over the years as online shopping and gentrification of the surrounding area has started to take effect. The mall is anchored by Burlington Coat Factory, K&G Fashion Superstore and Family Discount Furniture. Demolition of the closed section of the mall began on February 19, 2019.
This Hess's store, over time, was renamed to Leggett, and then to Belk, which closed in 1998. [citation needed] In 1986, Federal Realty Trust acquired the shopping center. The middle section of the mall was enclosed that year, creating a hybrid strip mall/enclosed mall. [2] The enclosed portion featured several more stores, as well as a food court.
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