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Indoor and outdoor furniture were the focus of another 14 stores throughout New York, New Jersey, Connecticut and Pennsylvania; these stores were known as "Fortunoff Backyard Stores". The following years saw Fortunoff continue to struggle, and on February 4, 2008, the chain filed for Chapter 11 bankruptcy along with accepting the $100 million ...
With the 2009 closures of Fortunoff, Steve and Barry's, and Circuit City, three large anchor stores had become vacant. The drop of foot traffic by the loss of the anchors has caused other stores – the three aforementioned sub-anchor chains, plus Saks Off 5th , & Forever 21 – and the entire food court – including McDonald's , Starbucks ...
In 1953, Fortunoff began her career by joining the family retail operation, Fortunoff, run by her husband, Alan Fortunoff's family in Brooklyn. [3] Four years later, in 1957, she recommended expanding the company into the jewelry industry and led the charge. [3] Under her leadership, Fortunoff became one of the largest retailer in the state. [3 ...
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 ...
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In 1955, they spent $1,000 on the store's first ad. It was a full-page spread in a local paper. When sales tripled, the same week the ad was published, Morton decided to open a second store to reduce the cost of advertisement per unit. By 1971 there were seven Seaman stores. [2]
Breuners Home Furnishings was a chain of furniture stores in Southwestern United States for 148 years before declaring bankruptcy in 2004.. Founded in California during the California gold rush in the mid-19th century, its stores served California and Nevada before expanding to the east coast in the late 20th century. [1]
The first store was opened in 1919 [1] [6] [7] in Bakersfield, California. [4] In 1993, Heilig-Meyers bought 92 McMahan's stores for $65 million. [11] In 1996, Heilig-Meyers arranged to buy another 20 stores from McMahan's. [13] Whether the 1996 sale was completed is unknown. Of the stores remaining, three were closed in 2006. [9]