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Through the government agency, Reconstruction Finance Corporation (RFC), Strandlund ultimately received over $37 million in loans plus a leased war surplus plant in Columbus, Ohio. This was the first venture capital loan made by the federal government. Initially, Strandlund was provided the availability of a war surplus plant in Chicago. [5]
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 ...
The Studio Stores were a victim of the AOL-Time Warner merger, and shuttered operations in 2001. [71] Yellow Front Stores – Founded in the 1950s as an army surplus store, Yellow Front transitioned to become a camping gear retailer before going bankrupt in 1990.
The lull between World War I and World War II reduced center operations to mostly reconditioning and sale of the stockpiles which had been needed earlier to ensure the nations defense. During World War II the center became the largest military supply installation in the world. In December 1942, an additional 295 acres (1.19 km 2) were purchased ...
Known as military surplus stores or army navy stores, surplus stores in the U.S. typically carry military or military-spec equipment. After the World Wars and Vietnam War, large amounts of military surplus was left over from the large amounts of equipment made for drafted troops, making their stock and sale common. However, with the advent of ...
Earlier this year, I reported that the city’s last military surplus store, G.I. Rose Military Surplus Etc. at 6310 E. Harry, was in danger of closing if the owner couldn’t find a buyer to take ...
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