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However, the recessions of the 1970s and early 1980s were too much to bear for J.C. Penney, and the discount division started losing money. The Treasury stores were eventually closed in 1981. [ 2 ] However, the mail order business, which was the main reason for J.C. Penney's acquisition of Treasure Island, remains a thriving, multibillion ...
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 ...
United States historic place Loop Retail Historic District U.S. National Register of Historic Places U.S. Historic district State Street in 1907 Show map of Chicago metropolitan area Show map of Illinois Show map of the United States Location Chicago, Illinois Coordinates 41°53′N 87°38′W / 41.883°N 87.633°W / 41.883; -87.633 Area 26 acres (11 ha) Built 1871 Architect ...
Siegel-Cooper began as a discount department store on State Street in the Loop.It was founded by Henry Siegel, Frank H. Cooper and Isaac Keim in 1887.Four years later, the store moved into the eight-story Second Leiter Building at State and Van Buren Street, designed by William Le Baron Jenney, where it stayed until 1930, after a 1914-15 reorganization into Associated Dry Goods Corp., but ...
Chicago homes spent a median of 68 days on the market before going into contract in December 2023, according to Redfin data. Working with a cash-homebuyer or “we buy houses” company goes ...
The chain was founded in 1968 when Target founder John F. Geisse went to work for May Department Stores. [1] Under an antitrust settlement reached with the Department of Justice, May was unable to acquire any more retail chains at the time, and the department-store company needed a way to compete against the emerging discount-store chains.
Zayre (/ z ɛər /) was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain.
The Fair promoted itself as a discount department store in the early 1900s. In 1915, a booklet published by the store stated it "always has been and undoubtedly always will be, the store of the people, the down-town shopping center for the Savers, the market place for the Thrifty."