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Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods and electronics. The company, which first began in 1934 as a five-and-dime store , was in existence for 68 years before ceasing operations in 2002.
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 ...
Ellman's – acquired by Service Merchandise in 1985 [39] [40] H. J. Wilson Co. – Southern states, based in Baton Rouge, Louisiana; acquired by Service Merchandise in 1986 [39] [40] K's Merchandise Mart – liquidated in 2006; Luria's – originally L. Luria & Son, was a chain of catalog showroom stores in Florida, from 1961 to 1997.
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Ten years later, Wilson opened his first catalog showroom. By 1982, Wilson's was the third-largest catalog showroom chain in the United States. [1] At its peak, it had 80 stores in 12 states. In 1985, rival chain Service Merchandise purchased all 80 of the Wilson's stores. [2] Wilson died on February 8, 2008, at age 80. [3]
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While many beloved catalogs — think Sears, Penney's and Victoria's Secret — have gone away, our memories are fond as ever. Here are some we still miss.
With such a merchandise mix, Hit or Miss was able to sell current fashions at 20 to 50 percent less than most specialty stores. In 1986, profits of the Zayre chain, targeting low- to middle-income customers, dropped, although T.J. Maxx, Hit or Miss, and Chadwick's of Boston, targeting mid- to higher-income customers, continued to grow.