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The company began in 1918 as SW&Y Supply, a wholesale grocery-distributing business. In 1953, Douglas D. Brendle, the grandson of the company's founder, joined the business. He began stocking toys and houseware items, turning its Elkin warehouse into its first wholesale showroom. In 1957, Brendle began publishing the company's first catalog. [4]
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 2007, the company divested its Bailey Banks & Biddle brand to Finlay Enterprises. [10] In February 2014, Signet Jewelers agreed to buy Zale Corporation, with Zale shareholders receiving US$21 a share in cash in US$1.3 billion deal. [11] The merger created a $6.2 billion firm. [11]
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Variety Wholesalers, Inc., is a privately held company based in Henderson, North Carolina, which owns more than 380 retail stores in the Southeast and Mid-Atlantic United States under the banners Roses and Maxway. The company employs more than 7,000 workers.
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