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Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [5] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. [6] [7]
The store was conceived as a collection of specialty shops rather than a traditional U.S. dry goods store. Each "shop" had a specialty product line, such as ready-to-wear apparel for women, misses, girls, boys, men, young men and infants. When the chain closed in 1979, there were 42 stores.
Lindner & Davis was bought by Allied Stores in 1947, which then bought out Sterling & Welch, and the store became known as Sterling Lindner Davis in 1951. [1] The store closed to little notice (due to the birth of malls and outlets) in 1968. By the end of the 1990s, none of the "big six" Cleveland department stores was still in operation. [3]
Costco membership card from Iceland. Costco's earliest predecessor, Price Club, opened its first store on July 12, 1976, on Morena Boulevard in San Diego, California.It was founded three months earlier by Sol Price and his son, Robert, following a dispute with the new owners of FedMart, Price's previous membership-only discount store. [14]
In March 1963, the firm was purchased by Louis Roth & Co., Inc. of Los Angeles for $3 million (equivalent to $29,857,000 in 2023). [8] The firm continued as a leading manufacturer of men's clothing until 1982, when it was purchased by Hart Schaffner & Marx (later known as Hartmarx), a Chicago-based apparel-maker and wholesaler.
Hart Schaffner Marx's origins date to 1872 when brothers Harry and Max Hart opened a small men's clothing store on Chicago's State Street called "The Great Globe One-Price Clothier," with proprietors advertised as Harry Hart & Bro. [2] [3] In 1879, the Harts' brothers-in-law, Levi Abt and Marcus Marx, joined the partnership, which was then renamed Hart, Abt & Marx. [4]
In 2019, Vance co-founded Narya Capital in Cincinnati with financial backing from Thiel, Eric Schmidt, and Marc Andreessen. [68] In 2020, he raised $93 million for the firm. [ 69 ] With Thiel and former Trump adviser Darren Blanton, Vance has invested in Rumble , a Canadian online video platform popular with the political right.
May Company California was established in 1923 when May acquired A. Hamburger & Sons Inc.. [2] (founded in 1881 by Asher Hamburger). The company operated exclusively in Southern California until 1989 when May Department Stores had dissolved Goldwater's, based in Scottsdale, Arizona, and transferred its Las Vegas, Nevada store to May Company ...