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TG&Y was a five and dime, or chain of variety stores and larger discount stores in the United States.At its peak, there were more than 900 stores in 29 states. Starting out during the Great Depression in rural areas and eventually moving into cities, TG&Y stores were firmly embedded in southern culture as modern-day general stores with a bit of everything.
McCrory purchased the TG&Y Discount store chain in 1985. This proved to be a difficult transition for McCrory. Many TG&Y stores were larger than the typical 10,000 to 15,000 square foot McCrory store, and the merchandise mix was very different. The TG&Y stores were not profitable and a drain on corporate assets.
Beginning around the 1960s, others tried the larger "discount store" format, such as TG&Y Family Centers, W. T. Grant, and Woolworth's Woolco stores. [citation needed]
Below is a list of notable defunct retailers of the United States.. Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated.
By August 1972, the focus was on arts and crafts, and the business had thrived to such an extent that Green and his wife were able to open a 300 square-foot store in northwest Oklahoma City called Hobby Lobby. In 1975, Green left his 13-year career with TG&Y and opened a second Hobby Lobby location with 6,000 square feet of space. [2] [3]
In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. [3] The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and ...
This is a list of defunct (mainly American) consumer brands which are no longer made and usually no longer mass-marketed to consumers. Brands in this list may still be made, but are only made in modest quantities and/or limited runs as a nostalgic or retro style item.
Walker Scott, the San Diego–based department store chain was an anchor, as was Mayfair Markets, TG&Y discount stores joining later. At launch, the center was 1,200-foot (370 m) long on a single-axis mall, had 200,000 square feet (19,000 m 2) of gross leasable area, 40 stores, and 30 acres (120,000 m 2) of parking for 1,250 cars.