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Gemco was an American chain of membership department stores that was owned by San Leandro-based Lucky Stores, a California supermarket company which eventually became part of Albertsons. Gemco operated from 1959 until closing in late 1986. A number of the west coast stores leases were sold to Target which fueled
One lucky ticket sold in Northern California won an estimated $1.22 billion jackpot in Friday's Mega Millions drawing just days before the new year.
The first store was opened in 1919 [1] [6] [7] in Bakersfield, California. [4] In 1993, Heilig-Meyers bought 92 McMahan's stores for $65 million. [11] In 1996, Heilig-Meyers arranged to buy another 20 stores from McMahan's. [13] Whether the 1996 sale was completed is unknown. Of the stores remaining, three were closed in 2006. [9]
Lucky acquired Hancock Fabrics in 1972 [23] for $56.7 million in stock. [24] [25] In 1974, Lucky acquired the Oklahoma City-based Sirloin Stockade steakhouse chain [26] for $8.1 million in stock. [27] Lucky acquired Yellow Front Stores along with its sister company Checker Auto Parts in March 1978 for $45.9 million in stock. [28]
If sales exceed that, Hilco gets to keep the first $3.3 million, and it can keep up 75% of any additional sales. Asheboro-based Klaussner Furniture Industries closed without warning Aug. 7 after ...
The Sample – Western New York based retailer founded in Buffalo in 1928 when its founder brought a sample set of 48 dresses back from New York City. At its peak, the retailer was noted for its semi-annual clearance known as the Pup Sale. The demise of The Sample was in 1991 following the death of the chain's chairman a year earlier.
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