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In 1991, ten side-by-side Big Bear and Harts locations were converted to the Big Bear Plus format. By 1996, all Harts stores were either closed or converted to Big Bear Plus Stores. Big Bear was bought out by Penn Traffic in April 1989, [ 1 ] and had closed all stores by early 2004.
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In 1986, Federated merged its Gold Circle division with its Richway Department Stores, another Federated discount division.While the chains each continued to operate under their original names (though several Richways were converted to Gold Circles), buying and other administrative functions for both were consolidated into Gold Circle's Worthington, Ohio headquarters.
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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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Schottenstein Stores owns stakes in DSW and American Signature Furniture; 15% of American Eagle Outfitters, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.
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