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McCrory Stores
McCrory Stores or J.G. McCrory's was a chain of five and dime stores in the United States based in York, Pennsylvania. The stores typically sold shoes, clothing, housewares, fabrics, penny candy, toys, cosmetics, and often included a lunch counter or snack bar. Founding The retailer John McCrorey opened his first McCrory store in Scottdale, Pennsylvania, in 1882. By 1885, the J. G. McCrory Company had five stores in Pennsylvania. McCrorey dropped the ''e'' from his last name to avoid paying for extra letters on his store signs. One of his policies was to only pay a reasonable price for store locations. One of McCrorey's early investors was Sebastian Kresge, who later founded the S.S. Kresge chain. This chain would become Kmart in 1962. In 1899, Kresge traded his interest in the Memphis, Tennessee, McCrory store for the Detroit, Michigan, one, giving him control there. In 1915, the J. G. McCrory Company became McCrory Stores Corporation. In 1921, McCrory Stores becam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tennessee
Tennessee (, ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia (U.S. state), Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is the List of U.S. states and territories by area, 36th-largest by area and the List of U.S. states and territories by population, 15th-most populous of the 50 states. According to the United States Census Bureau, the state's estimated population as of 2024 is 7.22 million. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of Tennessee, Grand Divisions of East Tennessee, East, Middle Tennessee, Middle, and West Tennessee. Nashville, Tennessee, Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Tennessee has dive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Springettsbury Township, York County, Pennsylvania
Springettsbury Township is a township in York County, Pennsylvania, United States. The population was 27,032 at the 2010 census. The township takes its name from Springett Penn, grandson of Pennsylvania founder William Penn. Located east and northeast of the city of York, the township hosts the York Galleria shopping mall and a large Harley-Davidson manufacturing plant. History Springettsbury Township was incorporated on April 20, 1891, formed from the northeast part of Spring Garden Township, which itself had separated from Hellam Township in 1822. Within Springettsbury, Diamond Silk Mill, East York Historic District, Pleasureville Historic District, and Strickler Family Farmhouse are listed on the National Register of Historic Places. 18th century While William Penn received a royal grant in 1681, rights to the land that became Springettsbury Township were purchased from local Native Americans in the early 1700s before it was settled. Original peoples of the area at t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meshulam Riklis
Meshulam Riklis (; 2 December 1923 – 25 January 2019) was an Israeli financier and businessman. Early years Born in Istanbul to a Russian-Jewish family, Riklis grew up in Tel Aviv, and attended the Herzliya Hebrew Gymnasium high school; before coming to the United States in 1947 with his first wife, Judith Stern, with whom he had three children. He studied mathematics at Ohio State University, graduating in 1950. His first significant job was as a junior stock analyst for the Minneapolis investment firm Piper Jaffray. Business career Riklis is credited with having originated complicated paper transactions like high-yield bonds and leveraged buyouts to take over control of major companies, then doing paper switches of the assets into companies he owned. His first significant foray was the creation in 1966 of the Rapid-American Corporation by combining his significant stake in Rapid Electrotype Company, a platemaking concern with the American Colortype Company, a maker of st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lerner Stores
New York & Company, Inc. (NY&C) is an e-commerce workwear retailer for women. New York & Company apparel and accessories are sold exclusively through their digital store. From 1918 to 1992, the company was known as Lerner Shops. Its name was then changed to Lerner New York and then to New York & Company. The company began retailing exclusively through its digital store in 2020. Company history Lerner Shops The company started as Lorraine Shops in 1917. Lerner Shops was founded in 1918 by brothers Samuel A. Lerner, Joseph J. Lerner, and Michael Lerner, and Harold M. Lane in New York City. Joseph was the father of lyricist Alan Jay Lerner. The first Lerner Shops store was in New York City; 18 more shops opened later that year. The company was then organized under Lerner Stores Corporation. By 1920, 23 Lerner Shops were in operation. Within ten years, that figure grew to 160 units in 37 states. In 1948, the company was said to have just under 200 stores nationwide. In 1963, McCro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rapid-American
Meshulam Riklis (; 2 December 1923 – 25 January 2019) was an Israeli financier and businessman. Early years Born in Istanbul to a Russian-Jewish family, Riklis grew up in Tel Aviv, and attended the Herzliya Hebrew Gymnasium high school; before coming to the United States in 1947 with his first wife, Judith Stern, with whom he had three children. He studied mathematics at Ohio State University, graduating in 1950. His first significant job was as a junior stock analyst for the Minneapolis investment firm Piper Jaffray. Business career Riklis is credited with having originated complicated paper transactions like high-yield bonds and leveraged buyouts to take over control of major companies, then doing paper switches of the assets into companies he owned. His first significant foray was the creation in 1966 of the Rapid-American Corporation by combining his significant stake in Rapid Electrotype Company, a platemaking concern with the American Colortype Company, a maker of ste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otasco
Otasco (Oklahoma Tire and Supply Company) was a retail chain specializing in auto parts and appliances based in Tulsa, Oklahoma. It was first established in 1918 by three Jewish Lithuanian immigrant brothers, Sam (1898–1939), Maurice (1891–1970), and Herman (1889–1971) Sanditen, who opened the first Otasco store in Okmulgee. The company moved its headquarters to Tulsa in 1925. The company based its business on offering its products on credit. In 1960, the McCrory Corporation bought the company, while retaining the Sanditen brothers. In 1968, the chain had 455 units in 12 states. In 1984, the firm's employees bought the company from McCrory, creating one of the largest employee-owned companies in America. As Otasco's sales struggled in the 1980s, advertising firm The Richards Group was hired to create a new logo and advertising campaign, which garnered little attention. In 1988, the retail chain filed for Chapter 11 bankruptcy which resulted in the closing of 171 stores ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McLellan Stores
MacLellan or McLellan may refer to: People * MacLellan (surname) * Clan MacLellan Places * McLellan Galleries, exhibition space in the city of Glasgow, Scotland * McLellan Stores, twentieth century chain of five and dime stores in the United States * MacLellan's Castle, located in Kirkcudbright, Scotland * McLellan, Florida, unincorporated community, United States See also * McLelan * McClellan (other) * McClelland, a surname * {{DEFAULTSORT:Mclellan Anglicised Scottish Gaelic-language surnames Surnames of Ulster-Scottish origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' newspapers of record. The first issue of the newspaper was published on July 8, 1889. The editorial page of the ''Journal'' is typically center-right in its positions. The newspaper has won 39 Pulitzer Prizes. History Founding and 19th century A predecessor to ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Sales
In bookkeeping, accounting, and financial accounting, net sales are operating revenues earned by a company for selling its products or rendering its services. Also referred to as revenue, they are reported directly on the income statement as ''Sales'' or ''Net sales''. In financial ratios that use income statement sales values, "sales" refers to net sales, not gross sales. Sales are the unique transactions that occur in professional selling or during marketing initiatives. Revenue is earned when goods are delivered or services are rendered. The term sales in a marketing, advertising or a general business context often refers to a free in which a buyer has agreed to purchase some products at a set time in the future. From an accounting standpoint, sales do not occur until the product is delivered. "Outstanding orders" refers to sales orders that have not been filled. A sale is a transfer of property for money or credit. In double-entry bookkeeping, a sale of merchandise is r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
