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Jamesway
Jamesway Corporation, more commonly known as Jamesway, was a chain of discount department stores based in Secaucus, New Jersey. It was founded in 1961 with a single store in Jamestown, New York, ultimately growing into a chain that, at its peak, operated 138 stores throughout the Northeast and mid-Atlantic regions. Despite its successes, Jamesway faced significant losses during its last years in business. This resulted in two bankruptcy filings, which ultimately put an end to the chain in 1995. History Jamesway began in 1961 with its first store by Herbert Fisher. The company got its name from the town in which the first store was located, Jamestown, New York. At its peak in 1991, the company operated 138 stores throughout the mid-Atlantic region of the United States and employed nearly 6,000. The company had locations in New York, New Jersey, Pennsylvania, Maryland, Ohio, Virginia, Delaware and other states. Jamesway's headquarters was in Secaucus, New Jersey. It expanded m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chautauqua Mall
Chautauqua Mall is an enclosed shopping mall in Lakewood, New York. Opened in 1971, the mall's anchor stores are Planet Fitness, Jo-Ann Fabrics, and JCPenney. The mall is owned and managed by Kohan Retail Investment Group and Summit Properties USA. History The mall opened in 1971 under the development of Edward J. DeBartolo, Sr. (whose company is now part of Simon Property Group), with Sears, Woolworth, JCPenney, and Quality Markets as its anchor stores. JCPenney vacated its store in 1986, which was later mostly converted to Jamesway that same year. (The remaining space was converted to Present Company). This new Jamesway store, the 100th in the chain, was a replacement for the first store in the Jamesway chain, located in nearby Jamestown. Jamesway and Woolworth closed in 1993, and Quality Markets moved outside the mall. In 1997, JCPenney returned to the mall in the portion of the former Jamesway space, while the former Woolworth store was expanded to become a Bon-Ton. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herbert Fisher (businessman)
Herbert Fisher (c. 1922 – April 3, 1993) was an American businessman and the founder of discount retailer Jamesway. Biography Fisher was born to a Jewish family in New York City and raised in Borough Park, Brooklyn. He is a graduate of Townsend Harris High School and attended City College for two years before serving in the Army Air Force during World War II. After the war, he worked as a merchandise packer at $12 a week. In 1960, he opened the first Jamesway stores in Jamestown, New York hence the name Jamesway. Jamesway was a discount retailer which focused on high volumes at low prices. In 1967, he took the company public. He grew the business to 108 stores and 5,000 employees mainly in New York, New Jersey, and Pennsylvania. In 1977, he retired from his position as CEO and president but remained as chairman until his death. He served on the board of governors of the Hackensack Hospital, was national vice president of the Muscular Dystrophy Association, and was elected t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ames (discount Stores)
Ames Department Stores, Inc., was an American chain of discount stores based in Rocky Hill, Connecticut, United States. The company was founded in 1958 with a store in Southbridge, Massachusetts, and at its peak operated 700 stores in 20 states, including the Northeast, Upper South, Midwest, and the District of Columbia, making it the fourth-largest discount retailer in the country. Despite some success in its later years, Ames was plagued by debt "via acquisition decisions" and a slow decline in sales in the new global market and suburban developments. This resulted in two bankruptcy filings that ultimately put an end to the chain. The company, despite expanding into other markets and taking over many closed stores abandoned by competitors, went out of business in 2002. History Ames began in 1958 when three Connecticut brothers, Milton, Irving, and Herbert Gilman, joined with their partner Philip Feltman, opened their first store in the Ames Worsted Textile Co. mill in Southb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ames (store)
Ames Department Stores, Inc., was an American chain of discount stores based in Rocky Hill, Connecticut, United States. The company was founded in 1958 with a store in Southbridge, Massachusetts, and at its peak operated 700 stores in 20 states, including the Northeast, Upper South, Midwest, and the District of Columbia, making it the fourth-largest discount retailer in the country. Despite some success in its later years, Ames was plagued by debt "via acquisition decisions" and a slow decline in sales in the new global market and suburban developments. This resulted in two bankruptcy filings that ultimately put an end to the chain. The company, despite expanding into other markets and taking over many closed stores abandoned by competitors, went out of business in 2002. History Ames began in 1958 when three Connecticut brothers, Milton, Irving, and Herbert Gilman, joined with their partner Philip Feltman, opened their first store in the Ames Worsted Textile Co. mill in South ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Store
Discount stores offer a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. 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. 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 Burlington. Category killers So-called category killer stores, specialize i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris () and in New York City ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolco
Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At its peak, Woolco had hundreds of stores in the US, as well as in Canada and the United Kingdom. While the American stores were closed in 1983, the chain remained active in Canada until it was sold in 1994 to rival Walmart, which was looking to enter the Canadian market. All of the former UK Woolco stores were sold by Kingfisher, which had bought the UK Woolworth business, to Gateway which subsequently sold them to Asda. History Creation The creation of Woolco coincided with the expansion of suburbia. Woolworth's flagship stores were still doing well, but the company wanted to tap into the growing discount department store market without diluting its dominant position in the variety store business. The first Woolco store was located in Col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King's (defunct Discount Store)
King's Department Stores was a chain of discount stores in the Eastern United States. The chain started in 1956, in Brockton, Massachusetts. They expanded to 187 stores (three stores operated in the Buffalo, New York Buffalo is a Administrative divisions of New York (state), city in the U.S. state of New York (state), New York and county seat of Erie County, New York, Erie County. It lies in Western New York at the eastern end of Lake Erie, at the head of ... area). In 1978, they purchased the bankrupt Mammoth Mart chain. Because of the economic downturn and the debt from the Mammoth purchase, they filed for Chapter 11 bankruptcy in 1982. In 1984 Ames Department Stores purchased the chain and converted most of them into Ames stores. Ames went out of business in 2002. Retail chains acquired by King's * Barker's Discount Department Stores (1980) * Mammoth Mart (1977) *Miracle Mart (1968) United States based chain, not to be confused with the Canadian chain by the sam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monroe, New York
Monroe is a Administrative divisions of New York#Town, town in Orange County, New York, Orange County, New York, United States. The population was 21,387 at the 2020 census, compared to 39,912 at the 2010 census; the significant fall in census population was due to the secession of the town of Palm Tree, New York, Palm Tree in 2019. The town is named after President James Monroe. History The first settlers to this land were American Indians from the Leni-Lenape Indian nation. The Leni-Lenape nation consisted of three tribes: the Unulactus, the turkey tribe; Minsis, the wolf tribe; and the Unamis, the turtle tribe. As white settlers started to move north, the Leni-Lenape were forced to move west, out of New York and New Jersey into Pennsylvania and later into central North America, under the treaty of Easton, a colonial agreement signed in October 1758. The British colonial government of the province of Pennsylvania and the Native American tribes in the Ohio country signed this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
YouTube
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search. In January 2024, YouTube had more than 2.7billion monthly active users, who collectively watched more than one billion hours of videos every day. , videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and , there were approximately 14.8billion videos in total. On November 13, 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $ billion in ). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
