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Lamonts
Lamonts was a chain of department stores founded in Seattle, Washington. The chain was started in 1970 when Pay 'n Save renamed its suburban branches of Rhodes, a department store chain the company acquired in 1965. Lamonts remained a division of Pay 'n Save until 1985. During the 1990s, the chain filed for bankruptcy twice and closed several stores before being sold to Gottschalks in 2000. Gottschalks itself went into bankruptcy and liquidated in 2009. History Rhodes Department Stores Rhodes Department store was founded in Seattle by Albert J. Rhodes in 1907 in the Arcade Building on Second Avenue. He was a former partner in the Rhodes Brothers Department Store in Tacoma, Washington, Tacoma but the two companies were never affiliated. He was inspired to install a pipe organ in his store after a trip to Wanamaker's famous Department Store in Philadelphia. Albert Rhodes died in 1921, before he had the chance to expand the store but his wife, Harriet W. Rhodes, continued operations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pay 'n Save
Pay 'n Save Corporation was a retail company founded by Monte Lafayette Bean in Seattle, Washington, in 1940. Over the years, Pay 'n Save was the leading drugstore chain in Washington and was the owner of several Washington-based retailers, including Lamonts and Ernst. A 1984 sale of the company to the Trump Group and a 1986 attempt to transform the retailer into a bargain-basement merchandiser resulted in a loss of nearly $50 million. By 1988, Pay 'n Save was sold to Thrifty Corporation, who later sold the stores to PayLess Drug, who retired the Pay 'n Save name. As a result, most of the retailer's divisions were spun off as separate companies or shuttered. As of 2023, Pay 'n Save's membership discount chain, Bi-Mart, is the sole surviving division of the company (the chain has been an employee-owned company since 2003). At the company's peak, Pay 'n Save was operating 313 stores in ten western states, Canada and Great Britain under several different names, including Pay ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gottschalks
Gottschalks (former NYSE ticker symbol GOT) was a middle-tier American department store that operated 58 department stores and three specialty apparel stores in six western states (California, Washington, Alaska, Idaho, Oregon, and Nevada); some locations ran as Harris-Gottschalks stores. Prior to liquidation, it was the largest independently owned, publicly traded department store chain in the United States. On January 14, 2009, Gottschalks filed for Chapter 11 bankruptcy. This bankruptcy became a liquidation on March 31, 2009. At least five prime locations became Macy's stores, while several more became Forever 21 stores. Beginnings Gottschalks was founded by German Jewish immigrant Emil Gottschalk in 1904 as a dry goods store in downtown Fresno, California. Ten years later, the store grew enough to move into another building downtown with ten times the amount of space. Before his passing in 1939, Emil passed control to his brother-in-law, Henry Korn and his nephew, Abe Blu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhodes Brothers
Rhodes Brothers was a department store located in Tacoma, Washington, originally established in 1892 as a coffee shop in downtown Tacoma by Albert, William, Henry and Charles Rhodes. In 1903, the brothers would shift into the department store business, opening in the newly built Snell Building at Broadway and 11th Street in the heart of Tacoma's retail core. The store achieved great success, and by 1911, three floors were added to the building, eventually bringing it to 170,000 ft² (15793.52m²), including a tea room (opened in 1908) and a branch of the Tacoma Public Library. By 1920, even more room was needed and several buildings across the alley (Court C) were purchased and connected to the main store by a sky bridge. Further additions included a discount annex in 1935, a new men's shop in 1937 and a special vault that could hold 5,000 coats. In 1957, the company opened its first suburban location at the Villa Plaza Shopping Center in Lakewood, Washington. Rhodes also o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Village, Seattle
University Village (colloquially known as U-Village) is a shopping mall in northeastern Seattle, Washington, United States, located in the south corner of the Ravenna neighborhood to the north of the Downtown area. It is an open-air shopping center which offers restaurants, locally owned boutiques, and national retailers, and is a popular retail destination in the region for home furnishings, popular fashions, gift items, and restaurants. It is currently owned by multimillionaire Stuart Sloan. History Creation University Village was originally developed by Continental Inc. who also developed Westwood Village in West Seattle and Aurora Village in Shoreline, Washington. it was once home to a Coast Salish village named sluʔwiɫ, which means "Little Canoe Channel" in Lushootseed. The shopping center was built in 1956 across NE 45th Street on an earlier part of the Montlake Landfill (since 1911, 1922–1966), taking out what remained of the Union Bay Marsh that was drained by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seattle Times
''The Seattle Times'' is an American daily newspaper based in Seattle, Washington. Founded in 1891, ''The Seattle Times'' has the largest circulation of any newspaper in the state of Washington and the Pacific Northwest region. The Seattle Times Company, which owns and publishes the paper, is mostly owned by the Blethen family, which holds 50.5% of the company; the other 49.5% is owned by the McClatchy Company. The Blethen family has owned and operated the newspaper since 1896. ''The Seattle Times'' had a longstanding rivalry with the ''Seattle Post-Intelligencer'' until the latter ceased print publication in 2009. ''The Seattle Times'' has received 11 Pulitzer Prizes and is widely renowned for its investigative journalism. History ''The Seattle Times'' originated as the ''Seattle Press-Times'', a four-page newspaper founded in 1891 with a daily circulation of 3,500, which Maine teacher and attorney Alden J. Blethen bought in 1896. Renamed the ''Seattle Daily Times'', it do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bellevue, Washington
Bellevue ( ) is a city in the Eastside (King County, Washington), Eastside region of King County, Washington, United States, located across Lake Washington from Seattle. It is the third-largest city in the Seattle metropolitan area, and the fifth-largest city in Washington (state), Washington. It has variously been characterized as a satellite city, a suburb, a boomburb, or an edge city. The population was 151,854 at the 2020 United States census, 2020 census. The city's name is derived from the French term ("beautiful view"). Bellevue is home to some of the world's largest technology companies. Before and after the 2008 recession, its downtown area has been undergoing rapid change with many high-rise projects being constructed. Downtown Bellevue is currently the second-largest city center in Washington state, with 1,300 businesses, 45,000 employees, and 10,200 residents. In a 2018 estimate, the city's median household income was among the top five cities in the state of Wash ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Forest Park, Washington
Lake Forest Park is a suburban city in King County, Washington, United States, located northeast of Seattle. It was developed in the 20th century as a bedroom community with single-family housing on medium to large-sized lots. Less than 4% of the city's land is zoned commercial, largely concentrated in one location, and there are no industrial areas. The city is situated at the northwest end of Lake Washington along State Route 522, which provides connections to Seattle and Bothell. Lake Forest Park includes several parks and nature reserves, access to the Burke–Gilman Trail, and organized summer events. The population of the city was 13,630 at the 2020 census. History Lake Forest Park was founded in 1912 by Ole Hanson as one of the Seattle area's first planned communities. Envisioned as a picturesque retreat for professionals, the developers planned roads and lots in strict consideration for natural landmarks. The original prospectus for lot sales declared: …the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhodes Department Store, 2nd Ave And Union St, Seattle, Ca 1925 (SEATTLE 3256)
Rhodes (; ) is the largest of the Dodecanese islands of Greece and is their historical capital; it is the ninth largest island in the Mediterranean Sea. Administratively, the island forms a separate municipality within the Rhodes regional unit, which is part of the South Aegean administrative region. The principal town of the island and seat of the municipality is the city of Rhodes, which had 50,636 inhabitants in 2011. In 2022, the island had a population of 125,113 people. It is located northeast of Crete and southeast of Athens. Rhodes has several nicknames, such as "Island of the Sun" due to its patron sun god Helios, "The Pearl Island", and "The Island of the Knights", named after the Knights of Saint John of Jerusalem, who ruled the island from 1310 to 1522. Historically, Rhodes was famous for the Colossus of Rhodes, one of the Seven Wonders of the Ancient World. The Medieval Old Town of the City of Rhodes has been declared a World Heritage Site. During the early 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burien, Washington
Burien ( ) is a suburban city in King County, Washington, United States, located south of Seattle on Puget Sound. As of the 2020 census, Burien's population was 52,066, which is a 56.3% increase since incorporation in 1993, making it the 25th most populous city in Washington. An annexation in 2010 increased the city's population significantly. History European settlement in the Burien area dates to 1864, when George Ouellet (1831–1899), a French-Canadian born in Sainte-Marie-de-Beauce, Quebec, purchased his first of several land patents for homestead sites directly from a federal land office.Highline Historical Society, ''Gottlieb Burian and His Family History: From Hussinetz, Silesia to Sunnydale, Washington'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-yield Debt
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events but offer higher yields than investment-grade bonds to compensate for the increased risk. As of 2024, high-yield bonds have a higher yield than U.S. Treasury securities. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner.:208 The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 198 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Stores Corp
Allied Stores was a holding company of department store chains in the United States. It was founded in the 1930s as part of a general consolidation in the retail sector by B. E. Puckett. See also Associated Dry Goods. It was the successor to Hahn's Department Stores, a holding company founded in 1928. In 1981, Allied Stores acquired the 24-year-old retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. for $228 million (~$ in ). With that transaction they acquired 178 department stores and 48 specialty shops in 28 states. In December 1986, Allied Stores was acquired by Campeau Corporation under Canadian entrepreneur Robert Campeau. In April 1988, Campeau merged with Federated Department Stores. Allied and Federated were consolidated in January 1990 after Chapter 11 bankruptcy though they remained two distinct companies. Federated absorbed Allied when emerging from bankruptcy in February 1992. Stores Department stores divisions at time of Campeau buyout *J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
