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Arborland Acres, West Virginia
Arborland Center is a shopping center located in Ann Arbor, Michigan, United States. Opened in 1961 as an unenclosed shopping mall, the center was redeveloped as a power center in 1998. Current anchor stores include Marshalls, Petco, Kroger, Sephora, Old Navy Gardner-White Furniture (that used to be a Toys "R" Us) and Bed Bath & Beyond. History Arborland was Ann Arbor's first suburban mall, opened in the early 1960s. The original Arborland featured JCPenney, Kresge, Kroger, and Montgomery Ward among its anchor stores. In 1973, the larger Briarwood Mall opened, and JCPenney moved to a newer store there. Competition from Briarwood caused Arborland to lose tenants throughout the end of the 1970s. E.N. Maisel & Associates purchased the mall in 1980 and enclosed its formerly open-air concourses, while replacing the vacated JCPenney store with Crowley's. Despite these additions, the mall continued to lose tenants, including Montgomery Ward, Sibley's Shoes, and Pearle Vision in early ...
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Ann Arbor, Michigan
Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County, Michigan, Washtenaw County. The 2020 United States census, 2020 census recorded its population to be 123,851. It is the principal city of the Ann Arbor List of metropolitan statistical areas, Metropolitan Statistical Area, which encompasses all of Washtenaw County. Ann Arbor is also included in the Metro Detroit, Greater Detroit Combined statistical area, Combined Statistical Area and the Great Lakes megalopolis, the most populated and largest Megaregions of the United States, megalopolis in North America. Ann Arbor is home to the University of Michigan. The university significantly shapes Ann Arbor's economy as it employs about 30,000 workers, including about 12,000 in the University of Michigan Health System, medical center. The city's economy is also centered on high technology, with several companies drawn to the area by the university's research and development infrastructure. Ann A ...
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Montgomery Ward
Montgomery Ward is the name of two successive U.S. retail corporations. The original Montgomery Ward & Co. was a world-pioneering mail-order business and later also a leading department store chain that operated between 1872 and 2001. The current Montgomery Ward Inc. is a national online shopping and mail-order catalog retailer that started several years after the original Montgomery Ward shut down. Original Montgomery Ward (1872–2001) Company origins Aaron Montgomery Ward started his business in Chicago; conflicting reports place his first office either in a single room at 825 North Clark Street or in a loft above a livery stable on Kinzie Street, between Rush and State Streets. In 1883, the company's catalog, which became popularly known as the "Wish Book", had grown to 240 pages and 10,000 items. In 1896, Wards encountered its first serious competition in the mail order business, when Richard Warren Sears introduced his first general catalog. In 1900, Wards had total sa ...
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Borders (book Store)
Borders Group, Inc. (former NYSE ticker symbol BGP) was an American multinational book and music retailer based in Ann Arbor, Michigan, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and Waldenbooks stores. At the beginning of 2010, the company operated 511 Borders superstores in the United States. The company also operated 175 stores in the Waldenbooks Specialty Retail segment, including Waldenbooks, Borders Express, Borders airport stores, and Borders Outlet stores. In February 2011, Borders applied for Chapter 11 bankruptcy protection and began liquidating 226 of its stores in the United States. Despite a purchase offer from the private equity firm Najafi Companies, Borders was not able to find a buyer acceptable to its creditors before its July bidding deadline, so it began liquidating its remaining 399 retail outlets, with the last remaining stores closing in September. The Chapter 11 case was ultimat ...
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OfficeMax
OfficeMax is an American office supplies retailer founded in 1988. It is now a subsidiary of The ODP Corporation, which is headquartered in Boca Raton, Florida. As of December 2012, OfficeMax operated 941 stores in 47 states, Puerto Rico, the U.S. Virgin Islands and Mexico. In 2012, net sales were $6.9 billion, down from $8.3 billion in 2008. On February 20, 2013, an all-stock merger between Office Depot and OfficeMax was announced. The merger was completed on November 5, 2013, creating the largest U.S. office-supplies chain. The OfficeMax name continues to serve as a brand of The ODP Corporation. History On April 1, 1988, OfficeMax was founded in Cleveland, Ohio, by Bob Hurwitz and Michael Feuer. Hurwitz served as executive chairman and chief executive officer, and Feuer was the president and chief operating officer. On July 5, 1988, OfficeMax opened its first retail store in the Golden Gate Shopping Center in Mayfield Heights, Ohio; after being open for 27 years, this lo ...
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Big-box Store
A big-box store (also hyperstore, supercenter, superstore, or megastore) is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores. Commercially, big-box stores can be broken down into two categories: general merchandise (examples include Walmart, Target, and Kmart), and specialty stores (such as The Home Depot, Barnes & Noble, or Best Buy), which specialize in goods within a specific range, such as hardware, books, or consumer electronics, respectively. In the late 20th and early 21st centuries, many traditional retailers and supermarket chains that typically operate in smaller buildings, such as Tesco and Praktiker, opened stores in the big-box-store format in an effort to compete with big-box chains, which are expanding internationally as their home markets reach maturity. The ...
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Food Court
A food court (in Asia-Pacific also called food hall or hawker centre) is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dinner. It can also be a public dining area in front of a cafe or diner. Food courts may be found in shopping malls, airports, and parks. In various regions (such as Asia, the Americas, and Africa), it may be a standalone development. In some places of learning such as high schools and universities, food courts have also come to replace or complement traditional cafeterias. Typical usage Food courts consist of a number of vendors at food stalls or service counters. Meals are ordered at one of the vendors and then carried to a common dining area. The food may also be ordered as takeout for consumption at another location, such as a home, or workplace. In this case, it may be packaged in plastic or foam food containers, though one common food tra ...
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Drug Emporium
Drug Emporium is the name of a discount drug store corporation, founded in 1977 in Columbus, Ohio, that was sold to several different buyers during 2000 to 2001. Although several store locations continue to use the Drug Emporium name, these locations are no longer affiliated with the now-defunct Columbus-based corporation. At the company's high water mark in the 1990s, there were almost 300 locations scattered throughout the United States, including stores that operated under the F&M and VIX banners. The company declared bankruptcy in April 2001 as a condition of its sale to Snyder Drug of Minneapolis, Minnesota. Various causes have been attributed, with most citing the company's failure to effectively compete with Walgreens, CVS Corporation and other drug store chains. Additionally, much time, effort and money was spent attempting to leverage the power of the brick and mortar Drug Emporium locations into the failed DrugEmporium.com website that was seen as the company's future ...
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Service Merchandise
Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods, and electronics. The company, which first began in 1934 as a five-and-dime store, was in existence for 68 years before ceasing operations in 2002. History Service Merchandise's history can be traced back to 1934, to a small five-and-dime store founded by Harry and Mary Zimmerman in the town of Pulaski, Tennessee. After leaving the wholesale business, they opened Service Merchandise, Inc., the first of what evolved into a chain of catalog showrooms opened in 1960 at 309 Broadway in downtown Nashville, Tennessee. During the 1970s and 1980s, Service Merchandise was a leading catalog-showroom retailer. At its peak, the company achieved more than $4 billion in annual sales. As the company expanded, it began to open showrooms nationwide, mostly in the vicinity of major shopping malls, which were in vogue in the 1970s. In the early 1980s, the Service Merchandise headquarters moved from ...
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Burlington Coat Factory
Burlington, formerly known as Burlington Coat Factory, is an American national off-price department store retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,000 stores in 40 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer after TJX Companies and Ross Stores. History Monroe Milstein and his father, Abe, had been running a successful wholesale and retail outerwear business together since 1946. In 1972, Henrietta Milstein convinced her husband Monroe to purchase a former factory outlet in Burlington, New Jersey, for $675,050, using money she had saved from her job as a librarian for most of the $75,000 down payment. Initially, the Milsteins sold coats and jackets wholesale, but in order to ...
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Outlet Store
An outlet store, factory outlet or factory shop is a brick and mortar or online store in which manufacturers sell their stock directly to the public. Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowing customers to watch the production process, such as in the original L.L. Bean store. In modern usage, outlet stores are typically manufacturer-branded stores such as Gap or Bon Worth grouped together in outlet malls. The invention of the factory outlet store is often credited to Harold Alfond, founder of the Dexter Shoe Company. History Outlets first appeared in the eastern United States in the 1930s. Factory stores started to offer damaged or excess goods to employees at a low price. After some time, the audience expanded to include non-employees. In 1936, Anderson-Little (a men's clothing brand) opened an outlet store independent of its existing factories. Until the 1970s, the primary purpose of outlet stores was to dispose of exces ...
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Pearle Vision
Pearle Vision is an American chain of eye care stores. It is one of the largest franchised optical retailers in North America. The company was acquired by Luxottica, an Italian eyewear company, in 2004. As of December 31, 2018, Pearle Vision operated 110 corporate stores and had 419 franchises throughout North America. History It was founded in 1961 by Stanley Pearle, an optometrist in Savannah, Georgia, United States. In 1971, Pearle purchased a 17-store optical chain owned by Robert Hillman and Larry Kohan; together, Hillman and Kohan stayed on and helped to expand Pearle Vision nationwide. By the 1970s the chain was owned by G. D. Searle Pharmaceutical, with founder Stanley Pearle serving as a board member. Stanley Pearle sold his stores to British conglomerate Grand Metropolitan in 1985. Grand Met expanded Pearle Vision to more than 1,000 locations worldwide by 1990, but profits became elusive. In 1996, Grand Met sold the Pearle stores in the United States, Canada and P ...
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