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Dutch Square
Dutch Square is an enclosed shopping mall located in the city of Columbia, South Carolina. Currently, it features more than forty stores and restaurants, as well an AMC movie theater. Its anchor stores are Burlington Coat Factory and Office Depot. History Dutch Square was built by Caine Company in 1970. Initial tenants of the mall included Woolco, J. B. White, and Tapp's department stores. Other major tenants of the mall included Woolworth, Eckerd Drug, and Morrison's Cafeteria. When it opened in 1970, the mall was advertised as the "largest mall in the Carolinas". Dutch Square's management company filed for bankruptcy in 1993 after losing several anchors, but the mall experienced a revival when it was purchased by Phillips Edison in 1995. In 1997, Columbia annexed Annexation (Latin ''ad'', to, and ''nexus'', joining), in international law, is the forcible acquisition of one state's territory by another state, usually following military occupation of the territory. It ...
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Columbia, South Carolina
Columbia is the capital of the U.S. state of South Carolina. With a population of 136,632 at the 2020 census, it is the second-largest city in South Carolina. The city serves as the county seat of Richland County, and a portion of the city extends into neighboring Lexington County. It is the center of the Columbia metropolitan statistical area, which had a population of 829,470 in 2020 and is the 72nd-largest metropolitan statistical area in the nation. The name Columbia is a poetic term used for the United States, derived from the name of Christopher Columbus, who explored for the Spanish Crown. Columbia is often abbreviated as Cola, leading to its nickname as "Soda City." The city is located about northwest of the geographic center of South Carolina, and is the primary city of the Midlands region of the state. It lies at the confluence of the Saluda River and the Broad River, which merge at Columbia to form the Congaree River. As the state capital, Columbia is the s ...
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Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The ter ...
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AMC Theatres
AMC Entertainment Holdings, Inc. (d/b/a AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain founded in Kansas City, Missouri and now headquartered in Leawood, Kansas. It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres. After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. It has 2,807 screens in 353 theatres in Europe and 7,755 screens in 593 theatres in the United States. The company is listed on the New York Stock Exchange; from 2012 to 2018, the Chinese conglomerate Wanda Group owned a majority stake in the company. Private equity firm Silver Lake Partners made a $600 million investment in AMC in September 2018, but the voting power of AMC shares ...
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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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Office Depot
The ODP Corporation is an American office supply holding company headquartered in Boca Raton, Florida. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. The company operates 1,400 retail stores, e-commerce sites and a business-to-business sales organization. The company's portfolio of brands includes Office Depot, OfficeMax, Grand & Toy, ODP Business Solutions, Ativa, TUL, Foray, Realspace, and DiVOGA. History Office Depot was founded in by F. Patrick Sher, Stephen Doughtery, and Jack Kopkin, who became the company's chairman and chief executive officer, the president, and executive vice president respectively. All three were formerly associated with Mr. HOW Warehouse, a home improvement company that Sher sold to Service Merchandise in 1983. The first store, located at the Lakes Mall in Lauderdale Lakes, Florida, opened in October 1986. The company announced its initial public offeri ...
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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, who had bought the UK Woolworth business, to Gateway who 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 Columbus, ...
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Eckerd Drug
Eckerd Corporation was an American drug store chain that was headquartered in Largo, Florida, and toward the end of its life, in Warwick, Rhode Island. The chain had approximately 2,800 stores in 23 states as far west as Arizona. In November 1996, Eckerd drugs was purchased by JCPenney. In April 2004, the company, the fourth largest drug chain in the U.S., was broken up in a $4.52 billion deal, with approximately 1,269 stores in Florida, Louisiana and Texas, along with Eckerd's $1.3 billion mail order pharmacy, sold to CVS Corporation (now CVS Health). The deal enabled CVS to leapfrog past rival Walgreens with some 5,400 stores. Because CVS already owned 74 stores in Florida at the time, including 19 in the Tampa Bay Area, many duplicate locations were closed. The remaining stores were sold to the Quebec-based Jean Coutu Group and merged with its Brooks Pharmacy chain. The Eckerd name and corporate headquarters, which housed 1,000 administrative workers at the time in Largo, Flori ...
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Morrison's Cafeteria
Morrison's Cafeterias was a chain of cafeteria-style restaurants, located in the Southeastern United States with a concentration of locations in Georgia and Florida. Generally found in shopping malls, Morrison's primary competition was Piccadilly Cafeterias. It was especially popular in Florida, with its high proportion of retirees. At its peak, the company was a symbol of good Southern cooking and operated 151 restaurants under the Morrison's name in 13 states. The company began as a single cafeteria opened in 1920 in Mobile, Alabama by J. A. Morrison. Morrison helped develop the cafeteria dining concept, which was unique at the time and would later become characteristic of the Southern United States. More than 100 food items were prepared "homemade" daily. By 1950 the company had 17 locations in Mississippi, Alabama, Louisiana, Georgia, Tennessee, and Florida, with the majority of them in Florida.
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The State (newspaper)
''The State'' is an American daily newspaper published in Columbia, South Carolina. The newspaper is owned and distributed by The McClatchy Company in the Midlands region of the state. It is, by circulation, the second-largest newspaper in South Carolina after ''The Post and Courier''. History The newspaper, first published on February 18, 1891. was founded by two brothers, N.G. Gonzales and A.E. Gonzales.TheState.com
Web page titled "About The State" at ''The State'' Web site, accessed April 6, 2007
In 1903, N. G. Gonzales was fatally shot by lieutenant governor James H. Tillman, who was later acquitted of murder charge ...
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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, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". 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 so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. 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 " ...
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Phillips Edison
Phillips Edison & Company is an American REIT that owns and develops shopping centers throughout the United States. Founded in 1991, the Company is headquartered in Sycamore Township, Ohio, and has offices in Salt Lake City, Utah, New York City, New York and Atlanta, Georgia. The company wholly owns 268 shopping centers and has partial ownership interest in 21 other facilities in a combined 31 states. Its largest tenants by square footage leases included: Publix, Kroger, Albertsons, and Walmart. History The company was founded by Mike Phillips and Jeff Edison, former employees of Taubman Centers, to invest in community and neighborhood shopping centers. The company acquired its first property in 1992, and subsequently began investing in other properties across the U.S. through a series of private funds. In 2010, Phillips Edison & Company launched Phillips Edison—ARC Shopping Center REIT Inc., the first of two non-traded real estate investment trusts (REITs). In 2013, Phill ...
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Annexed
Annexation (Latin ''ad'', to, and ''nexus'', joining), in international law, is the forcible acquisition of one state's territory by another state, usually following military occupation of the territory. It is generally held to be an illegal act.: "Annexation means the forcible acquisition of territory by one State at the expense of another State. It is one of the principal modes of acquiring territory... in contrast to acquisition a) of terra nullius by means of effective occupation accompanied by the intent to appropriate the territory; b) by cession as a result of a treaty concluded between the States concerned (Treaties), or an act of adjudication, both followed by the effective peaceful transfer of territory; c) by means of prescription defined as the legitimization of a doubtful title to territory by passage of time and presumed acquiescence of the former sovereign; d) by accretion constituting the physical process by which new land is formed close to, or becomes attached to ...
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