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Daylin
Daylin, Inc. was a major retail conglomerate (company), conglomerate based in Los Angeles and later Beverly Hills, California. Its best-known unit was Handy Dan Improvement Centers, which prefigured The Home Depot; the company also briefly owned London Drugs as well as Great Eastern, which gave rise to Linens 'n Things. Amnon Barness, an Israeli immigrant, co-founded the company in 1960 with an investment of $10,000. The company grew aggressively over the next two decades by acquiring retail operations around the United States, notably pharmacy (shop), drugstores, home improvement centers, and discount stores. By 1969, Daylin had 50 corporate divisions and subsidiaries employing around 13,000 employees. In 1973 it was reported to operate 700 stores. Handy Dan In 1968, Daylin acquired El Monte, California-based chain store, chain Angels Home Improvement Centers to add to its Handy Dan unit. Angels' founder, Sidney Kline, was hired as Daylin's chief of mergers and acquisitions. By 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Blank
Arthur M. Blank (born September 27, 1942) is an American businessman and a co-founder of the home improvement retailer The Home Depot. He also currently owns two professional sports teams based in Atlanta, Georgia - the Atlanta Falcons of the National Football League (NFL) and Atlanta United of Major League Soccer (MLS), the latter of which having won the 2018 MLS Cup, thus giving him an MLS Cup Championship to his credit. Life Arthur Blank was born to a Jewish family in Flushing, New York. He was born to Max Blank, a pharmacist, and Molly Blank. He has an older brother named Michael. Blank graduated from Stuyvesant High School in New York City. After graduating from Babson Institute in 1963, Blank was hired by Arthur Young and Company, where he was a senior accountant. He later joined the Daylin corporation, where he rose to become president of Elliott's Drug Stores/Stripe Discount Stores, a division of Daylin. When Daylin decided to sell off that division, Blank moved to anoth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handy Dan
Handy Dan Home Improvement was an American home improvement store based out of New Jersey. It went out of business in May, 198 Bernard Marcus was CEO of Handy Dan in 1978 when he was fired along with company vice president Arthur Blank amid a corporate power struggle with Sanford C. Sigoloff, who led Handy Dan's owner at the time, Daylin Inc. Marcus and Blank went on to found Home Depot. Daylin was purchased by W. R. Grace and Company in 1979. In 1986, Grace's retail home improvement division, which included Handy Dan and Channel Home Centers, was sold to the division's executives through a leveraged buyout. Handy Dan played a major role in getting Texas's religion-based blue laws Blue laws, also known as Sunday laws, Sunday trade laws and Sunday closing laws, are laws restricting or banning certain activities on specified days, usually Sundays in the western world. The laws were adopted originally for religious reasons, ... repealed in 1984 by opening on Sunday and using ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Drugs
London Drugs Limited is a Canadian retail pharmacy chain based in Richmond, British Columbia. As of June 2021, the chain has 78 stores in the provinces of British Columbia, Alberta, Saskatchewan, and Manitoba. In addition to pharmacy services, London Drugs locations also sell electronics, housewares, cosmetics, and a limited selection of grocery items. History London Drugs was founded by Sam Bass in 1945 as a small drugstore at 800 Main Street in Vancouver, British Columbia. Bass named his drugstore after the English city of London, the seat of the Canadian monarch. In 1968, London Drugs was sold to Daylin, Inc. The next year, Daylin ran into financial difficulties in the US branch of its business, and decided to put London Drugs up for sale. In 1976, the business was acquired by the H.Y. Louie Group under the direction of President Tong Louie. Tong Louie expanded the company within BC and, for the first time, beyond the provincial border into Alberta with the first Edmon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linens 'n Things
Linens 'n Things was a Clifton, New Jersey-based big-box retailer specializing in home textiles, housewares, and decorative home accessories. The chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. The company's business strategy was "to offer a broad selection of high quality, brand name home furnishings merchandise at exceptional everyday values, provide superior guest service, and maintain low operating costs." Burdened with debt after private equity buyouts, the company announced it would shutter all remaining stores in October 2008."Linens 'n Things store closings to begin Friday" accessed October 16, 2008 It was relaunched as an online-only retailer i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 therefore 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 Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanford C
Sanford may refer to: People *Sanford (given name), including a list of people with the name *Sanford (surname), including a list of people with the name Places United States * Sanford, Alabama, a town in Covington County * Sanford, Colorado, a statutory town in Conejos County * Sanford, Florida, the county seat of Seminole County ** Orlando Sanford International Airport, in Sanford, Floria * Sanford, Georgia, an unincorporated community * Sanford, Kansas, an unincorporated community in Pawnee County * Sanford, Maine, a city in York County ** Sanford (CDP), Maine, a former census-designated place in downtown Sanford * Sanford, Michigan, a village in Midland County * Sanford, Mississippi, an unincorporated community in Covington County * Sanford, New York, a town in Broome County * Sanford, North Carolina, a city in Lee County * Sanford, Texas, a town in Hutchinson County * Sanford, Virginia, a census-designated place in Accomack County * Mount Sanford (Alaska), a shield vo ... [...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 to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channels. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own listing requirements or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Jose, California
San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 population of 1,013,240, it is the most populous city in both the Bay Area and the San Jose–San Francisco–Oakland, CA Combined Statistical Area, San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 9.7 million people respectively, the List of largest California cities by population, third-most populous city in California (after Los Angeles and San Diego and ahead of San Francisco), and the List of United States cities by population, tenth-most populous in the United States. Located in the center of the Santa Clara Valley on the southern shore of San Francisco Bay, San Jose covers an area of . San Jose is the county seat of Santa Clara County, California, Santa Clara County and the main component of the San ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disco Department Stores
Disco is a genre of dance music and a subculture that emerged in the 1970s from the United States' urban nightlife scene. Its sound is typified by four-on-the-floor beats, syncopated basslines, string sections, brass and horns, electric piano, synthesizers, and electric rhythm guitars. Disco started as a mixture of music from venues popular with Italian Americans, Hispanic and Latino Americans and Black Americans "'Broadly speaking, the typical New York discothèque DJ is young (between 18 and 30) and Italian,' journalist Vince Lettie declared in 1975. ..Remarkably, almost all of the important early DJs were of Italian extraction .. Italian Americans have played a significant role in America's dance music culture .. While Italian Americans mostly from Brooklyn largely created disco from scratch .." in Philadelphia and New York City during the late 1960s and early 1970s. Disco can be seen as a reaction by the 1960s counterculture to both the dominance of rock music and the st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
