Garfinckel's Department Store
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Garfinckel's Department Store
Garfinckel's was a prominent department store chain based in Washington, D.C. that catered to a clientele of wealthy consumers. Its flagship store at 14th and F in the city's F Street shopping district is listed on the National Register. It filed for Chapter 11 bankruptcy in June 1990 and ceased operations that year. History This retail mercantile business was founded in 1905, as Julius Garfinkle & Co. by Julius Garfinckel (1872–1936), originally employing 10 clerks. The store opened on October 2, 1905, at 1226 F St. NW in Washington, D.C. By August 1924, the spelling of the store name was modified to Julius Garfinckel & Co. In 1946, it acquired the men's specialty retailer, Brooks Brothers and in 1950, De Pinna. It formed the national retail conglomerate, Garfinckel, Brooks Brothers, Miller & Rhoads, Inc., after acquisition of the Miller & Rhoads chain in 1967. In 1977, the conglomerate acquired the Ann Taylor women's fashion store chain. In 1981, the conglomerate ...
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Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (other) ...
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National Register Of Historic Places
The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic value". A property listed in the National Register, or located within a National Register Historic District, may qualify for tax incentives derived from the total value of expenses incurred in preserving the property. The passage of the National Historic Preservation Act (NHPA) in 1966 established the National Register and the process for adding properties to it. Of the more than one and a half million properties on the National Register, 95,000 are listed individually. The remainder are contributing resources within historic districts. For most of its history, the National Register has been administered by the National Park Service (NPS), an agency within the U.S. Department of the Interior. Its goals are to help property owners and inte ...
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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 ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Raleigh's
Raleigh Haberdasher, more commonly called Raleigh's, was a high end, local men's and women's furnishings store based in Washington, D.C. History The first store opened on February 16, 1911, at 1109 Pennsylvania Ave., NW, in the Raleigh Hotel. Mr. Clarence Grosner was the first store operator. Men who give thought to care and taste in their dress will be interested to hear of the opening today of The Raleigh Haberdasher at 1109 Pennsylvania avenue. Mr. Clarence W. Grosner, who for many years has been well known in Washington as a popular caterer to the sartorial wants of man, will be in charge of this new emporium, which is an assurance that everything will be strictly up-to-date and first class. The place has been thoroughly remodeled and the fixtures are of the latest and most attractive design. The aim of the Raleigh Haberdasher will be to sell the very newest and best in exclusive furnishings and hats for men at the lowest prices. In 1952, Sidney Lansburgh and his family ...
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Campeau Corp
Campeau is a surname. Notable people with the surname include: *Charles-Édouard Campeau (born 1916), politician *Frank Campeau (1864–1943), actor *Jean Campeau (born 1931), businessman and politician *Lucien Campeau (died 2010), cardiologist *Robert Campeau (born 1923), businessman * Rychard Campeau (born 1952), ice hockey player *Tod Campeau (1923–2009), ice hockey player *Jennifer Campeau (born 1973), politician See also *Campeau Corporation, real estate company *Commission on the Political and Constitutional Future of Quebec The Commission on the Political and Constitutional Future of Quebec, also known as the Bélanger-Campeau Commission, was established by the Lieutenant Governor of Quebec, at the initiative of Premier Robert Bourassa, after the demise of the Meech La ...
, aka the Bélanger-Campeau Commission {{surname, Campeau ...
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Allied Stores
Allied Stores was a department store chain 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 1935 Hahn's was reorganized into Allied Stores. In 1981, Allied Stores acquired the 24-year-old retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. for $228 million. With that transaction they acquired 178 department stores and 48 specialty shops in 28 states. In 1986 the chain was acquired by Campeau Corporation under Canadian entrepreneur Robert Campeau. In 1988 it merged with Federated Department Stores (now known as Macy's, Inc.), and the chains were consolidated in 1990 under the Federated name after Chapter 11 bankruptcy. Stores Advertisement for The Dean Miller Show on WLW-C (now WCMH) in Columbus, Ohio. Sponsored by The Fashion. Department stores divisions at ...
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Ann Taylor (retail Chain)
Ann Inc. is an American group of specialty apparel retail chain stores for women. The company headquartered in New York City and currently operates as a subsidiary of Ascena Retail Group. The stores offer classic-styled suits, separates, dresses, shoes and accessories. The brand is marketed under five divisions: Ann Taylor, Loft, Lou & Grey, Ann Taylor Factory, and Loft Outlet. History Richard Liebeskind, the founder of Ann Taylor, opened his first Ann Taylor store in New Haven, Connecticut, in 1954. "Ann Taylor" was the name of a best-selling dress at Liebeskind's father's store. Both the best-selling dress and the name ''Ann Taylor'' were given by the father to his son, Richard Liebeskind, for good luck. Liebeskind decided to go with the name Ann Taylor because ''Ann'' was considered a very New England name, and ''Taylor'' evoked the image of tailored clothing. The name supposedly created the ideal identity of classic women's apparel. In May 1991, the company completed ...
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Miller & Rhoads
Miller & Rhoads was a Virginia-based department store chain. Throughout its 105-year lifespan, the store played an active role in the Richmond, Virginia community, along with its friendly cross-street rival Thalhimers. The Richmond flagship location was known for its "SantaLand" upstairs attraction, which has since become an attraction at the Children’s Museum of Richmond. In 1987, Campeau purchased Miller & Rhoads and later sold it to Philadelphia developer Kevin Donohoe and store management before closing in 1990. Origins In 1885, Linton Miller, Webster Rhoads, and Simon Gerhart opened a dry goods store in Richmond, Virginia. The store—Miller, Rhoads, & Gerhart—opened with an initial investment of $3,000. In 1888, Miller, Rhoads, & Gerhart moved to 509 East Broad Street. Simon Gerhart relocated to Lynchburg, Virginia in 1890 and opened his own store there. It was at this time that the nameplate of the Richmond store changed to Miller & Rhoads. By 1909, the Richmond B ...
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De Pinna
De Pinna was a high-end clothier for men and women founded in New York City in 1885, by Alfred De Pinna (1831 - 1915), a Sephardic Jew born in England. They also sold menswear-inspired clothing for women that was finely tailored. The flagship store was located at 642-50 Fifth Avenue and 52nd Street. Alfred De Pinna retired from the company in 1912, and turned operations over to his son, Leo S., who ran the store until his retirement in 1939. In 1950, De Pinna was bought by the Washington, D.C.-based store, Julius Garfinckel & Co. Branch locations operated at Eastchester, New York and Sunrise Center at Fort Lauderdale, Florida Fort Lauderdale () is a coastal city located in the U.S. state of Florida, north of Miami along the Atlantic Ocean. It is the county seat of and largest city in Broward County with a population of 182,760 at the 2020 census, making it the tenth .... In 1969, the retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. closed the unprof ...
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Brooks Brothers
Brooks Brothers, founded in Manhattan, New York, in 1818, is the oldest apparel brand in continuous operation in America. Originally a family business, Brooks Brothers produces clothing for men, women and children, as well as home furnishings. Brooks Brothers licenses its name and branding to Luxottica for eyewear, Paris-based Interparfums for fragrances, and Turkey-based Turko Textiles for its home collection. As a result of store closures and poor online sales due to the COVID-19 pandemic, the company filed for bankruptcy protection in July 2020. Brooks Brothers announced in August 2020 that it would be purchased by Authentic Brands Group and by SPARC Group LLC (Simon Properties Authentic Retail Concepts Group LLC), a joint venture between Authentic Brands Group and Simon Property Group. History Founding and 19th century On April 7, 1818, at the age of 45, Henry Sands Brooks (1772–1833) opened H. & D. H. Brooks & Co. on the northeast corner of Catherine and Cherry stre ...
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