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Hess Shoe Store
N. Hess' Sons was a Baltimore, Maryland area shoe store founded in 1872. Privately held, it was acquired from the founding family by a German company in the late 1970s. At its peak in 1989 it had 32 stores, shrinking to 23 stores in 1994 in a conscious effort to achieve economies of scale after a bankruptcy and reorganization. At its demise in 1999 it had 11 stores throughout the Baltimore region. Its Edmondson Village store (Hess Monkey Town) adjoined a children's barber shop which featured live monkeys. The 1948 building that housed its flagship store on York Rd. is part of the Hochschild, Kohn Belvedere and Hess Shoes Historic district. References *After 127 years, Hess Shoes goes out of business, ''Baltimore Sun ''The Baltimore Sun'' is the largest general-circulation daily newspaper based in the U.S. state of Maryland and provides coverage of local and regional news, events, issues, people, and industries. Founded in 1837, it is currently owned by Tr ...'' *Hess S ...
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Baltimore
Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was designated an independent city by the Constitution of Maryland in 1851, and today is the most populous independent city in the United States. As of 2021, the population of the Baltimore metropolitan area was estimated to be 2,838,327, making it the 20th largest metropolitan area in the country. Baltimore is located about north northeast of Washington, D.C., making it a principal city in the Washington–Baltimore combined statistical area (CSA), the third-largest CSA in the nation, with a 2021 estimated population of 9,946,526. Prior to European colonization, the Baltimore region was used as hunting grounds by the Susquehannock Native Americans, who were primarily settled further northwest than where the city was later built. Colonist ...
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Shoe Store
Shoemaking is the process of making footwear. Originally, shoes were made one at a time by hand, often by groups of shoemakers, or cobblers (also known as '' cordwainers''). In the 18th century, dozens or even hundreds of masters, journeymen and apprentices (both men and women) would work together in a shop, dividing up the work into individual tasks. A customer could come into a shop, be individually measured, and return to pick up their new shoes in as little as a day. Everyone needed shoes, and the median price for a pair was about one day’s wages for an average journeyman. The shoemaking trade flourished in the eighteenth and early nineteenth centuries but began to be affected by industrialization in the later nineteenth century. Traditional handicraft shoemaking has now been largely superseded in volume of shoes produced by industrial mass production of footwear, but not necessarily in quality, attention to detail, or craftsmanship. Today, most shoes are made on a volu ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use ...
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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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Edmondson Village
Edmondson Village is a neighborhood in the southwestern section of Baltimore, Maryland, encompassing most of the Edmondson Avenue corridor in 21229. The Edmondson Village area is made up of several smaller communities. Its communities include Hunting Ridge, Uplands, Rognel Heights, Wildwood, West Mulberry, Allendale, Edgewood, and Lower Edmondson Village. It is located north of Frederick Avenue, and south of the Gwynns Falls Parkway, Leakin and Gwynns Falls Parks. Communities in the area range from middle class to lower income. A notable shopping center opened in the neighborhood in 1947. History In 1947, Joseph and Jacob Meyerhoff built Edmondson Village Shopping Center, which featured a bowling alley, movie theatre, and acres of free parking. Retail establishments at the shopping center included Hess Shoes, Food Fair, Tommy Tucker, Whelan's Drugs, and Hochschild, Kohn & Co. Racial succession and white flight occurred in Edmondson Village as a result of the real estate s ...
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York Road (Baltimore)
Maryland Route 45 (MD 45) is a state highway in the U.S. state of Maryland. Known for most of its length as York Road, the state highway runs from U.S. Route 1 (US 1) and US 40 Truck in Baltimore north to the Pennsylvania state line in Maryland Line, where the highway continues as State Route 3001 (SR 3001). MD 45 is the primary highway between Downtown Baltimore and Towson, the county seat of Baltimore County. North of Interstate 695 (I-695), the state highway parallels I-83 and serves the suburban communities of Lutherville, Timonium, Cockeysville, and Hunt Valley. MD 45 also connects the northern Baltimore County communities of Hereford and Parkton. The state highway is maintained by the Maryland State Highway Administration in Baltimore County and by the Baltimore City Department of Transportation in the city, where the highway also follows Greenmount Avenue. York Road, which follows the path of an 18th-century wagon road and 19th century turnpike, was one of th ...
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Hochschild, Kohn Belvedere And Hess Shoes
Hochschild, Kohn Belvedere and Hess Shoes is a national historic district consisting of a combined department store and shoe store building located at Baltimore, Maryland, United States. It consists of the two-story plus basement, Hochschild, Kohn Belvedere department store (constructed 1946–1948) and 1948 Hess Shoes store across the street. The structures comprise the modern-style core of a commercial development at York Road and Belvedere Avenue. The department store features a rounded corner with a glazed curtain wall facing the prominent intersection. Hochschild, Kohn Belvedere and Hess Shoes was listed on the 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 v ... in 2003. References External links *, including photo from 2002, at Ma ...
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Baltimore Sun
''The Baltimore Sun'' is the largest general-circulation daily newspaper based in the U.S. state of Maryland and provides coverage of local and regional news, events, issues, people, and industries. Founded in 1837, it is currently owned by Tribune Publishing. The ''Baltimore Sun's'' parent company, '' Tribune Publishing'', was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. History ''The Sun'' was founded on May 17, 1837, by printer/editor/publisher/owner Arunah Shepherdson Abell (often listed as "A. S. Abell") and two associates, William Moseley Swain, and Azariah H. Simmons, recently from Philadelphia, where they had started and published the '' Public Ledger'' the year before. Abell was born in Rhode Island, became a journalist with the ''Providence Patriot'' and later worked with newspapers in New York City and Boston.Van Doren, Charles and Robert McKendry, ed., ''Webster's American Biographies''. (Springfiel ...
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Shoe Companies Of The United States
A shoe is an item of footwear intended to protect and comfort the human foot. They are often worn with a sock. Shoes are also used as an item of decoration and fashion. The design of shoes has varied enormously through time and from culture to culture, with form originally being tied to function. Though the human foot can adapt to varied terrains and climate conditions, it is still vulnerable to environmental hazards such as sharp rocks and temperature extremes, which shoes protect against. Some shoes are worn as safety equipment, such as steel-toe boots which are required footwear at industrial worksites. Additionally, fashion has often dictated many design elements, such as whether shoes have very high heels or flat ones. Contemporary footwear varies widely in style, complexity and cost. Basic sandals may consist of only a thin sole and simple strap and be sold for a low cost. High fashion shoes made by famous designers may be made of expensive materials, use complex const ...
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Companies Based In Baltimore
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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American Companies Established In 1872
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Retail Companies Established In 1872
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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