King's Department Stores
King's Department Stores was a chain of discount stores in the Eastern United States. The chain started in 1956, in Brockton, Massachusetts. They expanded to 187 stores (three stores operated in the Buffalo, New York area). In 1978, they purchased the bankrupt Mammoth Mart chain. Because of the economic downturn and the debt from the Mammoth purchase, they filed for Chapter 11 bankruptcy in 1982. In 1984 Ames Department Stores purchased the chain and converted most of them into Ames stores. Ames went out of business in 2002. Retail Chains Bought out By King's *Mammoth Mart *Barker's Discount Department Stores Barkers Discount Department Stores was a chain of discount department stores founded in May, 1957 by Felix Mininberg and Irving Barker. As one of the first hard goods discounters, and with creative promotions, the initial store, in Orange, Conne ... * Sandy's Discount Stores * Miracle Mart (US Chain, not to be confused with the Canadian chain) References Defunc ...
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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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Ames Department Stores Inc
Ames may refer to: Places United States * Ames, Arkansas, a place in Arkansas * Ames, Colorado * Ames, Illinois * Ames, Indiana * Ames, Iowa, the most populous city bearing this name * Ames, Kansas * Ames, Nebraska * Ames, New York * Ames, Oklahoma * Ames, Texas * Ames, West Virginia Europe * Ames, Pas-de-Calais, France * Ames, Spain Acronyms * Air Ministry Experimental Station, used in radar designations * AMES (school), Academy for Math, Engineering, and Science, in Salt Lake City, Utah * Apparent mineralocorticoid excess syndrome Other uses * Ames (automobile), an American brand * Ames Department Stores Inc., a defunct department store chain based in Connecticut * Ames (surname) * Ames family, the family associated with Ames True Temper * Ames Manufacturing Company * Ames Range, a mountain range in Antarctica * Ames Research Center, NASA research center in California's Silicon Valley * Ames True Temper, a manufacturing company which produces non-powered lawn and garden pr ...
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Brockton, Massachusetts
Brockton is a city in Plymouth County, Massachusetts, Plymouth County, Massachusetts, United States; the population is 105,643 as of the 2020 United States Census. Along with Plymouth, Massachusetts, Plymouth, it is one of the two county seats of Plymouth County, Massachusetts, Plymouth County. It is the sixth-largest city in Massachusetts and is sometimes referred to as the "City of Champions", due to the success of native boxers Rocky Marciano and Marvin Hagler, as well as its successful Brockton High School sports programs. Two villages within it are Montello (MBTA station), Montello and Campello (MBTA station), Campello, both of which have MBTA Commuter Rail, MBTA Commuter Rail Stations and post offices. Campello is the smallest neighborhood, but also the most populous. Brockton hosts a baseball team, the Brockton Rox. It is the second-windiest city in the United States, with an average wind speed of . History In 1649, Ousamequin (Massasoit) sold the surrounding land, then kno ...
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Discount Store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, speciali ...
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Retail
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 ...
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Discount Stores
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, speciali ...
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Buffalo, New York
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from Southern Ontario. With a population of 278,349 according to the 2020 census, Buffalo is the 78th-largest city in the United States. The city and nearby Niagara Falls together make up the two-county Buffalo–Niagara Falls Metropolitan Statistical Area (MSA), which had an estimated population of 1.1 million in 2020, making it the 49th largest MSA in the United States. Buffalo is in Western New York, which is the largest population and economic center between Boston and Cleveland. Before the 17th century, the region was inhabited by nomadic Paleo-Indians who were succeeded by the Neutral, Erie, and Iroquois nations. In the early 17th century, the French began to explore the region. In the 18th century, Iroquois land surrounding Buffalo Creek ...
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Mammoth Mart
Mammoth Mart was a discount department store chain, located in the northeastern United States, primarily in the New England area. The chain was founded by Max Coffman and Henry Gornstein in Framingham, Massachusetts in 1956, and was something of a prototype for the large, downscale department store, selling housewares, hardware and clothing in stark, unfussy buildings, usually in suburban strip mall, shopping center locations. Other discount department store retailers like Kmart (United States), K-Mart, Zayre, and Bradlees would subsequently expand on this concept. Their advertising mascot was Marty the elephant, a smiling, blazer-wearing mammoth. History In 1956 Max Coffman and Henry Gornstein opened the first Mammoth Mart (at the time known as Mammoth Mills) in Framingham, MA. It was originally called Mammoth Mills due to the first store being in a mill building that used the same name. The name was changed to Mammoth Mart in 1962. By 1969 the chain had 35 stores. In March ...
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Ames Department Stores
Ames Department Stores Inc. was an American chain of discount stores based in Rocky Hill, Connecticut, United States. The company was founded in 1958 with a store in Southbridge, Massachusetts, and at its peak operated 700 stores in 20 states, including the Northeast, Upper South, Midwest, and the District of Columbia, making it the fourth-largest discount retailer in the country. Despite some success in its later years, Ames was plagued by debt "via acquisition decisions" and a slow decline in sales in the new global market and suburban developments. This resulted in two bankruptcy filings that ultimately put an end to the chain. The company, despite expanding into other markets and taking over many closed stores abandoned by competitors, went out of business in 2002. All stores ceased operations on October 19, 2002. History Ames began in 1958 when three Connecticut brothers, Milton, Irving, and Herbert Gilman, joined with their partner Philip Feltman, opened their first stor ...
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Barker's Discount Department Stores
Barkers Discount Department Stores was a chain of discount department stores founded in May, 1957 by Felix Mininberg and Irving Barker. As one of the first hard goods discounters, and with creative promotions, the initial store, in Orange, Connecticut, grew quickly with a wide variety of products for the home arranged in a supermarket style. This success spawned a second 40,000 sq. ft. location in Wallingford, Connecticut in 1960. The company was sold to Franklin Stores Corporation in 1961, and then grew quickly throughout the Northeast and South Central United States, the Caribbean, and the United States Virgin Islands. Irving Barker left Franklin Stores Corporation in 1963 and started his own discount store, Sabers. Felix Mininberg stayed on as Vice President. Mininberg's main position was to find locations for the new stores and oversee the building of each new store. Business Layout Barker's invested heavily in imports which they purchased directly from manufacturers, whi ...
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Defunct Discount Stores Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Defunct Companies Based In Massachusetts
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...