Kresge-Newark
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Kresge-Newark
Kresge-Newark was an upper-middle market department store based in Newark, New Jersey. The firm was started in 1923 when its founder Sebastian Kresge purchased the L.S. Plaut Department store "S. S. Kresge Enters New Enterprise— Twenty-five-Million-Dollar Corporation to Finance Big Deal", ''Los Angeles Times'', August 2, 1923, p. 10 in downtown Newark and rebranded the business Kresge-Newark. This store had no management connection to the S.S. Kresge 5 & 10 chain based in Detroit, Michigan.Kresge's New Chain
''Time'', August 13, 1923
In 1926, Kresge replaced the original Plaut store, nicknamed "The Bee Hive," which had been built in 1891, with a larger flagship store that occupied the entire city block, between Broad and Halsey streets, and Cedar Street and Raymond Bo ...
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Chase-Newark
Chase-Newark was a short lived, upper middle-market department store based in Newark, New Jersey. The company also operated 2 suburban stores during its three-year history. Chase-Newark was founded early in 1964 when David Chase purchased the Kresge-Newark Department stores from the Kresge Foundation, and leased back 5 floors of the downtown Newark location. When Sebastian Kresge (the founder of Kresge-Newark) died a foundation was set up to run the stores that bore his name. David Chase could have used the Kresge name but instead re-branded the stores Chase-Newark, as he planned to refocus the stores to be (like Kresge), more upmarket compared to Bamberger's, but more trendy and fashion aware than Kresge-Newark was. It was reported that David Chase spent close to 1 million dollars renovating the downtown Newark flagship to fit his vision. Chase-Newark used 5 selling floors of the flagship building, down from 8 last used by Kresge. The Western Electric Company that leased the 2 ...
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Two Guys
Two Guys from Harrison (later shortened to Two Guys) is a former discount store chain founded in 1946 by brothers Herbert and Sidney Hubschman in Harrison, New Jersey, originally selling major appliances such as televisions. The chain acquired the manufacturers of the Vornado appliance brand in 1959, and spread beyond the New York City metropolitan area to more than 100 locations in upstate New York, eastern Pennsylvania, New Jersey, Connecticut, Massachusetts, Maryland, Virginia, and as far as California. The company's financial success started to decline in the late 1970s, and it was defunct by 1982. History In 1946, the Hubschmans operated a snack bar concession in the Radio Corporation of America (RCA) plant in Harrison, New Jersey, which was one of the earliest US manufacturers of television sets. They became friendly with one of their customers, an RCA executive who invited Herbert to tour the plant. During the tour, Hubschman saw a batch of scratched-cabinet television ...
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Steinbach (store)
Steinbach was a department store chain based in Asbury Park, New Jersey with locations throughout the United States northeast. It opened in 1870 and was purchased by Supermarkets General Corporation (SGC) in the 1960s, and was shuttered in early 1999. History Steinbach was founded in 1870 by the Steinbach brothers, John, Henry, and Jacob in Long Branch. The brothers expanded to the Asbury location four years later. In the early 20th century, Steinbach's was considered to be the "world's largest department store." The company was at one time affiliated with the Kresge-Newark department store in downtown Newark. In the 1960s, the chain was purchased by Supermarkets General Corporation, and continued to operate as a standalone company. SGC also purchased the Howland chain in Bridgeport, Connecticut (which had previously merged the Genung's chain of stores into itself), along with the two-store Goerke's department store based in Elizabeth, New Jersey. Howland also continued to run ...
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Sales
Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. The seller, or the provider of the goods or services, completes a sale in response to an acquisition, appropriation, requisition, or a direct interaction with the ''buyer'' at the point of sale. There is a passing of title (property or ownership) of the item, and the settlement of a price, in which agreement is reached on a price for which transfer of ownership of the item will occur. The ''seller'', not the purchaser, typically executes the sale and it may be completed prior to the obligation of payment. In the case of indirect interaction, a person who sells goods or service on behalf of the owner is known as a salesman or saleswoman or salesperson, but this often refers to someone selling goods in a store/shop, in which case other terms are also common, including '' salesclerk'', ''shop assistant'', and ''r ...
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Companies Based In Newark, New Jersey
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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Asbury Park, New Jersey
Asbury Park () is a beachfront city located on the Jersey Shore in Monmouth County in the U.S. state of New Jersey. It is part of the New York metropolitan area. As of the 2020 U.S. census, the city's population was 15,188QuickFacts Asbury Park city, New Jersey
. Accessed June 13, 2022.
a decrease from 16,116 in 2010,
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Gateway Center (Newark)
The Gateway Center is a commercial complex in Newark, New Jersey. Located downtown just west of Newark Penn Station between Raymond Boulevard and Market Street; McCarter Highway runs through the complex. Skyways and pedestrian malls interconnect all of the office towers, a Hilton Hotel, the train station, and the Newark Legal Center. Built in phases in the late 20th century the complex comprises some of the tallest buildings in the city, two designed by Victor Gruen Associates and two by Grad Associates. History The Gateway Center was conceived as part of the "New Newark". Built in an urban renewal area that was considered blighted it was an early attempt to restore the reputation and rejuvenate business in Newark which had experienced severe urban decay in the previous decade. Prudential Insurance originally committed $18 million of long-term financing. The first phase included Gateway One, a concourse and shopping mall, and the Downtowner Motor Inn, which later became a Hilton ...
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Western Electric
The Western Electric Company was an American electrical engineering and manufacturing company officially founded in 1869. A wholly owned subsidiary of American Telephone & Telegraph for most of its lifespan, it served as the primary equipment manufacturer, supplier, and purchasing agent for the Bell System from 1881 to 1984 when it was dismantled. The company was responsible for many technological innovations as well as developments in industrial management. History In 1856, George Shawk, a craftsman and telegraph maker, purchased an electrical engineering business in Cleveland, Ohio. In January, 1869, Shawk had partnered with Enos M. Barton in the former Western Union repair shop of Cleveland, to manufacture burglar, fire alarms, and other electrical items. Both men were former Western Union employees. Shawk, was the Cleveland shop foreman and Barton, was a Rochester, New York telegrapher. During this Shawk and Barton partnership, one customer was an inventor sourcing parts an ...
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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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East Orange, New Jersey
East Orange is a City (New Jersey), city in Essex County, New Jersey, Essex County, in the U.S. state of New Jersey. As of the 2020 United States census, 2020 U.S. census, the city's population was 69,612. The city was List of municipalities in New Jersey, the state's 20th most-populous municipality in 2010, after having been the state's 14th most-populous municipality in 2000.The Counties and Most Populous Cities and Townships in 2010 in New Jersey: 2000 and 2010
New Jersey Department of Labor and Workforce Development. Accessed November 3, 2019.
The United States Census Bureau, Census Bureau's Population Estimates Program calculated that the city's population was 68,903 in 2021, ranking the city the List of United St ...
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Short Hills, New Jersey
Short Hills is an unincorporated community located within Millburn Township, in Essex County, New Jersey, United States. It is a popular commuter town for residents who work in New York City. As of the 2020 United States Census, the CDP's population was 14,422. For statistical purposes, the United States Census Bureau has defined Short Hills as a census-designated place (CDP). History Beginnings Originally, the area that would become Short Hills was part of Springfield Township, Union County, New Jersey, and its eponymous hills are thought to have played a role in the movement of the Continental Army under George Washington during the Battle of Springfield. While troops may have been present in the area, the Battle of Short Hills (June 26, 1777) took place in Scotch Plains and Metuchen. Short Hills began as a planned community, when Stewart Hartshorn (who became wealthy from developing, perfecting and manufacturing the self-acting shade roller) purchased of land in ...
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Summit, New Jersey
Summit is a city in Union County, in the U.S. state of New Jersey. The city is located on a ridge in northern- central New Jersey, within the Raritan Valley and Rahway Valley regions in the New York metropolitan area. At the 2010 United States census, the city's population was 21,457,DP-1 - Profile of General Population and Housing Characteristics: 2010 for Summit city, Union County, New Jersey
, . Accessed February 21, 2012.

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