R. H. Stearns And Company
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R. H. Stearns And Company
R. H. Stearns & Company, or Stearns, as it was commonly called, was an upper-middle market department store based in Boston, Massachusetts, founded by R. H. Stearns in 1847. The flagship store was located on Tremont Street, opposite Boston Common, a few blocks away from its primary competitors on Washington Street, Filene's and Jordan Marsh. R. H. Stearns carved out a niche as being more service-oriented than its competitors, and it was considered by many to be the "carriage trade" store of the Boston area. By the mid-1970s the changing face of the retail marketplace caught up with the store, and it did not have the financial backing like Filene's or Jordan Marsh, who were both owned by large national retail holding companies. At the time of Stearns' demise Filene's was owned by Federated Department Stores, and Jordan Marsh was owned by Allied Stores. History In 1847, Richard H. Stearns opened a one-room shop at 369 Washington Street, next to the Adams House, where he so ...
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Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ...
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William Fletcher Weld
William Fletcher Weld (April 15, 1800 – December 12, 1881) was an American shipping magnate during the Golden Age of Sail and a member of the prominent Weld family. He later invested in railroads and real estate. Weld multiplied his family's fortune into a huge legacy for his descendants and the public. Life Weld was the eldest of seven sons and two daughters of William Gordon Weld, a prosperous ship master and ship owner, and his wife Hannah Minot. The Weld family dates back to William Weld, High Sheriff of London in 1352. Weld planned to attend Harvard as his father had before him; however, during the War of 1812, a British frigate cruising off Boston Harbor captured one of the family's ships carrying a valuable cargo of wine and Spanish silver dollars. This financial disaster ended Weld's plans for Harvard. Instead, Weld became a clerk for an importer in Boston at age 15. By 22 he was in the dry-goods trade, but his partner's lack of business sense put the company in debt. ...
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1847 Establishments In Massachusetts
Events January–March * January 4 – Samuel Colt sells his first revolver pistol to the U.S. government. * January 13 – The Treaty of Cahuenga ends fighting in the Mexican–American War in California. * January 16 – John C. Frémont is appointed Governor of the new California Territory. * January 17 – St. Anthony Hall fraternity is founded at Columbia University, New York City. * January 30 – Yerba Buena, California, is renamed San Francisco. * February 5 – A rescue effort, called the First Relief, leaves Johnson's Ranch to save the ill-fated Donner Party (California-bound emigrants who became snowbound in the Sierra Nevada earlier this winter; some have resorted to survival by cannibalism). * February 22 – Mexican–American War: Battle of Buena Vista – 5,000 American troops under General Zachary Taylor use their superiority in artillery to drive off 15,000 Mexican troops under Antonio López de Santa Anna, defeating the Mexicans the next day. * February 25 ...
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Defunct Department Stores 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 ...
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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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Parker, Thomas & Rice
Parker, Thomas and Rice and Parker & Thomas were architectural firms formed in the early 20th century by partners J. Harleston Parker, Douglas H. Thomas, and Arthur W. Rice. A number of their works are listed on the U.S. National Register of Historic Places, including: ;as Parker & Thomas * Alex Brown Building (1901), 135 E. Baltimore St., Baltimore, Maryland (Parker & Thomas), NRHP-listed *Belvedere Hotel (1903), 1 E. Chase St., Baltimore, Maryland (Parker & Thomas), NRHP-listed *Baltimore & Ohio Railroad Building (1904-06), 2 North Charles Street. Baltimore, Maryland, with Herbert D. Hale and Henry G. Morse. Now the Hotel Monaco Baltimore. * Rosenfeld Building (1905), 32-42 S. Paca St., Baltimore, Maryland (Parker & Thomas), NRHP-listed *Stone House Hill House (1905), mansion of Frederick Lothrop Ames, Jr., later part of Stonehill College *Fenway Studios (1905-06), 30 Ipswich St., Boston, Massachusetts (Parker & Thomas), NRHP-listed * U.S. Post Office and Courthouse (1905 ...
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Park Street Station (MBTA)
Park Street station is an MBTA subway station in Boston, Massachusetts. It is located at the intersection of Park Street and Tremont Street at the eastern edge of Boston Common in Downtown Boston. One of the two oldest stations on the "T" (the other is Boylston), Park Street is the transfer point between the Green and Red lines, as one of the quartet of "hub stations" on the MBTA subway system. Park Street is the fifth-busiest station in the MBTA network, with an average of 16,571 entries each weekday in FY2019. History Initial construction Tremont Street subway The southern section of the Tremont Street subway from the Public Garden incline through Boylston to Park Street opened on September 1, 1897, followed on October 1 by the spur to the Pleasant Street Portal. The station was built with 4 tracks serving 2 island platforms; these were connected by two loops, allowing streetcars from the south and west to reverse direction and return to the portals and surface routes. On ...
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Thomson-Houston Electric Company
The Thomson-Houston Electric Company was a manufacturing company which was one of the precursors of the General Electric company. History The Thomson-Houston Electric Company was formed in 1882 in the United States when a group of Lynn, Massachusetts investors led by Charles A. Coffin bought out Elihu Thomson and Edwin Houston's American Electric Company from their New Britain, Connecticut, investors. The company moved its operations to a new building on Western Ave. in Lynn, Massachusetts, because many of the investors were shoe manufacturers from Lynn. Elihu Thomson Papers at the American Philosophical Society Charles A. Coffin led the company and organized its finances, marketing, and sales operations. Elwin W. Rice organized the manufacturing facilities, and Elihu Thomson ran the Model Room which was a precursor to the industrial research lab. With their leadership, the company grew into an enterprise with sales of and 4000 employees by 1892. In 1884 Thomson-Houston I ...
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Cash Carrier
Cash carriers were used in shops and department stores to carry customers' payments from the sales assistant to the cashier and to carry the change and receipt back again. The benefits of a "centralised" cash system were that it could be more closely supervised by management, there was less opportunity for pilfering (as change would be counted both by the cashier and by the sales assistant), and it freed up the assistant to attend to the customer and perhaps make further or better sales. Cash balls The earliest type was a two-piece hollow wooden ball which ran along sloping rails, carrying cash and sales docket or receipt. One set of rails sloped down from sales desk to cash office and another set sloped in the opposite direction. This was known as a cash railway. William Stickney Lamson of Lowell, Massachusetts patented this system in 1881. His invention soon attracted the interest of other shopkeepers, and in 1882 along with Meldon Stephen Giles, the Lamson Cash Carrier Compan ...
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Washington Gardens (Boston)
Washington Gardens (1814 – ca.1829) was a place of public entertainment and refreshment in early 19th-century Boston, Massachusetts. Also known as Vauxhall, it specialized in fireworks, circuses, musical and theatrical performances, pictorial exhibitions, and the occasional balloonist and necromancer. John H. Schaffer oversaw the enterprise beginning in 1814. History The name of the business referred to George Washington, in an attempt to uplift to what was basically a party space. "Whatever bears the title of ashingtonmust be dear, and indeed invaluable to the American bosom." Schaffer advertised frequently in local newspapers. In August 1814, for instance, "J.H. Shaffer respectfully informs his friends and the public that the illumination of the Washington Gardens ... will take place this evening, with such additions and improvements as he flatters himself cannot fail to please the public -- 900 orange transparent lamps and transparencies will be so disposed as to produce the ...
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Washington Street (Boston)
Washington Street is a street originating in downtown Boston, Massachusetts that extends southwestward to the Massachusetts–Rhode Island state line. The majority of its length outside of the city was built as the Norfolk and Bristol Turnpike in the early 19th century. It is the longest street in Boston and remains one of the longest streets in the Commonwealth of Massachusetts. The street's great age in the city of Boston has given rise to a phenomenon whereby intersecting streets have different names on either side of Washington Street. History Until 1803 and the commencement of large-scale infilling of Boston Harbor and Back Bay, the town lay at the end of a peninsula less than a hundred feet wide at its narrowest point. This was the waist of the strip of land known as Boston Neck. Originally a single street traversed the Neck, joining peninsular Boston to the mainland. This was termed Orange or South-End Street. The route served as the first leg of the Boston Post Road to Ne ...
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