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Rainbow Shops
Rainbow USA Inc. (commonly referred to as Rainbow Shops or simply Rainbow) is a privately held, moderately priced American retail apparel chain comprising several lifestyle brands primarily targeting teenagers and young women. The company is headquartered in the East New York section of Brooklyn, New York, United States. History Rainbow Shops was founded in 1935 in New York City by Irving Arthur Swarzman, an Austrian native who was raised in Brooklyn. Swarzman brought his four brothers (Herman, Oscar, Ira, and Nat) into the business as they reached working age. They built the business from one shop to a high of eighty-two stores before selling the business in the 1980s, according to Mr. Swarzman's granddaughter. Rainbow Shops is now owned by the Syrian-Jewish Chehebar family.
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Privately Held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State
. Retrieved September 18, 2016.
with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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5-7-9
5-7-9 is a low to mid-end fashion retailer, commonly found in malls throughout the continental United States and Puerto Rico, and formerly Hawaii. It is a sister company to Rainbow Shops. The chain offers mid to low-priced fashions for young teens and young women between 13 and 22 years of age. The store's name refers to the junior miss clothing sizes the store specializes in. History In , Edison Brothers Stores purchased the 5-7-9 chain, making it one of numerous clothing and shoe chains the company expanded nationwide. In , Edison Brothers, which had gone bankrupt and was being liquidated, sold the 5-7-9 stores to a newly formed subsidiary of A.I.J.J. Enterprises, Inc., owner of Rainbow Shops. Rainbow is headquartered in Brooklyn, New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and televisio ...
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Store 253 Front (large)
Store may refer to: Enterprises * Retail store, a shop where merchandise is sold, usually products and usually on a retail basis, and where wares are often kept ** App store, an online retail store where apps are sold, included in many mobile operating systems ** Department store, a retail store offering a wide range of consumer goods ** Warehouse club (or wholesale club), a no-frills retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities at low prices *Warehouse, a location where items are stored, e.g., a ship's paint store, and sometimes sold, e.g., Costco Warehouse Club Arts, entertainment, and media *The Store (ITV), a British shopping television programming on ITV1 * ''The Store'' (novel), a 1932 novel by Thomas Sigismund Stribling * "Store", a song by Carly Rae Jepsen from the EP '' Emotion: Side B'' Other uses *Data store, a repository for persistently storing and managing collections of data *Štore, a town an ...
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East New York, Brooklyn
East New York is a residential neighborhood in the eastern section of the borough of Brooklyn in New York City, United States. Its boundaries, starting from the north and moving clockwise, are roughly the Cemetery Belt and the Queens borough line to the north; the Queens borough line to the east; Jamaica Bay to the south, and the Bay Ridge Branch railroad tracks and Van Sinderen Avenue to the west. Linden Boulevard, Pennsylvania Avenue, and Atlantic Avenue are the primary thoroughfares through East New York. East New York was founded as the Town of New Lots in the 1650s. It was annexed as the 26th Ward of the rapidly growing city of Brooklyn in 1886, and became part of New York City in 1898. During the latter part of the twentieth century, East New York came to be predominantly inhabited by African Americans and Latinos. East New York is part of Brooklyn Community District 5, and its primary ZIP Codes are 11207, 11208, and 11239. It is patrolled by the 75th Precinct of the ...
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Syrian Jewish
Syrian Jews ( he, יהודי סוריה ''Yehudey Surya'', ar, الْيَهُود السُّورِيُّون ''al-Yahūd as-Sūriyyūn'', colloquially called SYs in the United States) are Jews who lived in the region of the modern state of Syria, and their descendants born outside Syria. Syrian Jews derive their origin from two groups: from the Jews who inhabited the region of today's Syria from ancient times (known as Musta'arabi Jews, and sometimes classified as Mizrahi Jews, a generic term for the Jews with an extended history in Western Asia or North Africa); and from the Sephardi Jews (referring to Jews with an extended history in the Iberian Peninsula, i.e. Spain and Portugal) who fled to Syria after the Alhambra Decree forced the expulsion of the Jews from Spain in 1492. There were large communities in Aleppo ("Halabi Jews", Aleppo is ''Halab'' in Arabic) and Damascus ("Shami Jews") for centuries, and a smaller community in Qamishli on the Turkish border near Nusaybin. In ...
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Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated territories of the United States, unincorporated territory of the United States. It is located in the northeast Caribbean Sea, approximately southeast of Miami, Florida, between the Dominican Republic and the United States Virgin Islands, U.S. Virgin Islands, and includes the eponymous main island and several smaller islands, such as Isla de Mona, Mona, Culebra, Puerto Rico, Culebra, and Vieques, Puerto Rico, Vieques. It has roughly 3.2 million residents, and its Capital city, capital and Municipalities of Puerto Rico, most populous city is San Juan, Puerto Rico, San Juan. Spanish language, Spanish and English language, English are the official languages of the executive branch of government, though Spanish predominates. Puerto Rico ...
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Edison Brothers Stores
Edison Brothers Stores, Inc., was a retail conglomerate based in St. Louis, Missouri. It operated numerous retail chains mainly located in shopping malls, mostly in the fields of shoes, clothing and entertainment, with Bakers Shoes as its flagship chain. The company was liquidated and condemned in 1999, though some of the chains it operated continued under different owners. History The company began on October 28, 1922, when brothers Sam, Harry, Mark, Irving, and Simon Edison—most of whom had previous experience in the shoe business working for others—opened their first shoe store, Chandler's, in Atlanta, Georgia. The store was a success and the brothers opened up a second shoe store, called Baker's, the next year. By 1928, the brothers operated 12 Chandler's stores; the next year, the company went public, using the money raised to open 14 more Baker's stores and three more Chandler's stores, and moved its headquarters to St. Louis. The company survived the Great Depression by ...
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Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ...
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