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Richway
Richway was the discount department store division of Atlanta-based Rich's. It was originally part of Rich's, and was later bought by Federated Department Stores when they purchased the Rich's chain. It was originally known as Richway, a Rich's Company with a more bluish logo than the later orange and black theme under Federated ownership. The sunrise logo means "Everything Under The Sun", the slogan used in advertisements from that period. The official name of the chain was later Richway Department Stores. A long tagline on commercials was "We don't look like a discount store, but our price tags give us away." History Beginning Richway first opened in 1970 in metro Atlanta with suburban locations in Smyrna, Sandy Springs, Tucker and College Park. A location in Forest Park opened soon thereafter. These original locations were known for their distinctive raised-wedge skylights that are still found today, yet these were boarded/covered up and hidden by drop ceilings in mos ...
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Federated Department Stores
Macy's, Inc. (originally Federated Department Stores, Inc.) is an American conglomerate holding company. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the following year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over the department store chain Macy's. With the acquisition of The May Department Stores Company in 2005, the regional nameplates were retired and replaced by the Macy's and Bloomingdale's brands nationwide by 2006. Ultimately, Federated itself was renamed Macy's, Inc. in 2007. Macy's, Inc., has been headquartered within Macy's Herald Square in New York City since 2020; beforehand, its headquarters was in Cincinnati, Ohio. While Federated had a long history of preserving brand identities in each of their markets since its incep ...
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Sandy Springs, Georgia
Sandy Springs is a city in northern Fulton County, Georgia and an inner ring suburb of Atlanta. The city's population was 108,080 at the 2020 census, making it Georgia's seventh-largest city. It is the site of several corporate headquarters, including UPS, Newell Brands, Inspire Brands, Focus Brands, Cox Enterprises, and Mercedes-Benz USA's corporate offices. History Human settlement in the area can be traced back to approximately 400 CE, when Native Americans forged three trails to better access the area's freshwater springs. In the 16th century, the Creek Muskogee tribe settled the area, where they remained until the early 1800s, when they were forced out of the area due to the discovery of gold. In 1821, the federal government held a number of land lotteries in the area, resulting in the purchase of land in present-day Sandy Springs and its subsequent settlement. The Austin-Johnson House, the oldest existing unaltered house, was built in 1842 on what is now Johnson Fe ...
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Rich's (department Store)
Rich's was a department store retail chain, headquartered in Atlanta, Georgia, which operated in the southern U.S. from 1867 until March 6, 2005 when the nameplate was eliminated and replaced by Macy's. Many of the former Rich's stores today form the core of Macy's Central, an Atlanta-based division of Macy's, Inc., which formerly operated as Federated Department Stores, Inc. History Beginnings The retailer began in Atlanta as M. Rich & Co., a dry goods store, on 28 May 1867, at 36 Whitehall Street. The sole proprietor was Mauritius Reich (Anglicized to Morris Rich), a Hungarian Jewish immigrant. It was renamed M. Rich & Bro. in 1877, when Morris and brother Emanuel formed a partnership. In 1884 when the third brother Daniel was admitted into the partnership, the name became M. Rich & Bros. With business success came a need for expansion, and the store was moved to ever larger locations: in July 1875 to 35 Whitehall; in September 1875 to 43 Whitehall; in October 18 ...
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Discount Department 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 Logistics, 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 Corporation, 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 (United States), 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. Categor ...
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Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ...
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Southeast U
The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each separated by 90 degrees, and secondarily divided by four ordinal (intercardinal) directions—northeast, southeast, southwest, and northwest—each located halfway between two cardinal directions. Some disciplines such as meteorology and navigation further divide the compass with additional azimuths. Within European tradition, a fully defined compass has 32 'points' (and any finer subdivisions are described in fractions of points). Compass points are valuable in that they allow a user to refer to a specific azimuth in a colloquial fashion, without having to compute or remember degrees. Designations The names of the compass point directions follow these rules: 8-wind compass rose * The four cardinal directions are north (N), east (E), s ...
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Merchandise
Merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products. In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time. Often in a retail setting, creatively tying in related products or accessories is a great way to entice consumers to purchase more. Merchandising helps to understand the ordinary dating notation for the terms of payment of an invoice. Codified discounting solves pricing problems including markups and markdowns. It helps to find the net price of an item after single ...
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Luxury Good
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ...
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Converted Richway
Conversion or convert may refer to: Arts, entertainment, and media * "Conversion" (''Doctor Who'' audio), an episode of the audio drama ''Cyberman'' * "Conversion" (''Stargate Atlantis''), an episode of the television series * "The Conversion" (''The Outer Limits''), a 1995 episode of the television series Business and marketing * Conversion funnel, the path a consumer takes through the web toward or near a desired action or conversion * Conversion marketing, when a website's visitors take a desired action * Converting timber to commercial lumber Computing, science, and technology * Conversion of units, conversion between different units of measurement Computing and telecommunication * CHS conversion of data storage, mapping cylinder/head/sector tuples to linear base address * CPS conversion, in computer science, changing the form of continuation-passing * Code conversion, in telecommunication, converting from one code to another * convert (command), a command-line utility in ...
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Charlotte, North Carolina
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populous city in the U.S., the seventh most populous city in the South, and the second most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked 22nd in the U.S. Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550. Between 2004 and 2014, Charlotte was ranked as the country's fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referr ...
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Georgia (U
Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the country in the Caucasus ** Kingdom of Georgia, a medieval kingdom ** Georgia within the Russian Empire ** Democratic Republic of Georgia, established following the Russian Revolution ** Georgian Soviet Socialist Republic, a constituent of the Soviet Union * Related to the US state ** Province of Georgia, one of the thirteen American colonies established by Great Britain in what became the United States ** Georgia in the American Civil War, the State of Georgia within the Confederate States of America. Other places * 359 Georgia, an asteroid * New Georgia, Solomon Islands * South Georgia and the South Sandwich Islands Canada * Georgia Street, in Vancouver, British Columbia, Canada * Strait of Georgia, British Columbia, Canada United K ...
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North Carolina
North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and South Carolina to the south, and Tennessee to the west. In the 2020 census, the state had a population of 10,439,388. Raleigh is the state's capital and Charlotte is its largest city. The Charlotte metropolitan area, with a population of 2,595,027 in 2020, is the most-populous metropolitan area in North Carolina, the 21st-most populous in the United States, and the largest banking center in the nation after New York City. The Raleigh-Durham-Cary combined statistical area is the second-largest metropolitan area in the state and 32nd-most populous in the United States, with a population of 2,043,867 in 2020, and is home to the largest research park in the United States, Research Triangle Park. The earliest evidence of human occupation i ...
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