Twin Fair, Inc.
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Twin Fair, Inc.
Twin Fair, Inc. was a discount department store chain based in Buffalo, New York. It was incorporated on March 22, 1956, and the first store opened on Walden Avenue. By 1959, four stores were in operation and sales stood at $2.5 million (~$ in ). In 1962, the founders sold the company to Unexcelled Chemicals, Corp., and also expanded the chain to include groceries. The company continued to expand opening an eighth store in 1967 on Seneca Street, along with stores in Connecticut and Cincinnati, Ohio. By 1970, through expansion and acquisition, the chain grew to 37 stores located primarily in New York and Ohio. The Ohio stores were later sold to Meijer, which briefly converted them to a concept called Meijer Square. In 1978, they added Hens & Kelly to their portfolio. By the time of their 1982 acquisition by Federated Department Stores and subsequent merger into Gold Circle Gold Circle was a discount department store chain based in Ohio. Founded in 1967, it was a division of Fed ...
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Gold Circle
Gold Circle was a discount department store chain based in Ohio. Founded in 1967, it was a division of Federated Department Stores with 76 stores when the chain was sold and dismantled in 1988. History Covering mostly New York, Ohio, Kentucky and Western Pennsylvania, the chain was founded in 1967 in Columbus, Ohio, with its corporate headquarters and distribution center located in Worthington, Ohio, a northern Columbus suburb. In 1984, Gold Circle was notable as the first major discounter to implement chain-wide UPC barcode scanning in an effort to reduce checkout time for shoppers and improve inventory accuracy and speed store merchandise replenishment. Merger with Richway In 1986, Federated merged its Gold Circle division with its Richway Department Stores, another Federated discount division. While the chains each continued to operate under their original names (though several Richways were converted to Gold Circles), buying and other administrative functions for both were ...
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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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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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Cincinnati, Ohio
Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky. The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio's largest metropolitan area and the nation's 30th-largest, and with a city population of 309,317, Cincinnati is the third-largest city in Ohio and 64th in the United States. Throughout much of the 19th century, it was among the top 10 U.S. cities by population, surpassed only by New Orleans and the older, established settlements of the United States eastern seaboard, as well as being the sixth-most populous city from 1840 until 1860. As a rivertown crossroads at the junction of the North, South, East, and West, Cincinnati developed with fewer immigrants and less influence from Europe than Ea ...
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Meijer
Meijer Inc. (, ; stylized as meijer) is an American supercenter chain that primarily operates throughout the Midwest. Its corporate headquarters are in Walker, Michigan, which is a part of the Grand Rapids metropolitan area. Founded in 1934 as a supermarket chain, Meijer is credited with pioneering the modern supercenter concept in 1962. About half of the company's 253 stores are located in Michigan and the others are in Illinois, Indiana, Kentucky, Ohio, and Wisconsin. The chain is ranked No. 13 on ''Forbes'' magazine's 2021 list of "America's Largest Private Companies". Based on 2020 revenue, Meijer is the 21st-largest retailer in the United States. History Meijer was founded as Meijer's in Greenville, Michigan, in 1934 by Hendrik Meijer, a Dutch immigrant. Meijer was a local barber who entered the grocery business during the Great Depression. His first employees included his 14-year-old son, Frederik Meijer, who later became chairman of the company. The current co-chairmen ...
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Hens & Kelly
Hens and Kelly, established in 1892 by Mathias J. Hens and Patrick J. Kelly, was a chain of department stores based in Buffalo, New York. They were early adopters of S&H Green Stamps as a promotional incentive for repeat customers. The downtown store was located at 478 Main Street at the corner of Mohawk Street. The first branch location opened in December 1950, in South Buffalo at 2262 Seneca Street. It closed in 1959. Other stores followed in the L.B. Smith Plaza in Lackawanna, New York; 2863 Bailey Avenue, in Buffalo; and the Transitown Plaza, in Clarence, New York. Hens and Kelly opened a $4 million (~$ in ) store at South Shore Plaza in Hamburg, New York in 1960, signaling a major expansion of the department store to the growing Buffalo suburbs. The following year a new store opened at Northtown Plaza in Amherst, New York. By the mid-1970s stores also operated at the Como Mall in Cheektowaga, New York, Village Shopping Center in East Aurora, New York, and Summit Park Mal ...
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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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Hills Department Stores
Hills was a discount department store chain based in Canton, Massachusetts. It was founded in 1957 in Youngstown, Ohio and existed until 1999 when it was acquired by Ames. Most stores were located in Ohio, Indiana, New York, Pennsylvania and West Virginia, though the company did make a push into other markets. It pushed further south and had several stores in Virginia, Tennessee, Kentucky, and Alabama and west into Michigan. History Beginning In the late 1950s, Hills stores were full-fledged department stores (as opposed to the discount department stores for which the chain later became known). Herbert H. Goldberger, the founder of Hills, sold the chain to SCOA Industries, (Shoe Company of America), of Columbus, Ohio, in 1964. He remained as president of Hills until 1981, when his son succeeded him. Goldberger was the vice president and director of SCOA when, in 1985, he led a management buyout of Hills. Hills went public in 1987, becoming the nation's eighth-largest discou ...
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Retail Companies Established In 1956
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 o ...
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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 ...
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1956 Establishments In New York (state)
Events January * January 1 – The Anglo-Egyptian Condominium ends in Sudan. * January 8 – Operation Auca: Five U.S. evangelical Christian missionaries, Nate Saint, Roger Youderian, Ed McCully, Jim Elliot and Pete Fleming, are killed for trespassing by the Huaorani people of Ecuador, shortly after making contact with them. * January 16 – Egyptian leader Gamal Abdel Nasser vows to reconquer Palestine. * January 25– 26 – Finnish troops reoccupy Porkkala, after Soviet troops vacate its military base. Civilians can return February 4. * January 26 – The 1956 Winter Olympics open in Cortina d'Ampezzo, Italy. February * February 11 – British spies Guy Burgess and Donald Maclean resurface in the Soviet Union, after being missing for 5 years. * February 14– 25 – The 20th Congress of the Communist Party of the Soviet Union is held in Moscow. * February 16 – The 1956 World Figure Skating Championships open in Garmisch, West Germany. * February 22 – Elvis ...
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Retail Companies Disestablished In 1982
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 of ...
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