Alaska Commercial Company
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Alaska Commercial Company
The Alaska Commercial Company (ACC) is a company that operated retail stores in Alaska during the early period of Alaska's ownership by the United States. From 1901 to 1992, it was known as the Northern Commercial Company (NCC). In 1992, it resumed business as the Alaska Commercial Company under the ownership of The North West Company. History After the 1867 purchase of Alaska by the United States, the firm of Hutchison, Kohl & Company, including Hayward Hutchison, William Kohl, and Louis Sloss, bought the Russian-American Company. In 1868, Sloss, Lewis Gerstle, and August Wassermann bought this company, although Hutchison, Kohl & Company was in simultaneous existence and under the same ownership until 1872, when the new company paid off the purchase. This new company, formed in 1868, was called the Alaska Commercial Company, and did business under this name until 1901. In that year, because of increasing competition in the sealskin trade, the Alaska Commercial Company merged wit ...
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Alaska Commercial Company 1898 Cover
Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Central Alaskan Yup'ik language, Yup'ik: ''Alaskaq''; tli, Anáaski) is a U.S. state, state located in the Western United States on the northwest extremity of North America. A enclave and exclave, semi-exclave of the U.S., it borders the Provinces and territories of Canada, Canadian province of British Columbia and the Yukon territory to the east; it also shares a Maritime boundary, maritime border with the Russian Federation's Chukotka Autonomous Okrug to the west, just across the Bering Strait. To the north are the Chukchi Sea, Chukchi and Beaufort Sea, Beaufort Seas of the Arctic Ocean, while the Pacific Ocean lies to the south and southwest. Alaska is by far the list of U.S. states and territories by area, largest U.S. state by area, comprising more total area than the next three largest states (Texas, California, and Montana) combined. It represents the list of country subdivisions by are ...
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Department Stores
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 (Alexander Turney Stewart, 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 trad ...
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Companies Based In Alaska
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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