Goldsmith's-Macy's Transition Logo
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Goldsmith's-Macy's Transition Logo
Goldsmith's was a department store founded in Memphis, Tennessee, in 1870 by German immigrant brothers Jacob and Isaac Goldsmith. It grew into a chain largely located in the Memphis metropolitan area, until 2005, when the nameplate was eliminated and replaced by Macy's. Goldsmith's stores were subsequently folded into Federated's Macy's Central division, reorganized into Macy's South, and today into a differently configured Macy's Central, the current division encompassing the stores. In 1870, with a $500 (~$ in ) investment, the Goldsmith brothers opened a dry goods store at 163 Beale Street. The store relocated in 1895 to a larger facility at 125 Main, which it occupied through most of the 20th century. In 1952 Goldsmith's renovated its downtown location, expanding into the adjoining former Gayoso Hotel and adding a new facade. The downtown store was closed in 1993. The department store began to build suburban locations in the 1960s, beginning with its 3-story Oak Court store ...
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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 under one roof, 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 () and in New York City ( 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 d ...
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Rich's (department Store)
Rich's was an American department store chain founded in 1867 by Mauritius Reich. It operated in the southern United States, and was headquartered in Atlanta, Georgia (U.S. state), Georgia, until it was dissolved in favor of the Macy's brand in 2005. 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 1875 to 65 Whitehall, at the corner of Hunter (now M.L. King Blvd.); and in September 1882 to 54-56 Whitehall. By 1877, Rich's was co ...
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Companies That Filed For Chapter 11 Bankruptcy In 1990
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation pu ...
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Retail Companies Established In 1870
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long 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 store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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History Of Memphis, Tennessee
The history of Memphis, Tennessee and its area began many thousands of years ago with succeeding cultures of indigenous peoples. In the first millennium, it was settled by the Mississippian culture. The Chickasaw Indian tribe emerged about the 17th century, or migrated into the area. The earliest European exploration may have encountered remnants of the Mississippian culture by Spanish explorer Hernando de Soto. Later French explorers led by René-Robert Cavelier, Sieur de La Salle likely encountered the Chickasaw. The city of Memphis was not founded until 1819. The city was named after the ancient capital of Egypt on the Nile River in North Africa. It rapidly developed as a major trading center for cotton cultivated at the region's large plantations and dependent on the work of enslaved African Americans. In the 19th century, and especially 1878 and 1879, the city suffered severe yellow fever epidemics. In 1878 tens of thousands of residents fled and more than 5,000 died, wit ...
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Defunct Department Stores Based In Tennessee
Defunct 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 process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...
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List Of Defunct Department Stores Of The United States
This is a list of defunct department stores of the United States, from small-town one-unit stores to mega-chains, which have disappeared over the past 100 years. Many closed, while others were sold or merged with other department stores. Department stores Discount stores These stores closed due to changes in shopping places and patterns, and/or large debt from mergers and acquisitions. National and regional * 99¢ Only Stores * Acorn Stores (Minneapolis, Minnesota) * Ames Department Stores Inc. (based in Rocky Hill, Connecticut) * Arlan's Department Store (Mid-Atlantic and Midwest) * Ayr-Way (Midwest/Great Lakes States–Based out of Indianapolis) Was discount chain of L.S. Ayres & Co. that eventually became Target Stores. * L.S. Ayres (Indianapolis-Midwest/ Great Lakes states) Was eventually sold to May Department Stores and finally became Macy's. * Bargain Hunt ( La Vergne, Tennessee) On January 31, 2025, Bargain Hunt's parent company, Essex Technology Group, warn ...
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List Of Department Stores Converted To Macy's
This is a list of department stores converted to Macy's and sister brand Bloomingdale's by way of mergers and acquisitions. Macy's became a national brand through these conversions, and replaced many regional department stores with local heritage throughout the United States. The 2005 acquisition of The May Department Stores Company by Macy's parent Federated Department Stores (present-day Macy's, Inc.) was the largest of these transactions, and resulted in 11 regional brands becoming defunct in 2006. The table below includes department stores that were directly converted to Macy's and brands subjected to previous conversions that were ultimately converted to Macy's. See also * List of defunct department stores of the United States * List of department stores of the United States References {{Macy's history Macy's Macy's Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenu ...
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2008 Super Tuesday Tornado Outbreak
The 2008 Super Tuesday tornado outbreak was a deadly tornado outbreak which affected the Southern United States and the lower Ohio Valley on February 5 and 6, 2008. The event began on Super Tuesday, 2008, Super Tuesday, while 24 states in the United States were holding primary elections and caucuses to select the presidential candidates for the upcoming 2008 United States presidential election, presidential election. Missouri, Illinois, Arkansas, Alabama, and Tennessee were among the affected regions in which primaries were being held. Some voting locations were forced to close early due to the approaching severe weather. The outbreak generated 87 tornadoes over 15 hours from the afternoon of February 5 until the early morning of February 6. The storm system produced several destructive tornadoes in heavily populated areas, most notably in the Memphis metropolitan area, in Jackson, Tennessee, and the northeastern end of the Nashville metropolitan area. A total of 57 pe ...
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Goldsmith's-Macy's Transition Logo
Goldsmith's was a department store founded in Memphis, Tennessee, in 1870 by German immigrant brothers Jacob and Isaac Goldsmith. It grew into a chain largely located in the Memphis metropolitan area, until 2005, when the nameplate was eliminated and replaced by Macy's. Goldsmith's stores were subsequently folded into Federated's Macy's Central division, reorganized into Macy's South, and today into a differently configured Macy's Central, the current division encompassing the stores. In 1870, with a $500 (~$ in ) investment, the Goldsmith brothers opened a dry goods store at 163 Beale Street. The store relocated in 1895 to a larger facility at 125 Main, which it occupied through most of the 20th century. In 1952 Goldsmith's renovated its downtown location, expanding into the adjoining former Gayoso Hotel and adding a new facade. The downtown store was closed in 1993. The department store began to build suburban locations in the 1960s, beginning with its 3-story Oak Court store ...
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