Steinberg's Inc. ( ) was a
chain
A chain is a wikt:series#Noun, serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression (physics), compression but line (g ...
of stores in the
Eastern United States
The Eastern United States, commonly referred to as the American East, Eastern America, or simply the East, is the region of the United States to the east of the Mississippi River. In some cases the term may refer to a smaller area or the East C ...
that specialized in
consumer electronics
Consumer electronics or home electronics are Electronics, electronic (Analogue electronics, analog or digital electronics, digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for ...
and
home appliance
A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation.
Appliances are divided into three t ...
s. The
Reading, Ohio–based
company was founded by Ely Steinberg in 1921,
and the Steinberg family continued to own the chain until its
bankruptcy and
liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistr ...
in 1997.
History
Ely Steinberg opened his first store in 1921. The first two stores were located in
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 lin ...
, and focused on musical instruments and electronic audio equipment, such as
The Victrola, an early record player, and
crystal radio receivers. Notable customers included
Powel Crosley Jr., whose
WLW-AM
WLW (700 AM) is a commercial news/talk radio station licensed to Cincinnati, Ohio. Owned by iHeartMedia, WLW is a clear-channel station, often identifying itself as The Big One.
WLW operates with around the clock. Its daytime signal prov ...
later became Cincinnati's premiere radio station.
Steinberg closed the two stores during the
Great Depression and reopened one of them in 1937.
Growth
The chain began to sell a greater variety of products, including
stove
A stove or range is a device that burns fuel or uses electricity to generate heat inside or on top of the apparatus, to be used for general warming or cooking. It has evolved highly over time, with cast-iron and induction versions being develope ...
s,
refrigerators,
dishwasher
A dishwasher is a machine that is used to clean dishware, cookware, and cutlery automatically. Unlike manual dishwashing, which relies heavily on physical scrubbing to remove soiling, the mechanical dishwasher cleans by spraying hot water, ...
s, and eventually
television set
A television set or television receiver, more commonly called the television, TV, TV set, telly, tele, or tube, is a device that combines a tuner, display, and loudspeakers, for the purpose of viewing and hearing television broadcasts, or using ...
s and
desktop computer
A desktop computer (often abbreviated desktop) is a personal computer designed for regular use at a single location on or near a desk due to its size and power requirements. The most common configuration has a case that houses the power supply ...
s. By the 1990s, Steinberg's had grown to 22 stores in
Ohio
Ohio () is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Of the List of states and territories of the United States, fifty U.S. states, it is the List of U.S. states and territories by area, 34th-l ...
,
Indiana
Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th ...
,
Kentucky
Kentucky ( , ), officially the Commonwealth of Kentucky, is a state in the Southeastern region of the United States and one of the states of the Upper South. It borders Illinois, Indiana, and Ohio to the north; West Virginia and Virgini ...
, and
Tennessee
Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to ...
.
Facing competition from larger retailers, such as
Sun Television and Appliances
Sun Television and Appliances was a speciality retailer of consumer electronics, home appliances, and office equipment founded in 1949 by brothers Macy and Herbie Block. The company had stores in cities throughout the midwest, and also operated s ...
and Roberd's Grand,
Steinberg's abruptly closed its doors on September 22, 1997, in a manner reminiscent of another Cincinnati-based department store,
Swallen's. Steinberg's quickly reopened its stores and filed for
Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...
bankruptcy the next day in the ''United States Bankruptcy Court'' for the Southern District of Ohio.
References
External links
Electronic Accessories WebsiteElectronic Components Website
{{DEFAULTSORT:Steinberg's (Electronics Store)
1921 establishments in Ohio
1997 disestablishments in Ohio
Defunct companies based in Ohio
American companies established in 1921
Retail companies established in 1921
Retail companies disestablished in 1997
Defunct retail companies of the United States
Companies that filed for Chapter 11 bankruptcy in 1997
Defunct consumer electronics retailers in the United States