Rich's Department Stores

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Rich's Department Stores

Type of Company	Discount Department Store
Founded	1962 Salem, Massachusetts
Headquarters	Salem, Massachusetts
Industry	Retail
Products	Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares.
Website	None

For the department store chain of Atlanta see Rich's.

Rich's, a family owned business established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts. The Rich family once operated about 40 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.

[edit] History

Rich's, founded by Jerry Rich, had employees who often stayed for long periods of time. Beverly Raymond was a Supervisor of Cashiers for almost 30 years in the Nashua store. Her manager, Loren Swindell, managed in Nashua for over 20 years, after a short stint with JM Fields.

Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs in late February 1997 after the chain went bankrupt, which happened March 14, 1996.