Danners, Inc
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Danners, Inc was an Indianapolis, Indiana based company that operated various retail and restaurant outlets. Its largest division, and oldest, was the Danners 5 & 10 chain of five and dime stores, which it closed in 1985.[1]
In 1987, Indian L.P. offered to purchase all outstanding shares of Danners, Inc. [2] that it didn't already own. It was then merged into the Maxway Corp., which filed Chapter 11 bankruptcy in 1988.[3] When Maxway emerged from bankruptcy in 1989, the Danners, Inc division was listed as defunct.[4] Maxway operated the Macks Stores chain of stores.
[edit] Divisions
- Danners 5 & 10
- 3D Discount - similar to K-mart
- Cambridge Inn Cafeterias - 12 locations
- Danner Bros. Restaurant
[edit] References
- ^ Danners turns to low price strategy in turnaround bid - Danners Inc | Discount Store News | Find Articles at BNET.com
- ^ Danners gets $3.50 offer form Indian for rest of stock. (Danners Inc., Indian L.P.) | Daily News Record | Find Articles at BNET.com
- ^ Chapter 11 petitions filed by Maxway and Danners. (discount stores) | Daily News Record | Find Articles at BNET.com
- ^ articles.findarticles.com/p/articles/mi_hb4298/is_198907/ai_n15001342
