Allied Stores
Allied Stores was a department store chain in the United States. It was founded in the 1930s as part of a general consolidation in the retail sector by B. E. Puckett. See also Associated Dry Goods. It was the successor to Hahn's Department Stores, a holding company founded in 1928. In 1935 Hahn's was reorganized into Allied Stores.
In 1981, Allied Stores acquired the 24-year-old retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. for $228 million. With that transaction they acquired 178 department stores and 48 specialty shops in 28 states.[1] In 1986 the chain was acquired by Canadian entrepreneur Robert Campeau. In 1988 it merged with Federated Department Stores (now known as Macy's, Inc.), and the chains were consolidated in 1990 under the Federated name after Chapter 11 bankruptcy.
Stores
Department stores divisions at time of Campeau buyout
- Jordan Marsh founded in 1841, acquired by Hahn's in 1928, retained by Campeau. Merged with Federated's Abraham & Straus in 1992 becoming A&S/Jordan Marsh. Merged into Macy's in 1994 and renamed Macy's in 1996.[2]
- Jordan Marsh Florida (offshoot of the New England chain) founded in 1956, consolidated with Maas Brothers in 1987.
- William H. Block, Indianapolis, acquired by Allied 1962, sold to Federated in 1987 prior to merger.
- The Bon Marché of Seattle, Washington, founded 1890, acquired by Hahn's in 1927, retained by Campeau. Renamed Bon-Macy's in 2003 and changed to Macy's in 2005 [3]
- Cain Sloan, Nashville, Tennessee, acquired by Dillard's 1987.
- Dey Brothers, Syracuse, New York, sold to Wilfree Property 1987.[4]
- Donaldson's of Minneapolis, Minnesota, was founded in 1883 and acquired by Allied Stores Corp. in 1928. (later acquired Powers Dry Goods), sold to Carson Pirie Scott in 1987.
- Herpolsheimer's, Grand Rapids, Michigan, sold to Federated in 1987 prior to merger.
- Heer's, Springfield, Missouri.
- Joske's of San Antonio, Texas taken over 1932, after 1987 acquired by Dillard's after Allied merged with Federated. [5]
- Maas Brothers, Tampa, Florida, founded in 1886, acquired by Hahn's in 1929, retained by Campeau. Consolidated with Jordan Marsh Florida in 1987. Renamed Maas Brothers/Jordan Marsh in 1989. Merged into Burdines in 1991.
- Miller & Rhoads, Richmond, Virginia.
- Miller's, Johnson City, Kingsport, Chattanooga, & Knoxville, Tennessee; Bristol, Virginia - sold to Hess's 1987.
- Pomeroy's, Reading, Harrisburg, Wilkes-Barre and Levittown, Pennsylvania, Willingboro, NJ, sold to The Bon-Ton in 1987.
- Read's Department Stores, Bridgeport, Connecticut, merged into Jordan Marsh 1987.
- Stern's (Stern Brothers) of New Jersey was acquired by Allied in 1951. Division closed and most stores converted to Macy's or Bloomingdales 2001.
Specialty stores divisions at time of Campeau buyout
- Ann Taylor, New York, initially retained by Campeau, sold off in 1989.
- Bonwit Teller, New York, acquired 1979, sold to Hooker Corporation in 1987.
- Brooks Brothers, New York, initially retained by Campeau, sold in 1988 to Marks & Spencer of London, acquired by Retail Brand Alliance in 2001.
- Catherine's, Memphis, Tennessee & Los Angeles, California.
- Jerry Leonard.
- Garfinckels, Washington, D.C., sold to Raleigh's 1987.
- Plymouth, New York, sold to Tribeca Holdings 1987. Eventually by the mid-1990s the chain was closed.
Other Stores
- Barnes - Woodin, Yakima, Washington, Merged with Draper's in 1953, eventually became the Bon Marché.
- James Black Company (also known as Black's), Waterloo, Iowa, Three locations, downtown Waterloo, Crossroads Mall and College Hills Mall in Cedar Falls, Iowa. Transferred to Donaldson's in 1978 and name change. Downtown store closed July 3, 1981 as Donaldson's. Two mall locations operated as Donaldson's then Carson Pirie Scott until 1989.
- Gertz, Jamaica, New York, merged into Stern's
- Golden Rule, Saint Paul, Minnesota, acquired by Hahn's in 1928, became Donladson's Golden Rule, eventually fully merged into Donaldson's.
- C.C. Anderson's, Boise, Idaho, acquired by Allied in 1937, eventually part of Bon Marché.
- A.M. Jensen's, Walla Walla, Washington, acquired by Allied in 1946, became the Bon Marché in 1951.
- Laubach's, Easton, Pennsylvania, acquired 1947 and merged into Pomeroy's. Closed 1970s.
- Levy's, Savannah, Georgia, merged into Maas Brothers, February 1986.
- Runbaugh-McLain of Everett, Washington in 1944, acquired and merged into The Bon Marché.
- Titche-Goettinger of Dallas, Texas, later name changed to Joske's, Dallas.
- Wren's, Springfield, Ohio, merged into Block's.
- Quackenbush, Paterson, New Jersey (merged with Stern's in late 1960s).
- Troutman's, seven locations in Western Pennsylvania: Washington Crown Center (now The Bon-Ton), Butler, Latrobe, New Castle, Connellsville, Downtown Greensburg (flagship), Westmoreland Mall (now The Bon-Ton). Merged with Pomeroy's in late 1980s.
- Mabley & Carew, Cincinnati, Ohio. Stores sold to Elder-Beerman; now closed.
- Polsky's, Akron, Ohio; acquired by Allied in 1929, eventually expanded to 4 stores in Northern Ohio. This chain was shut down in December, 1978, as Allied wanted to concentrate investment in their Southwest region stores.
- Harzfeld's, Kansas City, Missouri, acquired 1981, closed 1984.
- Sterling-Lindner Co., Cleveland, Ohio; acquired Lindner & Davis Co. in 1947; merged with Sterling & Welch in 1950; closed in 1968.
- The Palace, Spokane, Washington; purchased from Kemp & Hebert stores in 1951, divested soon after.
- The Paris of Montana, Great Falls, Montana, acquired 1937, when owned by C.C. Anderson's, merged into The Bon Marché, The Bon closed the former location in 1999.
References
- ^ Knight, Jerry (September 2, 1981). "Garfinckel Sale To N.Y. Firm Set At $228 Million". The Washington Post: p. A1. http://pqasb.pqarchiver.com/washingtonpost_historical/access/142799252.html?FMT=ABS&FMTS=ABS:AI&type=historic&date=Sep+2%2C+1981&author=By+Jerry+Knight+Washington+Post+Staff+Writer&pub=The+Washington+Post++%281974-Current+file%29&edition=&startpage=A1&desc=Garfinckel+Sale+To+N.Y.+Firm+Set+At+%24228+Million. Retrieved July 9, 2011.
- ^ "Jordan Marsh". Vintage Fashion Guild. http://vintagefashionguild.org/label-resource/jordan-marsh/. Retrieved July 9, 2011.
- ^ "The Bon Marche". PDX History. December 12, 2010. http://www.pdxhistory.com/html/the_bon_marche.html. Retrieved July 9, 2011.
- ^ "Financo, Inc. - Complete Transaction List". Financo.com. http://www.financo.com/experience/complete/. Retrieved July 9, 2011.
- ^ Arhos, Damon. "Joske's". The Handbook of Texas Online. Texas State Historical Association (TSHA). http://www.tshaonline.org/handbook/online/articles/dhjqn. Retrieved July 9, 2011.