| Former type | Discount Department Store |
|---|---|
| Industry | Retail |
| Fate | Bankruptcy |
| Founded | 1962 |
| Defunct | 1997 |
| Headquarters | Salem, Massachusetts |
| Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares. |
| Website | None |
Rich's, a former family-owned business established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts, USA. The Rich family once operated 29 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.
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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, Lorne Swindell, managed in Nashua for over 20 years, after a short stint with JM Fields.
The chain went bankrupt on March 14, 1996.[1] Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs by late February 1997.