Zody's

From Wikipedia, the free encyclopedia
Zodys
Former type Department store
Industry Retail
Fate Bankruptcy; sold to Ralphs
Founded 1960, Los Angeles, California
Defunct 1986
Headquarters Arizona, California, Michigan, Nevada, New Mexico
Key people Samuel S. Wurtzel, Alan Wurtzel (founders)
Products Clothing, foodwear, bedding, furniture, jewelry, beauty products, electronics and housewares.

Zodys was a chain of discount retail stores that operated in the United States from 1960 to 1986. The chain operated locations in California, Arizona, Nevada, New Mexico, and Michigan.

The first store in this Southern California–based discount chain opened June 13, 1960, in Garden Grove, California. By 1969, there were nineteen stores. In 1972, the Hartfield-Zodys parent company acquired the Yankee Stores chain of Flint, Michigan, briefly re-branding the stores as Yankee-Zodys, and later as Zodys.[1] The Michigan stores proved unprofitable, and were sold off in 1974 when Hartfield-Zodys filed for Chapter 11 bankruptcy protection.[1] A brief period of prosperity brought expansions into Arizona, Nevada and New Mexico. In 1979, there were thirty-seven stores.

Bankrupt again by the early 1980s, the parent company, now known as HRT Industries, began closing stores in 1984. The remaining Zodys stores in California were shuttered in March 1986,[2][3] with many locations being sold to Federated Stores, the parent company of Ralphs, a supermarket chain.[4][5][6]

References

  1. ↑ 1.0 1.1 Flinn, Gary (2004-02-20). "Hamady Sacks and Yankee Hats". Flinn's Journal. Retrieved 2007-10-03. 
  2. ↑ "HRT Denies It Has Decided to Shut Zodys: Says Some Retailers Have Shown Interest in Buying Ailing Unit". Los Angeles Times, February 05, 1986.
  3. ↑ "HRT Appears Likely to Shut Zodys Stores". Los Angeles Times, February 10, 1986.
  4. ↑ "14 Zodys Stores Will Become Ralphs Markets". Los Angeles Times, February 26, 1986.
  5. ↑ "HomeClub Acquires Four Former Zody's Locations". Los Angeles Times, March 14, 1986.
  6. ↑ "Zody's Stores Converted for Ralphs Giants". Los Angeles Times, December 21, 1986.

External links

This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.