Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles-based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc. acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. At the time of the merger, TCH Corporation was renamed Thrifty PayLess Holdings, Inc. and Thrifty operated 495 stores, PayLess operated 543 stores. In 1996, Rite Aid acquired 1,000 West Coast stores from Thrifty PayLess Holdings, creating a chain with over 3,500 drug stores. In 1932, L. J. Skaggs opened Payless Drug Stores in Tacoma, which soon expanded across the western United States; some stores were sold to his brother Samuel "L. S." Olnie Skaggs along with some colleagues. L. J. Skaggs retained California PayLess Stores, which became part of Thrifty PayLess; the remaining PayLess stores were renamed Skaggs Drug Stores in 1948, Skaggs Drug Centers in 1965.
Peyton Hawes and William Armitage acquired a controlling interest in five drug stores in three communities in Oregon and Washington, which were named PayLess, grew their chain through both acquisition and internal expansion. By 1984, PayLess Drug Stores was the largest independently owned and operated drug store chain in the United States, it became a wholly owned unit of Kmart in 1985, as part of the Kmart expansion program created by CEO Joseph Antonini. In 1986, there were 225 PayLess stores. By 1990, PayLess operated in nine western states. Today, a new Payless Drugs, operates as a long-term healthcare pharmacy but does not operate retail stores. 1973 – Acquired Seattle-based House of Values and Portland-owned Gov-Mart Bazaar to form PayLess House of Values. 1976 – PayLess bought 22 Value Giant stores, the majority of which were located in Northern California. 1980 – PayLess acquired PayLess Drug Stores of Oakland, founded by Levi Justin Skaggs. 1987 – PayLess purchased 25 Osco Drug stores in California, Idaho and Washington.
1990 – Acquired Pay Less of Tacoma, Washington. 1992 – PayLess purchases 124 Pay'n Save stores in Washington, Alaska and Idaho from Pacific Enterprises In 1919, brothers Harry and Robert Borun, along with brother-in-law Norman Levin, founded Borun Brothers, a Los Angeles drug wholesaler. By 1929, the brothers opened their own Los Angeles retail outlets under the name Thrifty Cut Rate; the first store was located at 412 S. Broadway in downtown Los Angeles, just across the street from the original Broadway Department Store. After opening five additional downtown area stores, Thrifty opened their seventh store in the recently completed Pellissier Building in the Mid-Wilshire district, on Wilshire Boulevard and Western Avenue, in 1931; this was their first store outside of downtown, it was followed by several new stores within a few miles of downtown. By 1942, Thrifty Drug Stores operated 58 stores. By the time their 100th store opened in Studio City in 1950, Thrifty ranged as far north as Santa Rosa, as far south as San Diego.
Thrifty soon expanded outside California, opening a Las Vegas location in 1952. In 1959, the chain expanded into the Pacific Northwest with a store in Oregon. Store grand opening events were always a large spectacle, with politicians as well as movie and television celebrities involved in the ceremonies. Actor Errol Flynn participated in the 1941 opening of the South Pasadena store. A neon Thrifty Drug Store sign is visible in the background of a scene from the 1954 Judy Garland version of A Star Is Born. During the 1950s, a Thrifty commercial jingle played on numerous radio stations in Southern California: Until the early 1980s, every Thrifty store featured a tube tester located near the cosmetics display case. Vacuum tubes were still used in a wide variety of consumer electronics such as TVs and radios, the local Thrifty store was a convenient place to test them and purchase replacements. Thrifty published a brochure helping customers diagnose which tubes might be responsible for various TV malfunctions.
The brochure provided numbered stickers to aid consumers in reinstalling working tubes in their correct sockets. In the early 1970s, Thrifty's parent began to diversify outside the drug store industry through the acquisition of Big 5 Sporting Goods, a sporting goods chain, in 1972. Thrifty expanded into general merchandising by the gradual acquisition of The Akron chain, 40% in 1976, increasing to 90% the following year, to 100%. Thrifty's parent, Thrifty Drug Stores Co. Inc. became Thrifty Corp. in 1977 to better reflect the parent company's expansion into non-pharmacy businesses through the purchase of companies such as Big 5 Sporting Goods and The Akron. During the 1980s, Thrifty further diversified by entering into several joint ventures with Herbert Haft and his East Coast-based Dart Drug that would introduce Crown Books and Trak Auto to the West Coast. Thrifty acquired 50% ownership of Crown and had opened several bookstores in the Los Angeles area in 1981. In 1983, Thrifty acquired 50% ownership in Trak and opened several of the auto parts stores in the Los Angeles area,In Washington State, Thrifty went by the name of Giant T since the Thrifty name was in use by another chain of drug stores.
The name was changed to Thrifty in 1984. Thrifty Corp. itself was acquired by Pacific Lighting, the parent of Southern California Gas, in 1986. In 1988, Thrifty acquired Pay'n Bi-Mart. Following the acquisition, all Thrifty stores in Washington state were renamed to Save. Thrifty withdrew from the state; the Thrifty name and logo live on through Thr
Hammond is a city in Lake County, United States. It is part of the Chicago metropolitan area. First settled in the mid-19th century, it is one of the oldest cities of northern Lake County; as of the 2010 United States census, it is the largest in population: the 2010 population was 80,830, replacing Gary as the most populous city in Lake County. From north to south, Hammond runs from Lake Michigan down to the Little Calumet River; the city is traversed by numerous railroads and expressways, including the South Shore Line, Borman Expressway, Indiana Toll Road. Notable local landmarks include the parkland around Wolf Lake and the Horseshoe Hammond riverboat casino. Part of the Rust Belt, Hammond has been industrial from its inception, but is home to a Purdue University campus and numerous historic districts that showcase the residential and commercial architecture of the early 20th century. Hammond is located at 41°36′40″N 87°29′35″W; the city's elevation above sea level ranges from 577 feet to 610 feet.
The city sits within the boundaries of the former Lake Chicago, much of its land area consists of former dune and swale terrain, subsequently leveled. Most of the city is on sandy soil with a layer of black topsoil that varies from non-existent to several feet thick. Much of the exposed sand was removed for purposes such as industrial use to make glass. According to the 2010 census, Hammond has a total area of 24.886 square miles, of which 22.78 square miles is land and 2.106 square miles is water. Grand Calumet River Lake George Lake Michigan Little Calumet River Oxbow Lake Wolf Lake IllinoisBurnham Calumet City Chicago LansingIndianaEast Chicago Gary Griffith Highland Munster Whiting As of the 2010 United States Census, there were 80,830 people, 29,949 households, 19,222 families residing in the city; the population density was 3,548.3 inhabitants per square mile. There were 32,945 housing units at an average density of 1,446.2 per square mile. The racial makeup of the city was 59.4% White, 22.5% African American, 0.5% Native American, 1.0% Asian, 13.3% from other races, 3.3% from two or more races.
Hispanic or Latino of any race were 34.1% of the population. There were 29,949 households of which 36.2% had children under the age of 18 living with them, 37.0% were married couples living together, 19.7% had a female householder with no husband present, 7.5% had a male householder with no wife present, 35.8% were non-families. 30.3% of all households were made up of individuals and 9.7% had someone living alone, 65 years of age or older. The average household size was 2.67 and the average family size was 3.36. The median age in the city was 33.3 years. 27.6% of residents were under the age of 18. The gender makeup of the city was 49.0% male and 51.0% female. As of the 2000 United States Census, there were 83,048 people, 32,026 households and 20,880 families residing in the city; the population density was 3,630.0 per square mile. There were 34,139 housing units at an average density of 1,492.2 per square mile. The racial makeup of the city was 72.35% White, 14.57% African American, 0.41% Native American, 0.46% Asian, 0.08% Pacific Islander, 9.32% from other races, 2.81% from two or more races.
Hispanic or Latino of any race were 21.04% of the population. There were 32,026 households out of which 31.8% had children under the age of 18 living with them, 42.9% were married couples living together, 16.9% had a female householder with no husband present, 34.8% were non-families. 29.7% of all households were made up of individuals and 10.9% had someone living alone, 65 years of age or older. The average household size was 2.58 and the average family size was 3.23. In the city, the population was spread out with 27.3% under the age of 18, 9.8% from 18 to 24, 30.1% from 25 to 44, 19.8% from 45 to 64, 13.0% who were 65 years of age or older. The median age was 34 years. For every 100 females, there were 95.3 males. For every 100 females age 18 and over, there were 92.2 males. The median income for a household in the city was $35,528, the median income for a family was $42,221. Males had a median income of $35,778 versus $25,180 for females; the per capita income for the city was $16,254. About 12.0% of families and 14.3% of the population were below the poverty line, including 19.7% of those under age 18 and 9.3% of those age 65 or over.
Central Hammond Hessville North Hammond Robertsdale South Hammond Woodmar Most of Hammond's streets are laid out in a grid pattern similar to Chicago's streets. While Madison Street in Chicago acts as the reference point for north-south street numbering the first "1" is removed; the state line is used as the reference point for east-west street numbering. Other cities and towns in Northwest Indiana that use the Hammond numbering system are Whiting and Highland. Dyer uses the Hammond numbering system but the first number removed from the north-south streets is a "2," as by that point the Illinois numbers across the state line start with the number 2. I-9
Thom McAn is a brand of shoes and was a retail chain. It is sold in Kmart and Sears stores, it consists of leather-dress and athletic shoes. Until the 1990s, Thom McAn had hundreds of retail stores in the US, was one of the oldest and best-known shoe retailers in the country; as of late 2008, the brand was controlled by Sears Brands, LLC. Ward Melville created the Thom McAn brand with J. Franklin McElwain, a New Hampshire shoe manufacturer; the name was inspired by Scottish golfer Thomas McCann. The first Thom McAn retail store opened in New York in 1922, selling a few simple styles at a low fixed price. Within five years, 300 stores were open, by 1939 there were over 650 stores. In 1952, the Melville Corporation acquired the 151-outlet Miles Shoes chain. In 1960, Melville created Meldisco, dedicated to leasing and supplying family shoe departments in self-service discount department stores. By the end of the 1960s, Melville was the largest U. S. shoe retailer. By the 1980s, Melville was still the largest footwear retailer in the U.
S. but the company had diversified to add such chains as Chess Foxmoor and CVS Pharmacy. It began to phase out six of its seven footwear factories in 1983, in 1985 it closed 72 Thom McAn outlets. In 1988, it purchased the athletic shoe chain FootAction. In 1992, Thom McAn was down to 730 outlets, Melville announced that it would close 350. In 1996, Melville closed the remaining Thom McAn outlets, converting 100 of the locations to the Footaction USA format; as Melville divested its operations in order to focus on CVS, the remaining footwear operations including Meldisco were spun off into a new company, Footstar. With the closure of the retail outlets, Thom McAn shoes began appearing in Kmart stores, through the footwear departments operated by Meldisco. In 2003, Footstar began selling Thom McAn in 1,500 Walmart stores. In 2005, Kmart owner Sears Holdings reached an agreement with Footstar – which by was in bankruptcy and consisted entirely of the Meldisco-operated footwear departments inside Kmart stores – to let Footstar run the shoe departments through 2008, after which Sears would purchase the remaining inventory at book value.
In April 2008, Sears Holdings agreed to obtain Footstar's intellectual property as well, including the Thom McAn brand name. G. R. Kinney Company known as Kinney Shoes
Evanston is a city in Cook County, United States, 12 miles north of downtown Chicago, bordered by Chicago to the south, Skokie to the west, Wilmette to the north. It had a population of 74,486 as of 2010, it is one of the North Shore communities that adjoin Lake Michigan and is the home of Northwestern University. The boundaries of the city of Evanston are coterminous with those of the former Evanston Township, dissolved in 2014 by voters with its functions being absorbed by the city of Evanston. Prior to the 1830s, the area now occupied by Evanston was uninhabited, consisting of wetlands and swampy forest. However, Potawatomi Indians used trails along higher lying ridges that ran in a general north-south direction through the area, had at least some semi-permanent settlements along the trails. French explorers referred to the general area as "Grosse Pointe" after a point of land jutting into Lake Michigan about 13 miles north of the mouth of the Chicago River. After the first non-Native Americans settled in the area in 1836, the names "Grosse Point Territory" and "Gross Point voting district" were used through the 1830s and 1840s, although the territory had no defined boundaries.
The area remained only sparsely settled, supporting some farming and lumber activity on some of the higher ground, as well as a number of taverns or "hotels" along the ridge roads. Grosse Pointe itself eroded into the lake during this period. In 1850, a township called Ridgeville was organized, extending from Graceland Cemetery in Chicago to the southern edge of the Ouilmette Reservation, along what is now Central Street, from Lake Michigan to Western Avenue in Chicago; the 1850 census shows a few hundred settlers in this township, a post office with the name of Ridgeville was established at one of the taverns. However, no municipality yet existed. In 1851, a group of Methodist business leaders founded Northwestern University and Garrett Biblical Institute, they chose a bluffed and wooded site along the lake as Northwestern's home, purchasing several hundred acres of land from Dr. John Foster, a Chicago farm owner. In 1854, the founders of Northwestern submitted to the county judge their plans for a city to be named Evanston after John Evans, one of their leaders.
In 1857, the request was granted. The township of Evanston was split off from Ridgeville Township; the nine founders, including John Evans, Orrington Lunt, Andrew Brown, hoped their university would attain high standards of intellectual excellence. Today these hopes have been fulfilled, as Northwestern ranks with the best of the nation's universities. Evanston was formally incorporated as a town on December 29, 1863, but declined in 1869 to become a city despite the Illinois legislature passing a bill for that purpose. Evanston expanded after the Civil War with the annexation of the village of North Evanston. In early 1892, following the annexation of the village of South Evanston, voters elected to organize as a city; the 1892 boundaries are those that exist today. During the 1960s, Northwestern University changed the city's shoreline by adding a 74-acre lakefill. In 1939, Evanston hosted the first NCAA basketball championship final at Northwestern University's Patten Gymnasium. In August 1954, Evanston hosted the second assembly of the World Council of Churches, still the only WCC assembly to have been held in the United States.
President Dwight Eisenhower welcomed the delegates, Dag Hammarskjöld, secretary-general of the United Nations, delivered an important address entitled "An instrument of faith". Evanston first received power in April 1893. Many people lined the streets on Emerson St. where the first appearance of street lights were lined and turned on. Today, the city is home to Northwestern University, Music Institute of Chicago, other educational institutions, as well as headquarters of Alpha Phi International women's fraternity, Rotary International, the National Merit Scholarship Corporation, the National Lekotek Center, the Sigma Alpha Epsilon fraternity, the Sigma Chi Fraternity and the Woman's Christian Temperance Union. Evanston is the birthplace of Tinkertoys, is the one of the locations having originated the ice cream sundae. Evanston was Company, which for many years supplied the most jobs. Evanston was a dry community from 1858 until 1972, when the City Council voted to allow restaurants and hotels to serve liquor on their premises.
In 1984, the Council voted to allow retail liquor outlets within the city limits. According to the 2010 census, Evanston has a total area of 7.802 square miles, of which 7.78 square miles is land and 0.022 square miles is water. As of the census of 2010, there were 74,486 people, 30,047 households, 15,621 families residing in the city; the population density was 9,574.0 people per square mile. There were 33,181 housing units at an average density of 4,264.9 per square mile. The 2010 census showed that Evanston is ethnically mixed with the following breakdown in population: 65.6% White, 18.1% Black or African American, 0.2% American Indian or Alaska Native, 8.6% Asian, 0.02% Native Hawaiian or other Pacific Islander, 3.6% some other race, 3.8% from two or more races. 9.0 % were Latino of any race. There were 30,047 households, out of which 26.1% had children under the age of 18 living with them, 39.8% were headed by married couples living together, 9.7% had a female householder with no husband present, 48.0% were non-families.
37.5% of all households were made up of individuals, 10
Sears Holdings Corporation is an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after Kmart purchased Sears in 2005, it was the 20th-largest retailing company in the United States in 2015 and filed for Chapter 11 bankruptcy on October 15, 2018. On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co under a new corporation. Kmart emerged from Chapter 11 bankruptcy protection on May 6, 2003; the new corporation became known as Sears Holdings Corporation known as Sears Holdings. The new corporation announced that it would continue to operate stores under both the Sears and Kmart brands; the merger of Kmart and Sears closed on March 24, 2005, following affirmative shareholder votes of both companies. The result of the merger was Kmart and parent Kmart Holding Corporation and Sears became subsidiaries of the new Sears Holdings Corporation.
Sears Holdings now operates Kmart stores. The company continues to market products under brands held by both companies; the two companies cited several reasons for combining forces: Sears had begun investing in new, larger off-mall stores, called Sears Grand. Earlier in the year, Sears had purchased dozens of current Super Kmart locations. Proprietary brands held by both companies could be made more accessible to their target demographics by leveraging their combined real estate holdings; this was estimated to be an expected $200 million a year in revenue synergies. At least $300 million a year in cost savings was expected annually in the supply chain and in administrative overhead; the establishment of a shared customer-focused corporate culture between the two companies was estimated to yield improvements in revenue per unit area. Preservation of two brands after the merger was intended to allow Sears Holdings to continue focusing on different customer demographics, without alienating either group.
The company is directed by a board of directors composed of members from the two companies: seven members from Kmart's board, three from Sears. Shareholders in the Kmart Holding Corporation received one share in the new company. Shares of Sears and Company stock were converted into a combination of 55 percent stock and 45 percent cash. Stockholders had a choice of receiving either cash, subject to the predefined ratio; the merger was completed on March 24, 2005, after receiving regulatory approval from the government and approval by shareholders of both companies. Sears Holdings continues to operate stores under the Kmart mastheads. In 2005, Sears introduced; as part of this new store format, some Kmart stores were converted to Sears Essentials, as well as a few locations that were acquired from Walmart and several bankrupt discount retailers. The new store format combined the Sears store concept with the Kmart format, intended to help the company better compete with Walmart and Target; the project has since been resigned, merged with the Sears Grand concept.
Sears Holdings has begun cross-selling merchandise between its two brands. For example, Craftsman tools are now available in Kmart stores. However, Martha Stewart brand paint colors were discontinued at Sears. Sears Holdings owned 51 percent of Sears Canada, a large department store chain in Canada similar to the U. S. stores. At one point it owned as much as 92% of the Canadian company, but it failed in 2006 to buy the remainder of Sears Canada that it did not own because Bill Ackman took a 17.3 percent stake in it and prevented any takeover. He accepted to sell his stake at $30 a share on April 23, 2010.. Sears Holdings owns 20 percent of Sears Mexico. Like Target stores, Kmart-branded stores in Australia belong to Wesfarmers. In 2005, Sears Holdings sold a stake in hardware chain Orchard Supply Hardware to private equity firm Ares Management. On December 14, 2011, Sears Holdings announced that it would spin off its remaining holdings in Orchard Supply to shareholders effective December 30, 2011.
In November 2006, speculation rolled around as The Chicago Sun Times reported that Sears may buy Safeway, Home Depot, Gap, BJ's Wholesale Club, Radio Shack, Pep Boys, Anheuser-Busch. The Washington Post, in a March 11, 2007, described the current Sears as a hedge fund with money being diverted from the maintenance and improvement of stores to non-retail financial investments. A former executive was quoted as saying the company faced an "uncertain future". A third of pre-tax income in the third quarter of 2006, according to The Washington Post, was due to financial trades and not the retail business. However, these investments performed poorly in the fourth quarter. In 2007, the company placed its three major brands in KCD IP, a "separate, wholly owned, bankruptcy-remote subsidiary". KCD stands for the three brands: Kenmore and DieHard. KCD IP issued $1.8 billion in bonds that were sold to Sears' insurance subsidiary based in Bermuda. Sears would thus pay KCD for use of the three brands' trademarks.
On December 14, 2007, the company submitted a draft merger agreement to buy Restoration Hardware for $6.75 a share. Sears owned 13.7 percent of the company. That offer was withdrawn after Restoration's shares tumbled and a competing bid from private equity firm Catterton Partners was lowered to $4.50 per share. On February 28, Sears Holdings made an of
Joe Boxer is a brand of underwear and related apparel founded by Nicholas Graham. The brand pioneered the concept of novelty hanging underwear. In the United States, Joe Boxer products are sold at Kmart and Sears. Outside the U. S. they are sold at select retailers such as The Bay in Canada, but Joe Boxer is in the process of opening its own branded boutiques in Canada. Their underwear was known for having the words "Change Daily" printed on the label. In April 2001 the Joe Boxer brand, facing bankruptcy, was sold to Windsong Allegiance in exchange for the assumption of existing debt. Bill Sweedler, CEO of Windsong, took over as CEO. Iconix bought Joe Boxer in 2005. Joe Boxer CNN.com report on Joe Boxer
The Great Indoors (department store)
The Great Indoors was a chain of home decor stores in the United States, founded by Sears in 1997. The Great Indoors were 140,000 square feet each. Employing nearly 300 employees for each store. Stores were organized around the four main rooms of the home -- kitchen, bath and the great room -- with a fifth area devoted to floors and walls; each store will showcase 75 lifestyle vignettes with more than 50,000 items to help customers visualize solutions for their own rooms. Brands found within included Bosch, Bose, Corian, Karastan, KitchenAid, Kohler and Waverly; the Great Indoors concept was introduced in 1997. Sears believed. However, the chain did not prove successful and Sears closed stores, starting with a first round in 2005. At one time, The Great Indoors had $550 million in sales. On February 23, 2012, Sears Holdings Corp. announced. Sears Holdings