Allied Stores

Last updated
Allied Stores
Industry Department store
Founded1930s
FounderB. E. Puckett
Defunct1992;33 years ago (1992)
FateMerged with Federated Department Stores
Area served
United States

Allied Stores was a holding company of department store chains 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.

Contents

In 1981, Allied Stores acquired the 24-year-old retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. for $228 million (~$647 million in 2023). With that transaction they acquired 178 department stores and 48 specialty shops in 28 states. [1]

In December 1986, Allied Stores was acquired by Campeau Corporation under Canadian entrepreneur Robert Campeau. [2] [3] In April 1988, Campeau merged with Federated Department Stores. [4] Allied and Federated were consolidated in January 1990 after Chapter 11 bankruptcy though they remained two distinct companies. [5] Federated absorbed Allied when emerging from bankruptcy in February 1992. [6]

Stores

Advertisement for The Dean Miller Show on WLW-C, now WCMH, in Columbus, Ohio, sponsored by The Fashion Dean Miller WLWC.jpg
Advertisement for The Dean Miller Show on WLW-C, now WCMH, in Columbus, Ohio, sponsored by The Fashion

Department stores divisions at time of Campeau buyout

Specialty stores divisions at time of Campeau buyout

Other stores

References

  1. Knight, Jerry (September 2, 1981). "Garfinckel Sale To N.Y. Firm Set At $228 Million". The Washington Post. p. A1. Archived from the original on November 7, 2012. Retrieved July 9, 2011.
  2. Barmash, Isadore (July 1, 1988). "Builders Weigh Major Project For Brooklyn" via NYTimes.com.
  3. https://www.washingtonpost.com/archive/politics/1988/04/02/federated-stores-accepts-campeau-takeover-offer/9ffcd95e-54db-4f36-9e9d-faf88308db2d/
  4. "Canadian Bidder Beats Macy In Fight for Federated Stores". The New York Times .
  5. "Campeau's Units Change Creditor Plan". The New York Times .
  6. "Federated profits rise". Asbury Park Press . Asbury Park, New Jersey. November 12, 1992. p. 11.
  7. writer, Richard Lorant, Associated Press. "Jordan Marsh stores change name to Macy's". New Bedford Standard-Times.{{cite web}}: CS1 maint: multiple names: authors list (link)
  8. "The Bon Marche". PDX History. December 12, 2010. Retrieved July 9, 2011.
  9. Barmash, Isadore (April 14, 1987). "COMPANY NEWS; Allied to Sell Dillard 31 Stores in South" via NYTimes.com.
  10. "Complete Transaction List". Financo.com. Archived from the original on 11 July 2011. Retrieved 9 July 2011.
  11. Arhos, Damon. "Joske's". The Handbook of Texas Online. Texas State Historical Association (TSHA). Retrieved July 9, 2011.
  12. "As of Sunday, it's Burdines". Tampa Bay Times.
  13. Kaufman, Leslie (February 9, 2001). "Federated to Close Stern's And Rename or Shut Stores" via NYTimes.com.
  14. Smith, Leanne (November 29, 2012). "Peek Through Time: Field's Department Store filled Jackson shoppers' needs, children's Christmas wishes for 122 years". mlive.
  15. "Unprofitable Units to Shut". The New York Times. June 19, 1974. Retrieved June 25, 2019.