Mammoth Mart

Last updated
Mammoth Mart
FormerlyMammoth Mills
Type Discount store
Industry Retail
Founded1956
FounderMax Coffman and Henry Gornstein
Defunct1978
FateBankruptcy & bought by King's discount stores
Successor King's (defunct discount store)
Headquarters Framingham, Massachusetts Incorporated = Maine
Number of locations
35 stores (1969)
Area served
New England among other states in the North East
ProductsClothing, footwear, bedding, furniture, jewelry, beauty products, electronics, toys and housewares.
OwnerKing's discount stores
WebsiteNone

Mammoth Mart was a discount department store chain, located in the northeastern United States, primarily in the New England area. The chain was founded by Max Coffman and Henry Gornstein in Framingham, Massachusetts in 1956, [1] and was something of a prototype for the large, downscale department store, selling housewares, hardware and clothing in stark, unfussy buildings, usually in suburban shopping center locations. Other discount department store retailers like K-Mart, Zayre, and Bradlees would subsequently expand on this concept.

Their advertising mascot was Marty the elephant, a smiling, blazer-wearing mammoth.

History

In 1956 Max Coffman and Henry Gornstein opened the first Mammoth Mart (at the time known as Mammoth Mills) in Framingham, MA. It was originally called Mammoth Mills due to the first store being in a mill building that used the same name. The name was changed to Mammoth Mart in 1962. [2]

By 1969 the chain had 35 stores. In March 1970 Mammoth Mart diversified their holdings by acquiring the eight-unit Boston Baby chain of juvenile merchandise stores, eventually expanding the division to fifteen stores. This venture was a failure, and the chain liquidated in 1973. In September 1970 Mammoth Mart acquired two locations from Key Stores. The cost of liquidating Boston Baby, combined with the economic effects of the Energy Crisis of 1973, rising inflation, increased shrinkage and Phase IV of the Nixon Administration's program of Wage and Price Controls, forced the company to file for bankruptcy protection under Chapter XI of the Bankruptcy Act of 1898—one of the precursors (along with Chapter X of the 1898 Bankruptcy Act) of today's Chapter 11— on June 17, 1974. The chain was acquired by now-defunct King's Department Stores for $43 million (~$152 million in 2021) on June 15, 1977. The final locations were rebranded as King’s by 1978.

Related Research Articles

Mervyn's was an American middle-scale department store chain based in Hayward, California, and founded by Mervin G. Morris (1920–2021). It carried national brands of clothing, footwear, bedding, bath products, furniture, jewelry, beauty products, electronics, toys, and housewares. Many of the company's stores were opened in shopping malls; however, some locations were operated independently. Based on 2005 revenue, Mervyn's was the 83rd largest retailer in the United States.

<span class="mw-page-title-main">Woolco</span> Defunct American discount department store

Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At its peak, Woolco had hundreds of stores in the US, as well as in Canada and the United Kingdom. While the American stores were closed in 1983, the chain remained active in Canada until it was sold in 1994 to rival Walmart, which was looking to enter the Canadian market. All of the former UK Woolco stores were sold by Kingfisher, which had bought the UK Woolworth business, to Gateway which subsequently sold them to Asda.

A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.

Venture Stores, Inc. was a chain of retail stores aimed at the discount department-store market. John Geisse, formerly of Target Stores, and May Department Stores' executive vice president, Dave Babcock, founded the chain in 1968. Venture Stores expanded to operate over 70 stores with major market share in St. Louis, Chicago, and Kansas City, and expanded across various areas in the United States over a period of nearly 30 years, becoming the largest discount chain in Chicago. In January 1998, Venture Stores entered a Chapter 11 bankruptcy and closed within six months.

<span class="mw-page-title-main">Caldor</span> Defunct chain of US discount department stores

Caldor, Inc. was a discount department store chain founded in 1951 by husband and wife Carl and Dorothy Bennett. Referred to by many as "the Bloomingdale's of discounting," Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, New York, into a regional retailing giant. Its stores were earning over $1 billion in sales by the time Carl Bennett retired in 1985, by which time Caldor was a subsidiary of Associated Dry Goods.

<span class="mw-page-title-main">Zayre</span> Defunct discount retailer in the United States

Zayre was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters was in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain, and in June 1989, Zayre Corp. merged with one of its subsidiaries, The TJX Companies, parent company of T.J. Maxx, which still exists today. A number of stores retained the Zayre name until 1990, by which time all stores were either closed or converted into Ames stores.

Bon-Ton Holdings Inc. operating as Bon Ton is an American digitally native retailer. It was established in 1898 as a department store. Along with Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers the retailer is owned by BrandX.

<span class="mw-page-title-main">Lechmere</span> Defunct American retail store chain

Lechmere ( "leech-meer") was a Massachusetts-based chain of retail stores that closed in 1997. At the time of its closing, it had 27 stores, including 20 in New England. The chain offered electronics, appliances, and various household goods. It also had locations in New York and the Southeastern United States.

<span class="mw-page-title-main">Goody's (department store)</span>

Goody's Family Clothing Inc. was an American chain of department stores, owned and operated by Stage Stores and headquartered in Houston, TX. It specialized in retailing on-trend apparel, accessories, cosmetics, footwear, and housewares.

<span class="mw-page-title-main">White Front</span> American chain of discount stores

White Front was a chain of discount department stores in California and the western United States from 1959 through the mid-1970s. The stores were noted for the architecture of their store fronts which was an enormous, sweeping archway with the store name spelled in individual letters fanned across the top.

Loehmann's was an American retail company which started as a single store in Brooklyn, New York and grew to a chain of off-price department stores in the United States. The chain was best known for its "Back Room", where women interested in fashion could find designer clothes at prices lower than in department stores. While the largest portion of its client base was historically women, the chain also offered shoes, accessories, and men's clothing.

<span class="mw-page-title-main">King's (defunct discount store)</span>

King's Department Stores was a chain of discount stores in the Eastern United States. The chain started in 1956, in Brockton, Massachusetts. They expanded to 187 stores. In 1978, they purchased the bankrupt Mammoth Mart chain. Because of the economic downturn and the debt from the Mammoth purchase, they filed for Chapter 11 bankruptcy in 1982. In 1984 Ames Department Stores purchased the chain and converted most of them into Ames stores. Ames went out of business in 2002.

<span class="mw-page-title-main">Elder-Beerman</span> Defunct American chain of department stores

The Elder-Beerman Stores Corp., commonly known as Elder-Beerman, was an American chain of department stores founded in 1883 and whose last stores closed in 2018. The chain, based primarily in the Midwestern United States, was composed of 31 stores in eight states at the time of its liquidation in 2018, and peaked around 2003 with 68 stores and $670 million in annual sales.

<span class="mw-page-title-main">Ames (department store)</span> Defunct American discount store chain

Ames Department Stores Inc. was an American chain of discount stores based in Rocky Hill, Connecticut, United States. The company was founded in 1958 with a store in Southbridge, Massachusetts, and at its peak operated 700 stores in 20 states, including the Northeast, Upper South, Midwest, and the District of Columbia, making it the fourth-largest discount retailer in the country.

<span class="mw-page-title-main">Fishers Big Wheel</span> Discount department store chain

Fishers Big Wheel, sometimes known as just Big Wheel, was a discount department store chain based in New Castle, Pennsylvania, United States. The company operated stores under the Fisher's Big Wheel and Buy Smart names. At its peak, the chain comprised more than 100 stores in the Northeastern and Midwestern United States. The chain declared bankruptcy in 1993, selling some stores to Pamida and closing others. The chain closed in 1994.

<span class="mw-page-title-main">Valu-Mart</span>

Valu-Mart was a chain of discount stores founded in Seattle in 1958. Its parent company was Weisfield's Jewelers. For many years Weisfield's was a store that carried jewelry, as well as televisions, radios, stereos, and other consumer electronics products. Once Valu-Mart was put into place, Weisfield's strictly became a jewelry store. The chain also had stores in Oregon, where they originally were named Villa-Mart. Separate grocery sections in the stores featured curbside grocery pickup by placing the grocery bags into numbered bins that rolled onto a conveyor allowing the customer to drive up to the front of the store to pick them up by giving the attendant a plastic card with the numbered bin they used. The groceries were then loaded into the car usually by store employees.

Arlan's was an American discount store chain.

<span class="mw-page-title-main">Ontario (department store)</span> Chain of discount department stores

Ontario Discount Department Store was a chain of discount department stores, which operated primarily in Ohio from the late 1950s into the 1980s. Ontario's parent company, Cook United, discontinued the use of the Ontario brand when it bought the Rink's Bargain Barn chain in 1981. The remaining Ontario stores were rebranded as Rink's or Cooks stores. Cook United closed its remaining stores in 1987.

References

  1. Drew-Bear, Robert (1970). Mass Merchandising; Revolution & Evolution. Fairchild Publications. p. 86. Retrieved 2009-02-02.
  2. "Mammoth Mills was founded by Max".