Melville Shoe Corporation

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Melville Shoe Corporation
Industry Footwear
Founded1892;133 years ago (1892)
Founder Frank Melville
Defunct1922 (1922)
FateOperating
Successor Melville Corporation (now CVS Corp)
Headquarters
Harrison, New York
Area served
 United States
ProductsShoes

The Melville Shoe Corporation was a Harrison, New York-based [1] shoe company.

Founded by Frank Melville in 1892, [2] the company was incorporated in 1916. From its inception through 1923 it never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923. [3]

In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate. [2]

References

  1. ↑ Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
  2. 1 2 Steinhauer, Jennifer (October 25, 1995). "Melville Plans To Split Into 3 Companies". The New York Times . Retrieved February 1, 2018.
  3. ↑ Chain Shoe Store's Rapid Growth, Wall Street Journal, December 20, 1923, pg. 9.
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