This article needs additional citations for verification .(November 2008) |
Type | Private |
---|---|
Industry | Discount stores |
Headquarters | , |
Area served | Eastern and Midwestern United States |
Website | http://www.nwl.me |
National Wholesale Liquidators is a Brooklyn, New York-based company that operates warehouse-style closeout discount stores. It offers a mix of brand-name items, everyday household items, and furniture. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances.
At its peak, the company operated more than 50 stores in Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, and Washington, D.C. The chain filed for Chapter 11 bankruptcy in November 2008. and, following a bankruptcy court auction, moved to close 35 of its 45 stores in December 2008. The Chapter 11 reorganization was converted to Chapter 7 liquidation on February 26, 2009. Some of NWL's assets were acquired out of bankruptcy by NSC Wholesale Holdings Inc., operated by former NWL executives. [1] As of February 2018, NWL operated 12 retail locations in Massachusetts, New Jersey, New York, and Pennsylvania. [2]
The company filed for bankruptcy again in October 2018 and closed its 11 remaining stores. [3] A group of former managers purchased the name and intellectual property, and opened two stores: its longtime location in Brooklyn and the previous incarnation's location in Philadelphia, Pennsylvania, in a former Kmart, in early 2019. [4] [5] The company opened an additional store on Long Island in Massapequa, NY (a former Toys R Us) in November, 2019.
Pathmark is a supermarket brand owned by Allegiance Retail Services, a retailers’ cooperative based in Iselin, New Jersey, USA. Pathmark currently has one location in East Flatbush, Brooklyn, New York, which it has operated since 2019.
Big Lots Stores, Inc. is an American furniture and home decor retailer headquartered in Columbus, Ohio, United States.
Bradlees Department Store, more commonly known as Bradlees, was a discount department store chain based in Braintree, Massachusetts, which operated primarily in the Northeastern United States. Bradlees sold various retail items in its stores, including clothing, jewelry, health care, beauty products, footwear, furniture, electronics, housewares, and bedding. At its peak in the 1990s, Bradlees operated over 105 stores in seven states across the Northeast, with close to 10,000 employees. Along with being a part of Stop & Shop from 1961 until 1992, the chain went through Chapter 11 bankruptcy in 2000, with all of its stores eventually closed by March 15, 2001.
ShopRite is an American retailers' cooperative of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania.
Jamesway Corporation, more commonly known as Jamesway, was a chain of discount department stores based in Secaucus, New Jersey. It was founded in 1961 with a single store in Jamestown, New York, ultimately growing into a chain that, at its peak, operated 138 stores throughout the Northeast and mid-Atlantic regions.
Fortunoff is a New York-based retailer of outdoor furniture and jewelry.
Price Rite is a chain of supermarkets found in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. Based in Keasbey, New Jersey, Price Rite is owned by New Jersey-based Wakefern Food Corporation, the cooperative behind ShopRite Supermarkets, Dearborn Market, and The Fresh Grocer. Prior to 2014, Wakefern owned and operated all Price Rite stores.
Grand Union Supermarkets, later known as Grand Union Family Markets and often referred to simply as Grand Union, is an American chain of grocery stores that does business in upstate New York and Vermont, and used to do business throughout most of the northeastern United States. It operated stores in other areas of the country including the midwestern and southeastern states, and internationally in the Caribbean and Canada. The company was founded and headquartered in Scranton, Pennsylvania, and moved to Brooklyn, New York, in the early 20th century. Grand Union moved again to Elmwood Park, New Jersey and finally to Wayne, New Jersey before the company was forced into Chapter 7 bankruptcy in 2001 and sold to C&S Wholesale Grocers.
Bon-Ton Holdings Inc. operating as Bon Ton is an American online retailer which was previously a department store brand that was established in 1898. After rapid expansion in the 1990s and 2000s, the precursor company filed for bankruptcy protection in 2018 before being sold and ending its operations. In early 2021, CSC Generation sold all the acquired assets of Bon-Ton to New York-based BrandX.com, Inc in a private sale and included other brands such as Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers.
K·B Toys was an American chain of mall-based retail toy stores. The company was founded in 1922 as Kaufman Brothers, a wholesale candy store. The company opened a wholesale toy store in 1946, and ended its candy wholesales two years later to emphasize its toy products. Retail sales began during the 1970s, using the name Kay-Bee Toy & Hobby.
A closeout or clearance sale is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire, over-ordering, or especially because of bankruptcy. In the latter case, it is usually known as a going-out-of-business sale or liquidation sale, and is part of the process of liquidation. A hail sale is a closeout at a car dealership after hail damage.
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.
Modell's Sporting Goods was an American online sporting goods retailer that had locations in the Northeastern United States. Modell's carries both sporting goods and related apparel. Modell's had more than 150 retail locations in ten states and the District of Columbia in 2018. The company reported revenue of approximately $765 million in 2015. Sales in 2019 were $538 million, 96%/4% split between retail/online. Its slogan was "Gotta Go To Mo's."
Christmas Tree Shops was an American chain of big-box specialty retail stores, headquartered in Middleborough, Massachusetts. At its peak, the chain operated 72 stores in 20 U.S. states, primarily in the Northeast. The company filed for bankruptcy in 2023 and closed all of its stores, the last on August 12, 2023.
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.
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.
Highlands Mall is a former shopping mall in Harrison Township, Pennsylvania that operates today as an open-air shopping center. It opened in 1977 and closed in 2006, reopening after its redevelopment in 2008.
Sears Holdings Corporation was 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 the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transform Holdco LLC and after that, Sears Holdings Corporation was closed.
Transform SR Brands LLC is an American privately held company formed on February 11, 2019, to acquire some of the assets of Sears Holdings Corporation. The new company is owned by ESL Investments. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018, Transformco purchased the surviving assets owned by Sears Holdings for $5.2 billion.