Public | |
Industry | Retail |
Fate | Liquidation |
Founded | Seattle, Washington, United States (1980 ) |
Defunct | 1996 |
Headquarters | , |
Number of locations | 28 (1999) |
Area served | Washington, Idaho, Oregon, Utah, Alaska, British Columbia, Alberta, Saskatchewan, Ontario, and Manitoba (1999) |
Pacific Linen, founded 1980 in Seattle, Washington, is a defunct retailer of high quality designer linens, bath towels, and home accents that operated in the United States and Canada. In April 1996, Pacific Linen filed for Chapter 11 bankruptcy protection. In an attempt to cut costs, the company closed several stores and moved its headquarters from Bothell to Woodinville-Redmond Road in Woodinville. [1] By 1999, the company was operating its core locations in Canada with only nine American stores remaining. [2] In September 1999, Pacific Linen announced to its employees that the company had hired Universal Capital Group to liquidate its 28 remaining stores in the United States and Canada. [2] Century Services worked in conjunction with Universal Capital to liquidate the Canadian division. [2]
The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world's 17 megadiverse countries.
Canada is a country in the northern part of North America. Its ten provinces and three territories extend from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres, making it the world's second-largest country by total area. Canada's southern border with the United States, stretching some 8,891 kilometres (5,525 mi), is the world's longest bi-national land border. Its capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. As a whole, Canada is sparsely populated, the majority of its land area being dominated by forest and tundra. Consequently, its population is highly urbanized, with over 80 percent of its inhabitants concentrated in large and medium-sized cities, with 70% of citizens residing within 100 kilometres (62 mi) of the southern border. Canada's climate varies widely across its vast area, ranging from arctic weather in the north, to hot summers in the southern regions, with four distinct seasons.
Chapter 11 is a chapter of Title 11, the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation can be done under Chapter 11 also; while Chapter 13 provides a reorganization process for the majority of private individuals.
Borders Group, Inc. was an international book and music retailer based in Ann Arbor, Michigan. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and Waldenbooks stores.
Sears Canada Inc. was the Canadian subsidiary of the American-based Sears department store chain. In operation from 1953 until January 14, 2018, and headquartered in Toronto, Ontario, the company's roots were in Simpsons-Sears—a joint venture between the Simpsons retail chain and the U.S. Sears chain—which operated a national mail order business and co-branded Simpsons-Sears stores modelled after the U.S. Sears chain. Following the purchase of Simpsons by the Hudson's Bay Company in 1978, the joint venture was dismantled, and the Simpsons-Sears stores became solely owned by Sears. In 1999, Sears Canada acquired the remaining assets and locations of the historic Canadian chain Eaton's. From 2014, Sears Holdings owned a 10% share in the company. ESL Investments was the largest shareholder of Sears Canada.
Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 locations across Canada.
Carnival Corporation & plc is a British-American cruise operator, currently the world's largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise line brands. A dual listed company, Carnival is composed of two companies, Carnival Corporation and Carnival plc, which function as one entity. Carnival Corporation is listed on the New York Stock Exchange and Carnival PLC is listed on the London Stock Exchange. As such, Carnival is the only company in the world to be listed on both the S&P 500 and FTSE 100 indices.
Bed Bath & Beyond Inc. is an American chain of domestic merchandise retail stores in the United States, including Puerto Rico; Canada; and Mexico. Founded in 1971, the stores sell home goods primarily for the bedroom and bathroom, as well as kitchen and dining room. The company is included in the S&P 400 and Global 1200 Indices. It is also counted among the Fortune 500 and the Forbes Global 2000.
GUS plc was a FTSE 100 retailing group based in the United Kingdom. GUS is an abbreviation of Great Universal Stores, the company's name before 2001. On 10 October 2006, the company was split into two separate companies: Experian which continues to exist, and Home Retail Group which was bought by Sainsbury's in 2016.
Canadian Pacific Limited was created in 1971 to own properties formerly owned by Canadian Pacific Railway (CPR), a transportation and mining giant in Canada. In October 2001, the CPR decided to spin off the remaining businesses it had not recently sold off, thus creating separate companies for each, including Canadian Pacific Railway Limited.
Skippers Seafood & Chowder House is a group of independently owned and operated locations licensed by Starway Restaurants, LLC. There are currently licensed Skippers restaurants operating in Idaho, Oregon, Utah and Washington. Starway Restaurants, LLC has also re-introduced Skippers clam chowder in ready to serve cans and Skippers tartar sauce, cocktail sauce, and coleslaw dressing sold in grocery stores and over the Internet. There are over 30 Skippers locations operating under limited license agreements with Starway Restaurants, LLC.
The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It remained from the original Zayre Corp. that was established in 1956. Of its banners, HomeGoods, TJ Maxx, and Sierra operate in the United States; Winners operates in Canada; and HomeSense, Marshalls, and TK Maxx operate in multiple countries.
Payless ShoeSource Inc. is an American discount footwear retailer headquartered in Topeka, Kansas, whose U.S. and Canadian locations are soon to be defunct. Established in 1956 by cousins Louis and Shaol Pozez, Payless is a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation which merged with The May Department Stores Company in 1979. In the 1980s, Payless was widely known in the U.S. for its Pro Wings line of discount sneakers, which often had Velcro straps instead of laces. In 1996, Payless ShoeSource became an independent publicly held company. In 2004, Payless ShoeSource announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. The company had a total revenue for 2011 of US$ 3.4 billion. The company also has a stunt premium banner, Palessi Shoes.
Movie Gallery, Inc. was the second largest movie and game rental company in the United States and Canada, behind Blockbuster Video. The company rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games. Founded in Dothan, Alabama, the company was headquartered in Dothan, and later in Wilsonville, Oregon.
G. R. Herberger Inc. is a department store chain founded in 1927 with locations throughout the Midwestern United States. The chain was sold in the late 1990s amid growing consolidation in the department store industry, while continuing to operate as a separate nameplate and later sharing a corporate division headquartered in Milwaukee, Wisconsin, with Carson's, Bergner's and other regional chains by the close of the century. The company's parent company Bon-Ton filed for bankruptcy in 2018 and liquidated.
Grand Union Supermarkets, later known as Grand Union Family Markets and often referred to simply as Grand Union, was an American chain of grocery stores that did business primarily in 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.
Emporium, more formally known as Troutman's Emporium, was a chain of department stores founded in 1955 by Dallas Troutman in North Bend, Oregon. After 1977, Emporium's headquarters was located in Eugene, Oregon. At its peak, Emporium operated at least 34 stores, in Oregon, Idaho, Nevada, California and Washington. The company filed for Chapter 11 bankruptcy protection in 2002 and liquidated. The last stores closed in 2003.
Roy Furr was the president of the Furr's chain of supermarkets and restaurants. He was born in McKinney, Texas. As a boy he worked for his father C.W. Furr and brother Key Furr at the Kirkland Mercantile Company in Kirkland in Childress County, Texas. He studied at Clarendon College in Clarendon, Texas, and the University of Oklahoma at Norman.
Wilsons Leather is a U.S. leather retailer, selling products such as leather jackets, belts, shoes, handbags, and gloves. At its peak in 2002, the Minneapolis-based retailer had 763 stores in 46 states and Canada. The company currently operates 170 retail locations in the U.S selling product assortments from brands such as DKNY, Michael Kora, Guess, and Cole Haan.
Charlotte Russe was an American clothing retail chain store that operated in the United States, headquartered in San Francisco, California. Fashions in the stores are targeted at women in their teens and twenties. The company owns and operates stores in 45 states. As of June 2014, Charlotte Russe operates 560 stores, mostly in malls and shopping centers. It filed for Chapter 11 bankruptcy on February 4, 2019. It was announced on March 7, 2019 that it would be closing all of its remaining stores and would be attempting to sell the brand’s intellectual property. In April 2019 the company under new ownership has announced on its website that it will reopen 100 retail locations. After the company announced it was closing its stores, the brand was sold to Toronto-based YM Inc., according a press release.
Linens 'n Things was an online retailer of home textiles, housewares and decorative home accessories. Until 2008, the company also did business across the United States and Canada as a big box retailer under the name Linens 'n Things, Inc. Headquartered in Clifton, New Jersey, United States, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006.
Edison Brothers Stores, Inc., was a retail conglomerate based in St. Louis, Missouri. It operated numerous retail chains mainly located in shopping malls, mostly in the fields of shoes, clothing and entertainment, with Bakers Shoes as its flagship chain. The company was liquidated in 1999, though some of the chains it operated continued under different owners.
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