Peck & Peck

Last updated
Peck & Peck
Location New York City, U.S.
Coordinates 40°45′25″N73°58′42″W / 40.75682°N 73.97826°W / 40.75682; -73.97826
Address581 Fifth Avenue, New York City, U.S.
Opening date1888 (1888)
Closing dateJanuary 1991 (1991-01)
Goods soldClothes

Peck & Peck was a New York City-based retailer of private label women's wear prominently located at 581 Fifth Avenue. [1]

Contents

Peck & Peck was known for its classic clothes. Like Bonwit Teller and B. Altman and Company's post–World War II fashions, Peck & Peck personified and flourished in the pre-hippie era in New York [2] when WASP fashion ruled stores and fashion magazines. [3]

To writers like Joan Didion, Peck & Peck was descriptor and shorthand for a certain fashion look. [4] A store classic was the simple A-line dress.

History

Founded by Edgar Wallace Peck and his brother George H. Peck, [5] it began in New York in 1888 [6] as a hosiery store, with an early location near Madison Square. [7] At Edgar Peck's death, Time magazine reported that the brothers once had to pay rent every 24 hours to a distrusting landlord, [8] but now had 19 stores. [9] It grew to 78 stores across the United States.

Peck & Peck filed for Chapter 11 bankruptcy in 1974 [10] and was purchased in 1976 by the Minneapolis-based retailing company Salkin & Linoff. [11] Through a combination of poor management and widely decentralized locations, the chain was basically shut down and sold off in pieces. [11] Some specific store locations of the chain were sold by Salkin & Linoff in the mid/late 1980s to H. C. Prange Co. of Sheboygan, Wisconsin. Salkin & Linoff closed their last five stores in January 1991, and the assets were sold at a bankruptcy sale. [11]

Other fashion retailers that grew in the wake of the closure of Peck & Peck were Ann Taylor and Talbots. Since 2008, the Peck & Peck trademark is owned by Stein Mart for its line of woman's clothing.

In August 2020, Stein Mart announced that it had filed for Chapter 11 bankruptcy due to the COVID-19 pandemic, and that it planned to close all of its 279 stores, killing the last remnants of the Peck & Peck brand. [12] However, the brand was brought back again when Stein Mart reopened as an online retailer, which is not related to the former company.

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References

  1. ↑ "581 Fifth Ave". WhatWasThere. Enlighten Ventures, LLC. Retrieved 27 March 2018.
  2. ↑ Book review on In The Place To Be by Guy Trebay. ISBN   1-56639-208-X
  3. ↑ Gadfly Online article detailing Peck & Peck's devotion to White Anglo-Saxon Protestants
  4. ↑ Essay titled On Keeping a Notebook by Joan Didion Archived 2008-08-07 at the Wayback Machine
  5. ↑ NYT Wedding Notice of Dorothy Peck, granddaughter of founder
  6. ↑ Search on Peck & Peck Trademark Registration
  7. ↑ Essay titled Fifth Avenue - The Best Address by Jerry E. Patterson
  8. ↑ "Milestones", Time, November 5, 1928
  9. ↑ "Milestones Time magazine column noting Edgar Peck's 1928 death". Archived from the original on 2008-12-02. Retrieved 2006-11-12.
  10. ↑ Barmash, Isadore (July 23, 1974). "71-Store Peck & Peck Seeking Reorganization". The New York Times . Retrieved September 16, 2018.
  11. 1 2 3 "Salkin & Linoff". St. Louis Park Historical Society. Retrieved September 16, 2018.
  12. ↑ Valinsky, Jordan (August 12, 2020). "Stein Mart files for bankruptcy and will close most of its 300 stores". CNN. Retrieved 2020-08-12.
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