Allied Stores Explained

Allied Stores
Industry:Department store
Fate:Merged with Federated Department Stores
Predecessors:-->
Successors:-->
Founded:1930s
Founder:B. E. Puckett
Area Served:United States
Profit:-->
Profit Year:-->
Owners:-->

Allied Stores was a department store chain in the United States. It was founded in the 1930s as part of a general consolidation in the retail sector by B. E. Puckett. See also Associated Dry Goods. It was the successor to Hahn's Department Stores, a holding company founded in 1928. In 1935 Hahn's was reorganized into Allied Stores.

In 1981, Allied Stores acquired the 24-year-old retail conglomerate Garfinckel, Brooks Brothers, Miller & Rhoads, Inc. for $228 million (~$ in). With that transaction they acquired 178 department stores and 48 specialty shops in 28 states.[1] In 1986 the chain was acquired by Campeau Corporation under Canadian entrepreneur Robert Campeau. In 1988 it merged with Federated Department Stores (now known as Macy's, Inc.), and the chains were consolidated in 1990 under the Federated name after Chapter 11 bankruptcy.

Stores

Department stores divisions at time of Campeau buyout

Specialty stores divisions at time of Campeau buyout

Other stores

Notes and References

  1. News: Garfinckel Sale To N.Y. Firm Set At $228 Million. Jerry. Knight. The Washington Post. September 2, 1981. A1. July 9, 2011. November 7, 2012. https://web.archive.org/web/20121107101040/http://pqasb.pqarchiver.com/washingtonpost_historical/access/142799252.html?FMT=ABS&FMTS=ABS:AI&type=historic&date=Sep+2,+1981&author=By+Jerry+Knight+Washington+Post+Staff+Writer&pub=The+Washington+Post++(1974-Current+file)&edition=&startpage=A1&desc=Garfinckel+Sale+To+N.Y.+Firm+Set+At+$228+Million. dead.
  2. Web site: Jordan Marsh . Vintage Fashion Guild . July 9, 2011.
  3. Web site: The Bon Marche . PDX History . December 12, 2010 . July 9, 2011.
  4. Web site: Complete Transaction List . Financo.com . July 9, 2011 . https://web.archive.org/web/20110711002324/http://www.financo.com/experience/complete/ . 11 July 2011 . dead . dmy-all .
  5. Book: Arhos , Damon . The Handbook of Texas Online . Joske's . Texas State Historical Association (TSHA) . July 9, 2011.
  6. Web site: Unprofitable Units to Shut . The New York Times . June 19, 1974 . June 25, 2019.