King's Department Stores Metal Business Card Holder

One size / gray / Glossy

$24.99

1/6

King's Department Stores Metal Business Card Holder

$24.99

	One size
Width, in	3.67
Height, in	2.35
Depth, in	0.36

GhostCorp Apparel - resurrecting iconic corporate ghosts.

Keep business cards close with a nod to King's Department Stores, the discount retailer founded in Brockton, Massachusetts, in 1956. The chain expanded to 187 stores and built its reach through acquisitions across the East. Its proposed merger with W.R. Grace was called off in June 1978, and economic pressure preceded a Chapter 11 filing in 1982. Ames purchased King's in 1984, converting most locations. This holder suits collectors drawn to the people and businesses behind retail history.

King's Department Stores was an Eastern United States discount-store chain that began in Brockton, Massachusetts, in 1956. The business expanded to 187 stores, including three in the Buffalo, New York, area. Its growth included acquisitions of other retail chains: Miracle Mart in 1968, Sandy's Discount Stores in 1966, Welles in 1973, and Barker's Discount Department Stores in 1980. The supplied article gives two dates for its purchase of Mammoth Mart: its narrative says 1978, while its acquisition list says 1977. In 1978, King's also proposed a merger with W.R. Grace, which was projected to add $325 million in sales revenue to Grace. The merger was called off in June that year. Economic downturn and debt associated with the Mammoth purchase preceded King's Chapter 11 bankruptcy filing in 1982. In 1984, Ames Department Stores purchased the chain and converted most King's locations into Ames stores. Ames later went out of business in 2002. King's history connects regional discount retail growth, acquisitions, financial strain, bankruptcy, and the conversion of stores under a successor company.