- Neisner's
-
Neisner's or Neisner Brothers was a former chain of variety stores in North America.
History
The brothers Abraham and Joseph Neisner opened their first variety store in Rochester, New York in 1911. The company was incorporated in New York in 1916, by which time they had five stores, selling merchandise from 5 cents to a dollar.[1] The company acquired a large interest in British Home Stores, a chain of similar stores in the United Kingdom in 1929, but sold their interest in the late 1930s.[1]
The company prospered during the Depression, and by 1935, Neisner's had 103 stores in 63 cities in 16 states.[2]
Abraham Neisner died in 1933, whilst travelling aboard the SS Rex. Neisner's was later headed by Joseph's son Fred Neisner, who became chairman of the board, with Abraham's son Melvin Neisner, as company president.[3]
Neisner's filed a petition for bankruptcy on 1 December 1977.[4] The chain was acquired by Ames Department Stores in November 1978.[5]
Notes
- ^ a b http://www.library.hbs.edu/hc/lehman/chrono.html?company=neisner_brothers_inc
- ^ p.147 Elvins, Sarah Sales and Celebrations: Retailing and Regional Identity in Western New York 2004 Ohio University Press
- ^ p.210 Drew-Bear, Robert Mass Merchandising; Revolution and Evolution 1970 Fairchild Publishing
- ^ http://cases.justia.com/us-court-of-appeals/F2/866/38/205176/
- ^ http://www.fundinguniverse.com/company-histories/Ames-Department-Stores-Inc-Company-History.html
External links
- Lehman Brothers 20th Century Business Archives http://www.library.hbs.edu/hc/lehman/chrono.html?company=neisner_brothers_inc
Categories:- Defunct retail companies of the United States
- Defunct discount stores of the United States
- Five and dimes
- Companies established in 1911
- Companies disestablished in 1977
Wikimedia Foundation. 2010.
