- Rich's Department Stores
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For the department store chain of Atlanta, see Rich's.
Rich's Department Stores Former type Discount Department Store Industry Retail Fate Bankruptcy Founded 1962 Defunct 1997 Headquarters Salem, Massachusetts Products Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares. Website None Rich's, a former family-owned business established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts, USA. The Rich family once operated 29 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.
Contents
History
Rich's, founded by Jerry Rich, had employees who often stayed for long periods of time. Beverly Raymond was a Supervisor of Cashiers for almost 30 years in the Nashua store. Her manager, Lorne Swindell, managed in Nashua for over 20 years, after a short stint with JM Fields.
The chain went bankrupt on March 14, 1996.[1] Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs by late February 1997.
See also
Notes
- ^ "Department chain closing all 20 stores". Bangor Daily News. 1996-12-20. http://news.google.com/newspapers?nid=3yMDF_cvnR8C&dat=19961220&printsec=frontpage&hl=en. Retrieved 2011-11-05.
External links
Categories:- Companies established in 1962
- Defunct discount stores of the United States
- Surplus stores
- Companies disestablished in 1997
- United States retail company stubs
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