- Owen Owen
-
For the Welsh headmaster and school inspector, see Owen Owen (school inspector).
Owen Owen Ltd Type Retail Industry Retail Genre Department Store Founded 1868 Founder(s) Owen Owen Headquarters Liverpool, England Key people Owen Owen Owen Owen was a Liverpool-based operator of department stores in the United Kingdom.
Contents
The man
Owen Owen was born in October 1847 and died on Easter Sunday in 1910 at the age of 62.
His family were hill farmers at the westernmost tip of Montgomeryshire in the hills south of Machynlleth. Welsh agriculture had prospered during the Napoleonic Wars when imports of food were restricted but, after the war, there was such a severe depression that in 1838 the farm which had been their home for generations had to be mortgaged and the following year sold.
Owen Owen was the first child of his father's second wife but she died after giving birth to six children when Owen Owen was only eight. His mother had a brother, Samuel, who needed help to run his draper's shop in Bath. So Owen Owen went to Bath and his uncle gave him both a home and an education. In 1868, at the age of 20, with some help from Uncle Samuel, Owen Owen opened his own draper's shop at 121 London Road, Liverpool. (His father's brother, Robert, had had a shop at number 93 but he died in 1857.) The company effectively remained under family control until 1985. Owen Owen was interested in his staff's well-being. Besides being the first employer in Liverpool to give staff a half day off each week, he also set up a trust fund for employees in need.[1]
The shop
Owen Owen opened a drapery shop at 121 London Road in Liverpool. Over the years the store expanded, but when the city's retail focus moved away from the London Road area, the Owen family lent the company the money to move to a better position on Clayton Square where a large purpose-built department store was erected. The company then purchased rival chain T J Hughes and moved that firm's Liverpool store into the empty London Road premises.
Owen Owen then expanded by building a store in Coventry, which was bombed during World War II. After the war it continued to expand, purchasing G W Robinson in Canada and adding other stores to the UK portfolio, the Coventry store being rebuilt on a slightly different site.
A subsidiary company, Plumb (Contract Furnishers and Shopfitters) Ltd., was created from its own shopfitting department, and had offices at Bishop Street, Coventry and Kempston Street, Liverpool.
In the 1980s the Owen family sold the business. T J Hughes was split off and G W Robinson sold. In 1991 the firm purchased several Lewis's stores from administration and was known briefly under the business name of 'Lewis's Owen Owen', before being taken over by Philip Green. In 1995 he released the brand Kid's HQ in 4 of his Lewis's and Owen Owen Stores. The company was then stripped of its assets which included the closure of the flagship Liverpool branch of Owen Owen (now a Tesco Metro and TK Maxx) and was cut from twelve stores to one, Lewis's of Liverpool, following the sale of many stores to other chains including Allders and Debenhams.
Then, in early 2005, Philip Green sold his stake in the business to David Thompson who began a new phase of expansion at Owen Owen, acquiring Joplings and Robbs from the now defunct Merchant Retail Group and purchasing Esslemont & MacIntosh from the Esslemont family. The Owen Owen brand name was no longer used, but remained the name of the operating company.
On 28 February 2007 Owen Owen entered administration. The reason claimed for Owen Owen's demise was the disruption in Liverpool city centre caused by the Big Dig. The Aberdeen, Esslemont & MacIntosh, store was closed down on 5 May 2007. Also in May 2007, however, the Liverpool, Hexham and Sunderland stores were sold as a going concern to Vergo Retail Ltd., controlled by the previous owner of Owen Owen, David Thompson, and enabling the stores to continue to trade.[2]
References
- ^ gleaned from a letter sent to member of the Owen Owen Trust
- ^ "Jobs saved as iconic store sold". BBC News Online. 22 May, 2007. http://news.bbc.co.uk/1/hi/england/merseyside/6681529.stm.
Further reading
- David Wyn Davies: Owen Owen: Victorian Draper (Gwasg Cambria, Aberystwyth, 1983) ISBN 0-900439-16-5
External links
Categories:- Buildings and structures in Liverpool
- Companies based in Liverpool
- Defunct retail companies of the United Kingdom
- Defunct department stores of the United Kingdom
- History of Liverpool
- Companies disestablished in 2007
Wikimedia Foundation. 2010.
