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Mercantile Stores Company, Inc.

Coordinates:39°19′24″N84°29′32″W / 39.32329°N 84.49216°W /39.32329; -84.49216
From Wikipedia, the free encyclopedia
Mercantile Stores Company Inc.
Company typedepartment stores
IndustryRetail
Founded1914
Defunct1998
Fatebought byDillard's, Inc.
Headquarters9450 Seward Road
Fairfield, Ohio 45014
(Cincinnati, Ohio)
ProductsClothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
WebsiteWas:/http://www.mercstores.com/

Mercantile Stores Company Inc. until 1998, was a traditionaldepartment store retailer operating 102 fashion apparel stores and 16 home fashion stores in 17 states. The stores were operated under 13 different nameplates and varied in size, with the average store approximating 170,000 sq ft (16,000 m2). Store names includedBacon's,Castner Knott,de Lendrecie's,Gayfers,The Glass Block,Hennessy's,J. B. White (also known as White's),The Jones Store Company,Joslins,Lion Store,McAlpin's, andRoot's.

Each store offered a wide selection of merchandise with special emphasis placed on fashion apparel, accessories and fashion home furnishings. This was aimed at middle and upper-middle income consumers. In addition to its department store operations the company maintained a partnership position in five operating shopping center ventures. Each of these centers had a retail outlet of the company.

The store chain was formed in 1914 out of the bankruptcy ofH.B. Claflin & Company. Its stores were separated into two store chains,Associated Dry Goods - with brands such asLord & Taylor andHengerer's - and Mercantile Stores Company. In May 1998 Mercantile Stores was acquired byDillard's of Little Rock, Arkansas, for $2.9 billion (~$5.19 billion in 2024). Later that year, Dillard's announced plans to sell off 26 of the newly acquired locations where there already were Dillard's stores toThe May Department Stores Company andProffitt's Inc.[1]

References

[edit]
  1. ^"Dillard's agrees to sell 26 stores acquired in Mercantile purchase".Desert News. Aug 3, 1998. Archived fromthe original on August 20, 2018. Retrieved2020-01-02.
  • Communications, Emmis (May 1996)."Momentum Mounts".Cincinnati Magazine: 49. RetrievedSeptember 4, 2009.
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39°19′24″N84°29′32″W / 39.32329°N 84.49216°W /39.32329; -84.49216


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