 | |
| Industry | Retail |
|---|---|
| Founded | June 5, 1913; 111 years ago (1913-06-05) Cambridge, Massachusetts, U.S. |
| Founder | Abraham Cohen (c.1887–1977)[1] |
| Defunct | November 7, 1997 (1997-11-7) |
| Fate | Liquidation |
| Headquarters | |
| Products | Electronics, housewares, appliances, exercise equipment, footwear and music |
| Parent | Dayton's (1968–1989) Berkshire Partners (1989–1994) Montgomery Ward (1994–1997) |
Lechmere (/ˈliːtʃmɪər/,LEECH-meer) was aMassachusetts-based chain ofretail stores that closed in 1997. At the time of its closing, it had 27 stores, including 20 inNew England. The chain offered electronics, appliances, and varioushousehold goods. It also had locations inNew York and theSoutheastern United States.
The origins of the chain date to 1913, when Russian immigrant and founder Abraham Cohen purchased aharness shop inCambridge, Massachusetts.[2] Cohen subsequently renamed it Lechmere Harness Shop for the district of Cambridge it was located in,Lechmere.[2] As the automobile rose in popularity over the next decade, the store began sellingtires and was renamed Lechmere Vulcanizing Company.[2] When his children—sons Maurice, Philip, and Norman and daughter Nan—entered the business after World War II, it added sales of consumer appliances. In 1948, the company was renamed Lechmere Tire & Sales Company, and wasincorporated.[2] Household goods, televisions, and other goods were added to the merchandising mix in the 1950s, as were luggage, sporting goods, toys, and lawn and garden accessories.
.jpg)
The first store moved to a former bus garage on 88 First Street in Cambridge in 1956, furthering the expansion of the merchandise mix. Lechmere also began advertising on television in the 1950s, and ended all of its prices in 88 to represent the store's address.[2]
The First Street building was expanded in 1962 to a 100,000 square feet (9,300 m2) store, to which office equipment, jewelry, hardware, and further goods were added. A second store later opened on November 1, 1965 inDedham.[3] In 1968, in order to capitalize further growth, the Cohens sold the chain toDayton's, a department store based inMinneapolis, Minnesota.[4] The new parent company became Dayton Hudson Corporation soon after the purchase, and is nowTarget Corporation. Dayton maintained Lechmere as a separate subsidiary and mostly left its operations in the Cohens' hands. With Dayton Hudson's resources now behind it, Lechmere opened stores inDanvers andSpringfield.[2] Their long-standing logo was introduced in fall 1970 and used until store closure.[5][6]
The Cohens retained day-to-day control of the chain until the mid-1970s. With the Cohens' retirement, Lechmere's merchandise mix changed to adiscount department store line. Due to declining sales, the chain began cutting prices as well. Stores inManchester, New Hampshire, andFramingham, Massachusetts, were added in 1977 and 1978, respectively.[2]
Lechmere introduced many retailing innovations, including discount pricing and a central pick-up counter to make shopping easier for customers. The merchandising strategy included offering items at many different price points to offer something for every customer and prices on major appliances listed in code so that customers would have to talk to a salesperson to find out the cost. Every year onWashington's Birthday, Lechmere had a sale, which featured 22-cent cherry pies to draw customers.[7]
Despite the opening of new stores, Lechmere's sales continued to decline, until when C. George Scala was named CEO in 1980.[8] He changed the merchandise mix again to housewares, appliances,sporting goods, electronics, and music.[citation needed] In 1981, the company name was simplified to Lechmere, Inc.[2] It also began expanding outside its New England base, including locations such asCharlotte, North Carolina,Birmingham, Alabama, andAtlanta, Georgia.[9][10] From 1983 to 1988, annual sales grew from $200 million to over $700 million, while operating profit grew from $19 million to $22 million, in approximate figures.[11]
Berkshire Partners andBoston-based mall developers Steve Karp and Steve Wiener bought the chain from Dayton Hudson in 1989.[12] As a condition of this sale, stores in theSoutheastern United States were closed.[13] In 1992, the company successfully went to theSupreme Court inLechmere, Inc. v. NLRB to block union organizers from being on their property. Berkshire Partners sold Lechmere toMontgomery Ward Holdings in 1994, in a deal worth more than $200 million (~$373 million in 2023).[14]
On August 1, 1997, Montgomery Ward announced that all Lechmere stores were to be closed as part of theirbankruptcy reorganization. At the time of the chain's closing, 27 stores remained open, including 20 in New England, 12 of which were in Massachusetts.[15] All six "Home Image by Lechmere" stores were also closed at that time.[16] November 7, 1997, was the last day of business for all locations.[17]
On brink of demise, Lechmere chain recalled for the life it brought to Boston
Consumer electronics giant Lechmere disappeared yesterday.
Consumer electronics giant Lechmere disappeared yesterday.