Nov 8, 1979 · The flagship stores of two of the largest competing chains — Woolworth and Kress — now stand empty at opposite corners of 39th Street on Fifth ...
People also ask
What kind of store was Kress?
Kress & Co. (1896–1981) was one of the 20th century's most prosperous variety-store retailers. Though never the largest chain, Kress maintained the highest per-store sales of any five-and-dime retailer for more than 20 years, beginning in 1927.
What happened to the Kress stores?
The remaining Kress stores were sold to McCrory Stores on January 1, 1981. Most continued to operate under the Kress name until McCrory Stores went out of business in 2001. Tiendas Kress, the subsidiary chain in Puerto Rico, survived the parent company and is still in business there.
Why did Woolworths go out of business?
Analysts blame its downfall on a toxic combination of low cash reserves, lost credit insurance and crippling debt - all exacerbated by the 2008 financial crisis. It marked the end of Woolies's near century-long presence on the high street, with more than 800 stores closed down and about 27,000 jobs lost.
Does Woolworths still exist in America?
These pressures compelled Woolworth to rely more and more on its Foot Locker, Kinney Shoes, and other specialty stores. Woolworth closed its remaining variety stores in the United States in 1997, thus abandoning its traditional general-merchandise retail business there.
S. H. Kress & Co. was the trading name of a chain of five and dime retail department stores in the United States established by Samuel Henry Kress.
Jul 15, 2022 · But the memories of local and chain five-and-dimes like Newberry's, Woolworth's, and McCrory's live on. Everything from inexpensive household ...
The Kress building is located between former Woolworth and J.J. Newberry stores, although the block is commonly known as the "Kress block." Lunch-counter sit- ...
Apr 21, 2021 · ... stores. Everyone knew the names Penney, Woolworth, Newberry, and Kress. A lady I knew referred to these department stores as "initial stops ...
Jan 24, 2015 · But because Woolworth's was first, that store stands out in history. Outside the South, Kress stores were integrated, but down in Dixie, where ...
The Kress collection presents a record of nearly a century of building activity for the Kress Five-and-Dimes, a variety store, which once spanned the country.
Nov 26, 2018 · The Woolworth Brothers pioneered the five-cent-and-ten-cent store in about 1879. They stocked inexpensive household goods, personal care items, ...
The Kress Building, billed as the nation's largest Kress store at the time of its construction, contained a lunch counter, tea room and aisles of merchandise.