Clover Discount Store

Clover Discount Store

Clover was a discount chain of 26 stores operated by Strawbridge & Clothier in Pennsylvania, New Jersey, and Delaware. Clover stores averaged 80,000 sq ft (7,400 m2), but the first five stores it opened, ran about 95,000 sq ft (8,800 m2) to 100,000 sq ft (9,300 m2).

History

This particular Clover, located at Cottman and Castor Avenue, in Philadelphia, PA, was originally a Lit Brothers location (1955-1977), and later a JCPenney location. This Clover was open from 1978 to 1996.

The first Clover store opened in 1971. The management of Strawbridge & Clothier based their Clover store format on Dayton Hudson's Target store chain and Federated’s Gold Circle Discount store. The name was taken from S&C's periodic sale days, Clover Days. The similarities to Target were evident throughout the life of Clover. The earliest locations included a food store (Clovermarket) adjacent to the main store. S&C did not operate the food stores for long and they were converted to Acme or P.L.U.S. (an A&P no-frills format).

In 1978, Strawbridge & Clothier partnered with the Rouse Company developing two mini-malls next to their Cinnaminson and Center Square stores, that were called Clover Square. These had a mixture of national and regional chains and independent stores. The malls opened with a food court in one corner of the square-shaped corridor. These malls later became Outlet Square. Now, they are both supermarkets.

In 1995, May Department Stores purchased Strawbridge's. Kimco Realty Corporation paid $35.5 million for 23 Clover stores, leaving Strawbridge with three Clover sites. Kohl's subsequently purchased 5 Clover stores. Kimco liquidated the Clover stores and sold the buildings. Due to unfavorable lease agreements, the Clover stores located in Shore Mall in Egg Harbor Township, NJ, Hamilton Township, NJ, and Penrose Plaza in Southwest Philadelphia were unable to be divested along with the rest of the chain. Gordon Brothers Partners, Inc. of Boston was retained to liquidate the 23 stores that were sold and to operate the remaining three stores through December 31, 2006.

Strawbridge's parent, May Department Stores, was sold to Federated Department Stores in 2006 and the Strawbridge's name was rebranded in favor of Macy's.

When Clover closed many of its stores were purchased by Kohl's.



Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Clover (disambiguation) — Clover is a genus of small, trifoliate plants. Clover may also refer to: Contents 1 Places 2 Rivers 3 Music …   Wikipedia

  • Store brand — Marketing Key concepts Product marketing · Pricing …   Wikipedia

  • Bradlees — Infobox Defunct Company company name = Bradlees company fate = Bankruptcy successor = foundation = 1958 New London, CT defunct = 2001 location = Braintree, Massachusetts (headquarters) industry = Retail key people = products = Clothing, footwear …   Wikipedia

  • Strawbridge's — Infobox Defunct Company company name = Strawbridge s company fate = Renamed Macy s or shuttered successor = Macy s foundation = 1868 (as Strawbridge Clothier defunct = 2006 location = Philadelphia, Pennsylvania industry = Retail key people =… …   Wikipedia

  • Lit Brothers — Infobox Defunct Company company name = Lit Brothers company fate = Liquidation foundation = 1893 defunct = 1977 location = Philadelphia, Pennsylvania industry = Retail key people = products = General Merchandise num employees = parent = City… …   Wikipedia

  • Roosevelt Mall — infobox shopping mall shopping mall name = Roosevelt Mall caption = Roosevelt Mall in 2006, looking towards Strawbridge s (now Macy s) location = Northeast Philadelphia coordinates = coord|40.04667| 75.05667|display=inline,title opening date =… …   Wikipedia

  • List of Lizzie McGuire episodes — The following is a list of episodes of Lizzie McGuire a television comedy series that was broadcast on the Disney Channel, an American satellite and cable network aimed at children. The series originally aired from January 12, 2001 to February 14 …   Wikipedia

  • Shore Mall — infobox shopping mall shopping mall name = Shore Mall caption = location = Egg Harbor Township, New Jersey, USA opening date = 1968 developer= owner = Cedar Shopping Centers number of stores = 50+ number of anchors = 3 floor area = 620,000 ft²… …   Wikipedia

  • Sobeys — Infobox Company company name = Sobeys Inc. company company type = Private foundation = Stellarton, Nova Scotia (1907) location = Stellarton, Nova Scotia key people = William G. (Bill) McEwan, President CEO industry = Retail (Grocery)… …   Wikipedia

  • Starbucks — For other uses, see Moby Dick#Starbuck. Starbucks Corporation Type Public company Traded as NASDAQ: …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”