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Zayre (/ z ɛər /) was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain.
Jan 7, 2023 · Zayre: The Story of Humble Beginnings and a Bittersweet End. Zayre was a household name for many folks in the eastern United States for over three decades. Founded in 1956, the discount store chain quickly gained popularity for its wide selection of affordable goods and convenient locations.
Zayre. In 1977, the first TJ Maxx store opened in Auburn, Massachusetts as part of the discount department store chain Zayre. In June 1987, Zayre established The TJX Companies as a subsidiary. In the first half of 1988, Zayre stores had operating losses of $69 million on sales of $1.4 billion.
In 1987, Zayre forms a new entity called The TJX Companies, Inc., with T.J. Maxx, Hit or Miss, and Chadwick’s of Boston as the initial retail banners. Following Zayre’s reorganization in 1989, TJX becomes the successor company with Ben Cammarata serving as Chief Executive Officer and President.
Apr 9, 2021 · Zayre was a discount store that operated on the east coast from 1956 until 1990. In 1988, parent company Zayre Corp. sold stores to Ames and merged with the TJX Companies, which is the parent company of TJ Maxx.
Nov 16, 2021 · Zayre was a massive northeastern discount department chain that was founded in 1919 as a women's fashion store. The coming decades saw very substantial growth for the chain, however in the 1980...
Dec 31, 2017 · Remember Zayre department store? Russian immigrant brothers Max and Morris Feldberg began a hosiery business in 1919 in Chelsea, Massachusetts. When sales began to decline, they ventured out to create a new discount department store.
