Search results
Zayre (/ zɛər /) 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 · From announcing $69 million operating losses on $1.4 billion revenue to disorganization and unclean stores, it was evident that Zayre needed to consider restructuring. Because TJX Companies was still yielding a profit, company leaders felt the best plan of action was to focus energy on that portion of the company.
Jul 14, 1985 · But the role is hardly altruistic. The minority urban exposure last year represented about $800 million, or 28 percent of Zayre's $3.1 billion sales. The decision to expand in the inner...
Venture stores were better for softlines and were cleaner and better organized. They usually sold a higher quality of merchandise too. Zayre was better for hardlines and had a fabric department but their stores often looked like a tornado went through them.
Dec 31, 2017 · In the mid 1980’s profits began to decline which eventually led to Zayre filing for Chapter 11 bankruptcy in 1988. The department store chain was then sold to Ames and by 1990 the Zayre name was no longer. Ames, however, kept the exterior similar to the style of Zayre at the former Zayre locations.
May 28, 2021 · Zayre was a Framingham, Massachusetts-based chain of discount stores that originated in 1956. At the time of the opening of this Chattanooga Zayre store, it was said to be the largest in the...
People also ask
Who owns Zayre stores?
Are Zayre stores altruistic?
Why did Zayre restructure?
When did Zayre go out of business?
Jul 6, 2006 · Not only has it been unable to revitalize the Zayre stores, since renamed Ames, sales at those stores have also declined about 16 percent after a series of strategic blunders. Those included...
