C. R. Anthony Co.
|Products||Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. Also, material, patterns and other sewing products.|
C.R. Anthony Co., stores branded as Anthony's, was a chain of department stores founded in 1922 in Cushing, Oklahoma by C.R Anthony. Anthony's was acquired by Stage Stores Inc. in 1997 and most stores were rebranded as Stage.
Charles Ross Anthony, better known as C.R. Anthony, was born near Trenton, Gibson County, Tennessee on August 10, 1885 and moved to Oklahoma as a young man. He was a delegate to the Democratic National Convention from Oklahoma in 1956 and a Rotary member. He was named to the Oklahoma Hall of Fame.
The Dixie Store
The Dixie Store prospered during the Great Depression.
By 1947 C.R. Anthony changed the name of his 75 store chain to Anthonys.
By 1950 there were Anthonys in Oklahoma, Texas, New Mexico, Nebraska, Kansas, and Arkansas.
By 1964 there were 300 stores, mostly west of the Mississippi River.
$100 million in sales in 1973.
$200 million in sales in 1978.
C.R. Anthony retires
In 1985 Anthony's introduced its own credit card.
At its peak Anthony's had 300 stores in 20 states with $411 million in sales.
Anthony's was once the largest privately owned firm headquartered in Oklahoma.
Bob Anthony remained president of Anthony's until 1987 when the company's shareholders voted to sell it to an investor group sponsored by Citicorp Venture Capital.
C.R. Anthony Company (Nasdaq: CRAU)
Anthonys filed for Chapter 11 bankruptcy in 1991 after bank lenders refused to fund seasonal line of credit after technical default on a loan At the time it operated 182 stores in the United States. It emerged from bankruptcy in 1992.
Sold to Stage Stores Inc.
In 1997 Stage Stores Incorporated acquired C.R. Anthony's. It rebranded most of the stores with the Stage name and closed the remaining. At the time of the merger Anthony's operated 226 stores in 14 states and opened 13 more before the buyout was complete.
- Kestenbaum, Lawrence, The Political Graveyard: Index to Politicians - Anthony, June 16, 2008 (accessed May 4, 2010)
- Shottenkirk, Marcia (January 22, 2007). "The Century Club: C.R. Anthony". The Oklahoma City Journal Record
- Anthony, Bob. "Oklahomans for Anthony: For the Record: Bob in Business at the C.R. Anthony Company". Retrieved November 17, 2008.
- Page, David (March 6, 1997). "Buyout brings end to C.R. Anthony". The Oklahoma City Journal Record
- "Stage Stores and C.R. Anthony Company Announce Merger Plans". Business Wire (in English). March 5, 1997. Retrieved November 17, 2008.
- Bob Anthony's Career at the C.R. Anthony Company
- Encyclopedia of Oklahoma History and Culture - Anthony's
- Voices of Oklahoma interview with Bob Anthony. First person interview conducted on April 27, 2010, with Bob Anthony, grandson of C.R. Anthony and the third president of Anthony’s. Original audio and transcript archived with Voices of Oklahoma oral history project.
- Gilbert Hill, Tending to Business (N.p., 1979). Oklahoma City (Oklahoma) Times, 16 June 1976.
- Page, David. C.R. Anthony's earnings up. The Oklahoma City Journal Record. March 19, 1997.
- Stewart, Roy P. and Woods, Pendleton. One of a Kind: The Life of C.R. Anthony Western Heritage Books (1981) 228. ISBN 0-86546-019-1, ISBN 978-0-86546-019-5