Renys

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Renys
Type Private
Industry Retail
Founded 1949
Founder(s) Robert H. Reny
Headquarters Newcastle, Maine, United States
Number of locations 17[1] (headquarters + retail stores)
Website renys.com

R.H. Reny, Inc.,[2] doing business as Renys: A Maine Adventure, is a chain of department stores located throughout the state of Maine, and that has been a part of Maine culture since 1949. Robert H. Reny opened his first store in Damariscotta, Maine. In 2004, two of his sons began running the chain.

In Fortune Magazine's Small Business column, Renys was cited as an example of a small business doing well in the face of competition from Walmart. Renys management studied the competition and realized the company could have an advantage in clothing. Renys purchases small lots of high quality brands at a discount by buying production overruns, closeouts, irregulars, and factory seconds.[3]

The company headquarters and distribution center are located in Newcastle. There are 16 retail store locations: Bath, Belfast, Bridgton, Camden, Damariscotta (two stores), Dexter, Ellsworth, Farmington, Gardiner, Madison, Pittsfield, Portland, Saco, Topsham, and Wells.[1][4][5]

External links[edit]

References[edit]

  1. ^ a b "Renys Locations". Renys. Retrieved 18 August 2011. 
  2. ^ Renys official web site
  3. ^ Hyatt, Joshua (2004-09-01). "Beat The Beast". FORTUNE Small Business. Retrieved 2006-04-30. 
  4. ^ Murphy, Edward D. (21 December 2010). "Out goes Bean, in comes Renys". Portland Press Herald. Retrieved 21 March 2011. 
  5. ^ Moore, Darcie (14 April 2011). "Renys planning store in Topsham". The Times Record. Retrieved 18 April 2011.