Zody's
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| Former type | Department store |
|---|---|
| Industry | Retail |
| Fate | Bankruptcy; sold to Ralphs |
| Founded | 1960, Los Angeles, California |
| Defunct | 1986 |
| Headquarters | Arizona, California, Michigan, Nevada, New Mexico |
| Key people | Samuel S. Wurtzel, Alan Wurtzel (founders) |
| Products | Clothing, foodwear, bedding, furniture, jewelry, beauty products, electronics and housewares. |
Zodys was a chain of discount retail stores that operated in the United States from 1960 to 1986. The chain operated locations in California, Arizona, Nevada, New Mexico, and Michigan.
The first store in this Southern California-based discount chain opened June 13, 1960, in Garden Grove, California. By 1969, there were nineteen stores. In 1972, the Hartfield-Zodys parent company acquired the Yankee Discount Stores chain of Flint, Michigan, briefly re-branding the stores as Yankee-Zodys, and later as Zodys.[1] The Michigan stores proved unprofitable, and were sold off in 1974 when Hartfield-Zodys filed for Chapter 11 bankruptcy protection.[1] A brief period of prosperity brought expansions into Arizona, Nevada and New Mexico. In 1979, there were thirty-seven stores.
Bankrupt again by the early 1980s, the parent company, now known as HRT Industries, began closing stores in 1984. The remaining Zodys stores in California were shuttered in March 1986, with many locations being sold Federated Stores, the parent company of the Ralphs, a supermarket chain.
[edit] References
- ^ a b Flinn, Gary (2004-02-20). "Hamady Sacks and Yankee Hats". Flinn's Journal. http://home.comcast.net/~steelbeard1/flinn022004.htm. Retrieved 2007-10-03.