Magic Mart
To clarify, this is NOT the Magic Mart stores that operated in Arkansas prior to 1983.
Magic Mart | |
Company type | Private |
Industry | Department Store |
Founded | 1920 |
Defunct | September 2, 2018[1] |
Headquarters | , |
Number of locations | 16 |
Products | Clothing, Jewelry, Hardware, Lawn & Garden, Automotive, Sporting Goods, Toys, Furniture, Small Appliances, Electronics, Home Furnishings, Pet Supplies and Limited Grocery |
Website | Archived official website at the Wayback Machine (archive index) |
Magic Mart was a chain of department/discount stores headquartered in Bluefield, Virginia. The chain was owned by Ammar's Inc., a private family-owned company.[2]
Magic Mart had stores in Eastern Kentucky, Northeastern Tennessee, Southwest Virginia, Western and Central North Carolina and southern and western West Virginia.
Company history
Magic Mart was founded by the Ammar family. In 1920, the Ammar brothers opened Ammar Brothers' Department Store in Williamson, West Virginia.[3] In 1967, the Ammars opened the first Magic Mart in Grundy, Virginia. Magic Mart became more successful and more numerous. The Ammar Brothers' Department Stores all closed by 1974.
In 1991, Magic Mart began to experiment with larger store size by expanding the Oceana, West Virginia store from 35,000 to 80,000 square feet. The largest store was in Lenoir, North Carolina at 110,000 square feet before it closed in August 2013.[4]
On July 2, 2018, Ammar's announced that difficult economic conditions and slow sales forced the closure of the company. Liquidation began around July 15, 2018, with all Magic Mart stores closed around September 1, 2018.[2]
Locations
As of August 2018[update], Magic Mart operated 17 stores in four states:[5]
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References
- ^ Moore, Annie (August 29, 2018). "Magic Mart to close all stores by Sunday". WVVA. Retrieved September 17, 2018.
- ^ a b Owens, Charles (July 2, 2018). "Ammar's, Inc. closing all Magic Mart stores, company warehouse". Bluefield Daily Telegraph. Archived from the original on July 3, 2018. Retrieved July 2, 2018.
- ^ "Our History". Magic Mart. Archived from the original on August 22, 2018. Retrieved September 17, 2018.
- ^ http://www.newstopic.net/news/local/x2119573532/The-Magic-is-gone[permanent dead link] Magic Mart pulls up stakes, relocating to Lexington
- ^ "Magic Mart". www.magicmartstores.com. Archived from the original on August 22, 2018. Retrieved August 16, 2018.
- Defunct discount stores of the United States
- Retail companies established in 1920
- Retail companies disestablished in 2018
- 1920 establishments in West Virginia
- 2018 disestablishments in West Virginia
- 1967 establishments in Virginia
- 2018 disestablishments in Virginia
- 2018 disestablishments in North Carolina
- 2018 disestablishments in Kentucky
- American companies established in 1920
- American companies disestablished in 2018