Melville Shoe Corporation
Appearance
Industry | Footwear |
---|---|
Founded | 1892 |
Founder | Ward Melville |
Defunct | 1922 |
Successor | Melville Corporation (now CVS Corp) |
Headquarters | , United States |
The Melville Shoe Corporation of Harrison, New York[1] opened for business as a small shoe company in 1892[2] and was incorporated in 1916. From its inception through 1923 the company never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.[3]
Melville Corporation
In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate.[2] One of that firm's subsidiaries, the Meldisco Company, operated shoe departments in Kmart stores in the early 1980s.[4]
References
- ^ Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
- ^ a b Steinhauer, Jennifer (October 25, 1995). "Melville Plans To Split Into 3 Companies". The New York Times. Retrieved February 1, 2018.
- ^ Chain Shoe Store's Rapid Growth, Wall Street Journal, December 20, 1923, pg. 9.
- ^ Kmart Reports Profit Rose 6.9% In Its 2nd Period, Wall Street Journal, August 18, 1982, pg. 12.
Categories:
- Clothing companies established in 1892
- American companies established in 1892
- Shoe brands
- Shoe companies of the United States
- Defunct manufacturing companies based in New York (state)
- 1892 establishments in New York (state)
- 1922 disestablishments in New York (state)
- American companies disestablished in 1922