H. L. Green Company
This article needs additional citations for verification. (October 2017) (Learn how and when to remove this template message)
An H. L. Green Storefront in Atlanta, Georgia.
|Fate||Closed as part of parent company (McCrory Stores) bankruptcy in 1992.|
|Founder||Harold L. Green|
The chain was formed in 1932. The chain operated 133 retail stores as of 1935, most resulting from the acquisition of Metropolitan Chain Stores, Inc. (of which Harold Green had been president), F. & W. Grand Stores, Isaac Silver and Brothers Company, and F. & W. Grand-Silver Stores, Inc.
Harold David Kittinger, who had founded the Kittinger's chain which had merged with McLellan's, served as a company executive from 1932 until his death in 1947, at which time he was president of a chain that had grown to 200 stores. It also owned the Schulte-United department store (Canadian unit was sold to Zellers).
By 1957, the chain had 227 stores, and was beginning to locate in shopping centers. Green acquired Olen Company, a retailer based in Mobile, Alabama. Maurice Olen became President of the combined company, but left after an investigation revealed an asset shortage, leading to an investigation by the U.S. Securities and Exchange Commission, and lawsuits by the company against Olen. Olen was indicted and fined $2,500.
It acquired United Stores, which owned a significant share of McCrory Stores and McLellan Stores in 1959, but sold this in 1960 to B.T.L Corporation (which also owned Ben Franklin Stores). In 1961 McCrory Stores merged with H. L. Green, the combined company taking the McCrory name. The same week this was announced, McCrory took over Lerner Stores. H. L. Green sold its Canadian subsidiary Metropolitan Stores and some other assets at this time, reducing the number of stores in its system from 366 to 147.
H. L. Green was the subject of an important copyright legal case in the 1960s, Shapiro, Bernstein and Co. v. H.L. Green Co. (2d C 1963 p 446, in which a vendor of records in an H. L. Green store sold bootleg records.
Like many similar stores, it had segregated lunch counters in its stores in the Southern United States and became the subject of protests (including sit-ins) in the early 1960s. In the North, individual store managers occasionally took the initiative to break the color line in hiring, as occurred in the early 1950s in Newark, New Jersey.
- Leaffer, Marshall A. (2010). Understanding Copyright Law. Lexis Nexis. ISBN 9781422478912. Retrieved 18 October 2017.
- Geitner, Paul (27 February 1992). "McCrory Dime Stores File For Bankruptcy Protection". The Washington Post. Retrieved 18 October 2017.
- Jones, Amos N. (19 December 2010). "50 years ago, civil rights movement bloomed in Bluegrass". Herald Leader. Retrieved 18 October 2017.