Which iconic retailer known for catalog sales closed in 1986?
Montgomery Ward
Woolworth
Gimbels
Mervyn’s
Gimbels, an iconic department store known for its catalog sales, closed its doors in 1986 after struggling with competition and declining sales.
What was the name of the department store chain that shut down in 1987?
Caldor
Bonwit Teller
Korvettes
Ames
Bonwit Teller, a luxury department store chain, closed in 1987 due to financial difficulties and inability to compete with other high-end retailers.
Which company, famous for its cars, declared bankruptcy in 1982?
DeLorean
AMC
Pontiac
Studebaker
DeLorean Motor Company, famous for its futuristic-looking cars, declared bankruptcy in 1982 due to financial issues and legal troubles of its founder, John DeLorean.
What electronics retailer closed down in 1989 after facing stiff competition?
Circuit City
RadioShack
Crazy Eddie
The Wiz
Crazy Eddie, known for its aggressive advertising and deep discounts, closed in 1989 due to severe financial mismanagement and competition from larger electronics retailers.
Which airline ceased operations in 1987 due to financial struggles?
Eastern Air Lines
Pan Am
Braniff International
TWA
Braniff International, known for its colorful planes and innovative marketing, ceased operations in 1987 after struggling with debt and competition.
What discount department store chain closed its doors in 1981?
Zayre
Woolco
Bradlees
TG&Y
Woolco, the discount department store chain, closed in 1981 after failing to compete effectively with other discount retailers like Kmart and Walmart.
Which toy store giant filed for bankruptcy in 1989?
Child World
Toys “R” Us
FAO Schwarz
Lionel Kiddie City
Child World, once a major toy retailer, filed for bankruptcy in 1989 due to financial difficulties and stiff competition from Toys “R” Us.
What chain of grocery stores ceased operations in 1983?
A&P
Safeway
Alpha Beta
Pantry Pride
Pantry Pride, a chain of grocery stores, ceased operations in 1983 after struggling with profitability and market competition.
Which fast-food chain known for roast beef sandwiches closed many stores in the 1980s?
Rax
Hardee’s
Roy Rogers
Burger Chef
Rax, known for its roast beef sandwiches, closed many stores in the 1980s due to declining sales and competition from larger fast-food chains.
What technology company went bankrupt in 1984 after rapid expansion?
Commodore
Atari
Osborne
Tandy
Osborne Computer Corporation, known for its early portable computers, went bankrupt in 1984 after rapid expansion and competition from other personal computer manufacturers.
Which computer retailer filed for bankruptcy in 1989?
Tandy
Gateway
ComputerLand
Egghead Software
Egghead Software, a major computer retailer in the 1980s, filed for bankruptcy in 1989 due to increased competition and changing market conditions.
What department store chain known for its ‘Red Tag’ sales closed in 1986?
Caldor
Hills
Best Products
Kresge
Best Products, known for its ‘Red Tag’ sales and catalog showroom format, closed in 1986 after struggling with declining sales and increased competition.
Which airline ceased operations in 1982 after financial difficulties?
Pan Am
National Airlines
Western Airlines
Eastern Air Lines
National Airlines ceased operations in 1982 due to financial difficulties and was subsequently merged into Pan American World Airways.
Which chain of bookstores went bankrupt in 1989?
Crown Books
Waldenbooks
Borders
B. Dalton
Crown Books, a major bookstore chain, went bankrupt in 1989 due to competition from larger retailers and the rise of discount book selling.
What discount retailer, known for its ‘Turnabout’ stores, closed in 1987?
Service Merchandise
E. J. Korvette
Venture
Jamesway
E. J. Korvette, a discount retailer known for its ‘Turnabout’ stores, closed in 1987 due to financial losses and increased competition from other discount retailers.
Which electronics chain famous for its slogan ‘The Customer’s Always Right’ closed in 1987?
The Wiz
Crazy Eddie
Loehmann’s
Silo
Silo, an electronics chain famous for its slogan ‘The Customer’s Always Right,’ closed in 1987 due to financial difficulties and competition from larger retailers.
What large grocery chain known for its ‘double coupons’ policy went out of business in 1982?
A&P
Kroger
Skaggs
Delchamps
Skaggs, a large grocery chain known for its ‘double coupons’ policy, went out of business in 1982 due to financial struggles and competition from larger grocery chains.
Which major toy retailer filed for bankruptcy in 1986?
Kay-Bee Toys
FAO Schwarz
Lionel Kiddie City
Child World
Lionel Kiddie City, a major toy retailer, filed for bankruptcy in 1986 due to increased competition from other toy retailers and financial mismanagement.
Which department store known for its ‘bargain basements’ closed in 1984?
Woolworth
Gimbels
Hess’s
Mervyn’s
Woolworth, known for its ‘bargain basements’ and variety store format, closed many of its stores in 1984 as it struggled to compete with larger discount retailers.
What furniture retailer famous for its ‘Warehouse’ concept closed in 1986?
Levitz
Wickes
Scandinavian Design
Seaman’s
Levitz, a furniture retailer famous for its ‘Warehouse’ concept, closed in 1986 due to financial difficulties and competition from other furniture retailers.
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Business History Buff
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