Clothing

New Balance Corporate Office

New Balance was founded in 1905 by William J. Riley as the New Balance Arch Company in Boston, Massachusetts. The company originally produced arch supports and other shoe fitments.

In 1960, the company introduced the Trackster. It was the first running shoe with a rippled sole. The product had mediocre suceess.

In 1972, current Chairman Jim Davis buys the company.

In 1975, Tom Fleming wins the Boston Marathon while wearing a New Balance 320 shoe. Runner’s World names the 320 the best running shoe on the market.

The company grew quickly for the rest of the 70s and early 80s. A slump came in the late 80s and early 90s but the company was thriving again by the mid 1990s thanks in part to public figures like Bill Clinton and Steve Jobs wearing New Balance 992’s.

Today, New Balance produces athletic footwear. Unlike many of their competitors, the majority of their shoes are produced in the USA.

New Balance

New Balance was founded in 1905 by William J. Riley as the New Balance Arch Company in Boston, Massachusetts. The company originally produced arch supports and other shoe fitments.

In 1960, the company introduced the Trackster. It was the first running shoe with a rippled sole. The product had mediocre suceess.

In 1972, current Chairman Jim Davis buys the company.

History

In 1975, Tom Fleming wins the Boston Marathon while wearing a New Balance 320 shoe. Runner’s World names the 320 the best running shoe on the market.

Today, New Balance produces athletic footwear. Unlike many of their competitors, the majority of their shoes are produced in the USA.

Famous Footwear Corporate Office

Famous Footwear is a wholly owned subsidiary of Calares, who changed its name from the Brown Shoe Company in 2015.

Famous Footwear was founded in 1960 as Neil’s Factory Shoe Outlet by Neil Moldenhauer. The first store was located in Madison, Wisconsin.

In 1963, the company hired Brian Cook to work in the stockroom. He would later become CEO.

In 1964, a second location was opened in Cedar Rapids, Iowa. This location was called Famous Footwear.

By 1974, there were 15 stores all operating as Famous Footwear. A majority stake in the chain was purchased by Cook, Dave Orfan and a group of investors.

By 1980, there were 36 stores.

In 1990, a distribution center was built in Sun Prairie, Wisconsin.

By 1993, there were 722 stores in 44 states.

In 2008, the company headquarters was shut down in Madison and all operations were moved to Brown Shoe Company headquarters in St. Louis, Missouri.

In 2018, the company reported record sales for the second quarter of 2018.

The parent company of Famous Footwear, Caleres, reported a rise in stock prices in early September 2020, most likely due to the reopening of stores after the coronavirus crisis and back-to-school shoe sales.

In October 2022, the parent company of Famous Footwear, Caleres, rolled out Dayforce Wallet, an on-demand pay solution.

Today, the chain operates over 900 stores and maintains a corporate office in St. Louis, Missouri.

Famous Footwear

Famous Footwear is a wholly owned subsidiary of Calares, who changed its name from the Brown Shoe Company in 2015.

Famous Footwear was founded in 1960 as Neil’s Factory Shoe Outlet by Neil Moldenhauer. The first store was located in Madison, Wisconsin.

History

In 1963, the company hired Brian Cook to work in the stockroom. He would later become CEO.

In 1964, a second location was opened in Cedar Rapids, Iowa. This location was called Famous Footwear.

By 1974, there were 15 stores all operating as Famous Footwear. A majority stake in the chain was purchased by Cook, Dave Orfan and a group of investors.

By 1980, there were 36 stores.

In 1990, a distribution center was built in Sun Prairie, Wisconsin.

By 1993, there were 722 stores in 44 states.

In 2008, the company headquarters was shut down in Madison and all operations were moved to Brown Shoe Company headquarters in St. Louis, Missouri.

In 2018, the company reported record sales for the second quarter of 2018.

In October 2022, the parent company of Famous Footwear, Caleres, rolled out Dayforce Wallet, an on-demand pay solution.

Today, the chain operates over 900 stores and maintains a corporate office in St. Louis, Missouri.

Mens Wearhouse Corporate Office

Men’s Wearhouse was founded in 1973 by George Zimmer. The first store was located in Houston, Texas where they company headquarters remains today.

By 1981, Zimmer had grown the chain to 12 locations. By 1985, there were 25 stores.

In 1992, the company went public. Growth of the chain exploded during the early 90s.

In 1999, the company expands into Canada with the acquisition of Moores Retail Group.

In 2000, the first K&G Women’s Superstore opens.

In 2006, After Hour Formalwear is acquired.

The company was best known for its television commercial’s featuring Zimmer stating, “You’re going to like the way you look. I GUARANTEE it.”

In 2013, founder George Zimmer is fired from his Executive Chairman position for undisclosed reasons.

In 2014, the company acquired competitor Jos. A. Banks for $1.8 billion.

Today, the chain operates over 1,l541 stores under 4 brands: Mens Wearhouse, Mens Wearhouse and Tux, K&G, and Moores Clothing. The company states that it plans to close approximately 10 locations in 2018, but declined to state which locations at this time.

Annual revenue for the company in 2016 was $3.378 billion.

Zimmerman started a new endeavor in 2022, renting tuxedo’s and the market is booming.

The company changed its name to Tailored Brands in February 2016, as well as its ticker symbol on the NYSE, which now is: TLRD. The company headquarters remain in Houston, Texas.

Men's Wearhouse

Men’s Wearhouse was founded in 1973 by George Zimmer. The first store was located in Houston, Texas where they company headquarters remains today.

By 1981, Zimmer had grown the chain to 12 locations. By 1985, there were 25 stores.

History

In 1992, the company went public. Growth of the chain exploded during the early 90s.

In 1999, the company expands into Canada with the acquisition of Moores Retail Group.

In 2000, the first K&G Women’s Superstore opens.

In 2006, After Hour Formalwear is acquired.

The company was best known for its television commercial’s featuring Zimmer stating, “You’re going to like the way you look. I GUARANTEE it.”

In 2013, founder George Zimmer is fired from his Executive Chairman position for undisclosed reasons.

In 2014, the company acquired competitor Jos. A. Banks for $1.8 billion.

Annual revenue for the company in 2016 was $3.378 billion.

Zimmerman started a new endeavor in 2022, renting tuxedo’s and the market is booming.

The company changed its name to Tailored Brands in February 2016, as well as its ticker symbol on the NYSE, which now is: TLRD. The company headquarters remain in Houston, Texas.

Belk Corporate Office

Belk was founded by William Henry Belk in 1888 in Monroe, North Carolina. The store was originally called New York Racket and then renamed to Belk Brothers.

In 1908, the company headquarters was moved to Charlotte, where it remains today. A huge flagship store was built where the Bank of America Corporate Center now stands.

In 1921, the Belks begin partnering with the Leggett brothers to open new stores.

In 1952, the company opens its first shopping center in Florida.

In 1956, department store chain Efird is acquired.

In 1988, a new corporate headquarters is constructed in Charlotte.

In 1998, the company consolidates its 112 brands to form Belk Inc.

In 2004, John M. Belk retires as CEO after 50 years of leading the company. He is replaced by Thomas Belk.

In April of 2015, Belk was sold to a private equity firm, Sycamore Partners. Since then, it has laid off more than 200 persons from the corporate office and slashed jobs across the board at all 300 store locations.

In June 2018, the company was listed as one of the three worst employers to work for in North Carolina.

Today, there are over 300 Belk department stores in the US.

Headquarters remain in Charlotte, North Carolina, at this time.

Belk

Belk was founded by William Henry Belk in 1888 in Monroe, North Carolina. The store was originally called New York Racket and then renamed to Belk Brothers.

In 1908, the company headquarters was moved to Charlotte, where it remains today. A huge flagship store was built where the Bank of America Corporate Center now stands.

History

In 1921, the Belks begin partnering with the Leggett brothers to open new stores.

In 1952, the company opens its first shopping center in Florida.

In 1956, department store chain Efird is acquired.

In 1988, a new corporate headquarters is constructed in Charlotte.

In 1998, the company consolidates its 112 brands to form Belk Inc.

In 2004, John M. Belk retires as CEO after 50 years of leading the company. He is replaced by Thomas Belk.

In June 2018, the company was listed as one of the three worst employers to work for in North Carolina.

Today, there are over 300 Belk department stores in the US.

Headquarters remain in Charlotte, North Carolina, at this time.

Rue 21 Corporate Office

Rue 21 was originally known as Pennsylvania Fashions Inc. Pennsylvania Fashions Inc filed for bankruptcy in 2002. The 250 store chain was purchased by Saunders Karp & Megrue and renamed to Rue 21.

In 2009, the company opened its 500th location and went public.

In 2011, the company announced it would double the size of its distribution center in Weirton, West Virginia.

By 2012, there were 800 stores.

In 2013, the 900th store was opened.

Today, there are 1,213 Rue 21 stores in 48 US states. The company is a discount retailer of young adult clothing and accessories.

Rue 21

Rue 21 was originally known as Pennsylvania Fashions Inc. Pennsylvania Fashions Inc filed for bankruptcy in 2002. The 250 store chain was purchased by Saunders Karp & Megrue and renamed to Rue 21.

In 2009, the company opened its 500th location and went public.

In 2011, the company announced it would double the size of its distribution center in Weirton, West Virginia.

History

By 2012, there were 800 stores.

In 2013, the 900th store was opened.

Today, there are 1,213 Rue 21 stores in 48 US states. The company is a discount retailer of young adult clothing and accessories.