Deb Shops was founded in 1932 in Philadelphia, Pennsylvania, by Philip Rounick and Aaron Weiner. The original name of the company was JOY Hoisery. The company’s main focus at that time was nylons and intimate wear for women.
The company expanded greatly during the 1950’s and 1960’s, opening locations in neighborhood shopping centers. In the early 1970’s, the company decided to change direction and open larger stores, offering clothing, shoes, and accessories to their line up. It was at this time that they changed the company name to Deb Shops.
Deb Shops has had serious financial problems since the recession of 2008. The company filed for bankruptcy in 2011 and then again in 2014. The company was forced to close all 295 locations. Today, Deb Shops operates strictly as an online and catalog retailer.
Deb ShopsDeb Shops was founded in 1932 in Philadelphia, Pennsylvania, by Philip Rounick and Aaron Weiner. The original name of the company was JOY Hoisery. The company’s main focus at that time was nylons and intimate wear for women.
The company expanded greatly during the 1950’s and 1960’s, opening locations in neighborhood shopping centers. In the early 1970’s, the company decided to change direction and open larger stores, offering clothing, shoes, and accessories to their line up. It was at this time that they changed the company name to Deb Shops.
Deb Shops has had serious financial problems since the recession of 2008. The company filed for bankruptcy in 2011 and then again in 2014. The company was forced to close all 295 locations. Today, Deb Shops operates strictly as an online and catalog retailer.
