Merry-Go-Round (retailer)

Merry-Go-Round was a national clothing retail chain owned by Merry-Go-Round Enterprises, Inc., that thrived from the 1970s through the early 1990s. The chain fell into bankruptcy during the mid-1990s, and eventually ceased operation in 1996.[2] It was famous for its ability to profit from short-lived fashion fads[1] and also owned men's clothing retailers Silverman's, by purchasing 273 stores from Retail Ventures, Inc. (RVI), parent of American Eagle Outfitters, in 1989. In 1993, it purchased the Chess King clothing chain from the Melville Corporation.[3] It filed for Chapter 11 bankruptcy in 1994 and closed in 1996. At its end, the company operated just over 500 locations,[2] primarily in enclosed malls.[1]

Merry-Go-Round
Public[1]
IndustryRetail
FounderLeonard Weinglass[1]
Harold Goldsmith[1]
Headquarters,
United States[1]
Number of locations
536 stores (1996)[2]
Area served
North America
ProductsClothing
ParentMerry-Go-Round Enterprises, Inc.

MainStreet.com listed it in 2011 among brand names "gone but not forgotten".[4]

Their mid-80s, commercials were famous for parodying Quiet Riot's "Cum On Feel the Noize", and featured teens and young adults walking down a hallway with massive sized speakers blaring the song, but unlike the boy in the music video for the original song, they seem to enjoy the music as they walk down the hall to the store.

References

  1. "Merry-Go-Round Enterprises, Inc". Fundinguniverse.com. Retrieved December 10, 2011.
  2. Steinhauser, Jennifer (February 3, 1996). "Bankrupt Merry-Go-Round Decides to Go Out of Business". The New York Times. NYTimes.com. Retrieved 2014-02-06.
  3. Dresser, Michael (March 18, 1993). "Merry-Go-Round to buy Chess King; Joppa-based retailer to grow nearly 50%". The Baltimore Sun. Retrieved 2014-03-28.
  4. Mont, Joe (August 15, 2011). "10 Brand Names Gone, But Not Forgotten". Mainstreet.com. Archived from the original on September 27, 2011. Retrieved 2014-02-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.