Continuous Flow of Floor Space Carson Pirie Scott

Boston Store Company History Timeline

1864

By 1864 Carson & Pirie had entered the Chicago market with a wholesale operation on downtown Lake Street.

1890

In 1890 Carson and Pirie took on a new partner, Robert Scott, son of another Irish immigrant who had worked at the Amboy store.

1911

In 1911, a five-story building was built on the downtown site with an entrance onto West Michigan Street.

1938

P.A. Bergner & Company had been owned by the Swiss firm Maus Freres since 1938.

1953

In 1953 it became the first department store chain to sell insurance policies to its customers.

1961

In 1961, Carson Pirie Scott & Co. greatly expanded in Illinois by purchasing the 20 unit Block & Kuhl chain headquartered in Peoria.

1971

By 1971 annual sales stood at around $250 million.

1979

Baytree then upped its offer. Its head, Gilbert Granet, had made unsuccessful bids for a slew of retailers, including Gimbels and B. Altman, only to land the ailing Weiboldts, which had not shown a profit since 1979.

1980

In 1980 the company made a major acquisition to further diversify its business away from retailing.

1982

While earnings from department stores fell, airline catering and restaurants contributed over 50 percent of the company's operating earnings by 1982.

Sales per square foot went from $84 in fiscal 1982 to $133 the next year.

1983

Carson's found a new chief executive in 1983; former Federal Express Corporation president Peter Wilmott.

1984

County Seat was a chain of casual-wear stores with 269 units in 33 states. Its sales for 1984 were close to $200 million, and its acquisition put Carson's revenues over $1 billion.

1985

Carson Pirie Scott's sales rose to $1.3 billion in 1985.

1988

These were sold in 1988, as was the County Seat clothing chain.

1993

And Younkers, like Carson, had emerged from bankruptcy in 1993.

1994

In late 1994, Carson's initiated an acquisition bid for another midwestern department store chain, the Des Moines-based Younkers.

1995

Sales were sluggish for most of 1995, but the recently renovated stores showed improved performance.

1996

As the proceedings dragged on, Carson raised its bid to $20 per share and promised to reseat its board candidates at the May, 1996 shareholder meeting.

2005

In late 2005, however, the group was put up for sale as Saks Incorporated tried to refocus itself primarily on its core Saks Fifth Avenue stores.

2013

The chain expanded into Metro Detroit in 2013 with the conversion of three Parisian stores.

2021

As of November, 2021 Carson's website is preparing for another relaunch by BrandX who has also acquired the Stage Store trademarks.

Company Founded

Headquarters

Milwaukee, WI

Company Headquarter

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Zippia gives an in-depth look into the details of Boston Store, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Boston Store. The employee data is based on information from people who have self-reported their past or current employments at Boston Store. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Boston Store. The data presented on this page does not represent the view of Boston Store and its employees or that of Zippia.

Boston Store may also be known as or be related to Boston Store, CARSON PIRIE SCOTT and Carson Pirie Scott & Co.


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