Zayre
Defunct discount retailer in the United States / From Wikipedia, the free encyclopedia
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Not to be confused with Zaire or Zehrs Markets.
Zayre (/zɛər/) was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain. In June 1989, Zayre Corp. merged with one of its subsidiaries, The TJX Companies, parent company of T.J. Maxx, which still exists today. A number of stores retained the Zayre name until 1990, by which time all stores were either closed or converted into Ames stores.[upper-alpha 1][4]
Quick Facts Company type, Industry ...
Company type | Department store |
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Industry | Retail |
Founded | 1919 (as the New England Trading Company)[1] 1929 (as Bell Hosiery Shops)[2] September 20, 1956; 67 years ago (September 20, 1956) in Hyannis, Massachusetts |
Founders | Max Feldberg and Morris Feldberg |
Defunct | June 8, 1990; 33 years ago (June 8, 1990) |
Fate |
|
Successor |
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Headquarters | Framingham, Massachusetts |
Key people | Malcolm L. Sherman, CEO |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, kitchen spices, electronics, toys, and housewares. |
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