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Carson's
Carson Pirie Scott & Co. (also known as Carson's) was an American department store that was founded in 1854, which grew to over 50 locations, primarily in the Midwestern United States. It was sold to the holding company of Bon-Ton in 2006, but still operated under the Carson name. The entire Bon-Ton collection of stores, including Carson's, went into bankruptcy and closed in 2018. Bon-Ton's intellectual property was quickly sold while in bankruptcy, and the new owners reopened shortly afterwards as a BrandX virtual retailer.
The chain began in 1854 when Samuel Carson and John Thomas Pirie first clerked in the Murray's dry goods store in Peru, Illinois, then opened their own store in LaSalle, followed by one in Amboy. In 1871, the Great Chicago Fire destroyed 60% of the store's stock.[citation needed]
John Edwin Scott operated a dry goods store in Ottawa, Illinois. He later moved up to Chicago and became the first partner of Carson and Pirie in the ownership of a dry goods store which became known as Carson Pirie Scott & Co. Two of Scott's sons, Robert L. and Frederick H., were members of the department store firm.
The flagship store on State Street in the Downtown Chicago Loop is still known as the Carson, Pirie, Scott and Company Building. Louis Sullivan designed it for department store Schlesinger & Mayer, who added to it over the years. When that company went bankrupt in 1904, they sold the building to Carson Pirie Scott in 1904, and it would remain Carson's flagship store until it was announced in August 2006 that after the 2006 Christmas season, the department store in the building would close. After holding clearance sales, Carson's closed in February 2007.
In 1961, Carson Pirie Scott & Co. greatly expanded in Illinois by purchasing the 20 unit Block & Kuhl chain headquartered in Peoria.
In 1980, to diversify its business, Carson Pirie Scott & Co. borrowed $108 million to buy Dobbs Houses, Inc., an airline caterer and owner of the Toddle House and Steak 'n Egg Kitchen restaurant chains. These were sold in 1988, as was the County Seat clothing chain.
In 1989, Carson Pirie Scott & Co. was acquired by P.A. Bergner & Co. (founded in Peoria), who operated the Bergner's, Charles V. Weise, Myers Brothers and Boston Store chains.
In 1991, P.A. Bergner & Co. filed for Chapter 11 bankruptcy; upon emerging from bankruptcy in 1993, it became a NASDAQ publicly traded company, changing its operating name to Carson Pirie Scott & Co. One year later, the company commenced trading on the NYSE under the CRP symbol.
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Carson's
Carson Pirie Scott & Co. (also known as Carson's) was an American department store that was founded in 1854, which grew to over 50 locations, primarily in the Midwestern United States. It was sold to the holding company of Bon-Ton in 2006, but still operated under the Carson name. The entire Bon-Ton collection of stores, including Carson's, went into bankruptcy and closed in 2018. Bon-Ton's intellectual property was quickly sold while in bankruptcy, and the new owners reopened shortly afterwards as a BrandX virtual retailer.
The chain began in 1854 when Samuel Carson and John Thomas Pirie first clerked in the Murray's dry goods store in Peru, Illinois, then opened their own store in LaSalle, followed by one in Amboy. In 1871, the Great Chicago Fire destroyed 60% of the store's stock.[citation needed]
John Edwin Scott operated a dry goods store in Ottawa, Illinois. He later moved up to Chicago and became the first partner of Carson and Pirie in the ownership of a dry goods store which became known as Carson Pirie Scott & Co. Two of Scott's sons, Robert L. and Frederick H., were members of the department store firm.
The flagship store on State Street in the Downtown Chicago Loop is still known as the Carson, Pirie, Scott and Company Building. Louis Sullivan designed it for department store Schlesinger & Mayer, who added to it over the years. When that company went bankrupt in 1904, they sold the building to Carson Pirie Scott in 1904, and it would remain Carson's flagship store until it was announced in August 2006 that after the 2006 Christmas season, the department store in the building would close. After holding clearance sales, Carson's closed in February 2007.
In 1961, Carson Pirie Scott & Co. greatly expanded in Illinois by purchasing the 20 unit Block & Kuhl chain headquartered in Peoria.
In 1980, to diversify its business, Carson Pirie Scott & Co. borrowed $108 million to buy Dobbs Houses, Inc., an airline caterer and owner of the Toddle House and Steak 'n Egg Kitchen restaurant chains. These were sold in 1988, as was the County Seat clothing chain.
In 1989, Carson Pirie Scott & Co. was acquired by P.A. Bergner & Co. (founded in Peoria), who operated the Bergner's, Charles V. Weise, Myers Brothers and Boston Store chains.
In 1991, P.A. Bergner & Co. filed for Chapter 11 bankruptcy; upon emerging from bankruptcy in 1993, it became a NASDAQ publicly traded company, changing its operating name to Carson Pirie Scott & Co. One year later, the company commenced trading on the NYSE under the CRP symbol.