K's Merchandise Mart
Template:Short description Script error: No such module "Infobox".Script error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". K's Merchandise Mart, Inc. (usually known as simply K's Merchandise) was a catalog showroom department store based in Decatur, Illinois.[1] It offered furniture, jewelry, and general merchandise, including electronics, at 17 locations in 5 Midwestern states at the time of its closing.[2][3]
K's was founded in 1957 by Raymond "Ray" Eldridge Sr. and his brother Kay.[2][1] However, by the 2000s, competition from big box stores had eroded K's sales for years, though it had 17 locations in Illinois, Indiana, Iowa, Missouri, and Kentucky. Boston's Gordon Brothers Group took over the company from the original family, appointing Bill Weinstein as president. After an attempt at turning around the stores' operations, K's announced on October 3, 2006, that it would liquidate and close to pay off its creditors in full.[2]
K's Merchandise also operated four chain stores by the name of Bargains Only, with locations in Mt Zion, Champaign, Springfield and Peoria, Illinois. These stores closely resembled a TJ Maxx style offering, with clothing, household goods and furniture. They closed in front of their parent stores, with the final store closing in October 2006 in Mt. Zion.
References
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- Pages with script errors
- Catalog showrooms
- Retail companies established in 1957
- Buildings and structures in Decatur, Illinois
- Defunct department stores based in Illinois
- Retail companies disestablished in 2007
- Defunct companies based in Illinois
- Companies based in Macon County, Illinois
- 1957 establishments in Illinois
- 2007 disestablishments in Illinois