Still, Caldor's problems proved greater than May had anticipated, and income growth was slower than expected. The centers are in Paramus, West Orange, Woodbridge, Watchung and North Brunswick. The 1960s and 1970s were good years for Caldor. I remember Lechmere being at the mall in Danvers or Peabody, I forget which, but this place was busy. Contents 1 Under bankruptcy laws, bidders for the company would be able to assume the leases at the same rents Caldor was paying, which may be significantly below today's rents since many of the leases were negotiated years ago. Accessories. WebGoing deep into the archives, from the pre deadmalls.com era. Caldor All rights reserved. From New Hampshire . Carl Bennett and his crew were determined to see the fledgling Caldor chain become successful. As a subscriber, you have 10 gift articles to give each month. Which location? $8.34/mo. Many of the home-improvement chain's 53 stores, 40 of them in New Jersey, were taken over by Staples, the office-supply store, said Mr. Schnurr, whose firm handled the disposition of the Rickel stores. Going into 1995, Caldor was operating 158 stores in ten northeastern and mid-atlantic states. Its major holdings included Famous Barr, a chain of upscale department stores, and Venture, a retail discount chain similar to Caldor in both size and market positioning. A discount industry pioneer, Caldor predates the start of both Kmart and Wal-Mart by more than a decade. Taking over the Caldor leases is a logical move ''and allows us to enter the New York metropolitan area with a critical mass of stores,'' he said. IN recent years Caldor Inc., the discount retailer based in Norwalk, Conn., has emerged as one of the country's soundest merchandising chains. Do You Remember These 10 Massachusetts Retailers? Two of its stores -- one on Route 4 West in Paramus, the other on Route 22 in Watchung -- are already spoken for by Kohl's, a discount department store chain based in Menomonee Falls, Wis., which is looking to build its presence in the New York metropolitan area. Our products and services are meant to inspire you and maybe even make you laugh a little. The chain offered electronics, appliances, and varioushousehold goods. Despite its early entrance into the retail discount store industry, Caldor faced stiff competition from both old and new competitors. Instead, May wanted to concentrate on improving the financial performance of the chain. ''Because of the booming economy along with the fact that many Caldor stores are in prime locations, very few are expected to be hurt,'' said Ted Kraus, who heads TKO Real Estate Advisory Group, a retail consulting firm in Mercerville. And Long Island's unemployment rate of 5.9 percent, he said, is only about half the national rate. Importantly, he initiated an emphasis on soft lines, particularly clothing, thus diminishing the chain's extreme concentration on hard goods. By the early 1980s, however, the retail discount industry was becomingly increasingly competitive and, therefore, consolidated. Lee Koppelman, executive director of the Long Island Regional Planning Board, said, ''This area is a good retail market.'' Toys "" Us; Woburn, MA Toys "" Us; Woburn, Massachusetts. WebThe Caldor Shopping Center is located in Hampshire County, Massachusetts, United T-Mobile at T-Mobile Worcester Rd & Caldor Rd, Framingham, MA We want to help you find great companies. I've distorted the colors to bring it out a little better. Where is Caldor Shopping Center Essex, Massachusetts
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