Who owns end of century new york

I have to admit: I do like my designer shoes, but I like them even better at 50 percent off. While the rest of the retail world undergoes an extraordinary upheaval, one legendary New York department store chain, Century 21, is slowly expanding its footprint.

No pun intended! Plus: Target misses the mark Welcome to the urban burbs. Headquartered in Manhattan, the Century 21 department store chain is famous around the world for offering top-name designer merchandise at a 40 to 65 percent discount and is one of the most successful department store chains in terms of sales per square foot. Now, the company has announced new outlets in Pennsylvania and Florida. Market conditions are right for this legendary retailer.

So, one would assume Century 21 will continue to expand. One of the most refreshing things about this story is that Century 21 has basically stuck to its original business plan throughout the years. From the beginning, Century 21 has offered designer clothing for men, women and children, along with cosmetics, handbags, shoes, lingerie, housewares, luggage and gifts.

The chain has a cult-like following of shoppers that includes fashionistas, bargain hunters and tourists from around the world. There are new arrivals every day, and unlike some of its competitors, the company features merchandise that is very much in season. You can also get your staples and basics here, including athletic socks, underwear, T-shirts, gloves and scarves. Century 21 is an interesting case study: While the rest of the retail industry is in the throes of a tremendous upheaval, Century 21 continues to grow.

Prior to this announcement, Century 21 had always preferred to own its buildings; the opportunity had to have been too good to turn down. In April , Century 21 announced that it had signed a lease for a 85, SF store in Sawgrass Mills in South Florida, the first new location outside of the Northeast.

It is scheduled to open in fall Shoppers have no complacency. A fifth plant was launched in to manufacture Century's LTD Collection, a mid-priced upholstery line.

This 70, square foot facility, located in Longview adjacent to the Chair plant, was connected in to the Chair plant and resulted in greater efficiencies for both product lines. Today the 85, square foot showroom takes up the entire fifth floor of the building, where Century's full line of furniture is shown during the semi-annual International Home Furnishings Market each April and October. In Century's Leather Division was created under the Upholstery Division and operated in its own facility in Longview.

This unit was later merged into the LTD facility for improved operating efficiency. Following the passing in November of Century's founder, his son Harley F. On December 31, , he turned over the presidency of Century and, along with his brother Alex and sister Nancy, retired from the company's day-to-day operations. All remained on the Board of Directors. Bob E. In Century acquired two companies and formed new divisions. The Heirloom Division produced high-end custom upholstery, and later wood items as well, for the professional design trade.

The former Chaircraft Company, maker of mid-priced chairs for the hospitality industry, was acquired as Century's new Contract Division and was merged into Chair plant production.

After the decision was made to focus only on the upper end of the contract business, the brand name was dropped. It was the largest ESOP implemented in the nation that year. On January 1, Century underwent a major transformation for doing business in the 21st century. SAP provides rapid, comprehensive, up-to-the-minute information for management analysis and action plus customer visibility of product availability and order tracking. Also at that time, Robert J. For the next seven years, Maricich and the CV Industries Board steered the company through a downturn when much manufacturing moved overseas and many U.

Meanwhile, Century capitalized on its strengths and expanded its efforts in the professional design market while increasing their customers' options for customizing the product. In January , Maricich left Century and the manufacturing sector. In , the Board named Eric S. Schenk to the leadership post at Century. Shuford who was a huge supporter and contributor to many of the civic projects in Hickory, NC and surrounding areas.

Lead by VP of Global Logistics, Roger Jones, Century implemented a responsible purchasing policy, which certifies that the wood Century buys comes from sustainably managed forests. The company continues to lead the industry in their efforts to develop processes for ensuring good stewardship of our natural resources. The acquisition positions the company as the largest manufacturer in the high-end segment of the furniture market.

The company also purchased a key building in Longview, NC in which they have consolidated all of their shipping allowing for better service and delivery to their retail and designer partners. Today the Rock House Farm family of brands consists of over 1, associates with a management team conditioned for growth.

Continually investing in product design, customer service, technology, and its people, the company is meeting the challenges of today while planning for the opportunities of the future.