Foley's
Federated Department Stores, Inc (1947–1988, 2005–2006) (1988–2005)The May Department Stores Company |
Foley's was a regional
History
This company was founded in 1900 by brothers Pat and James Foley, in
In 1961, Foley's opened its first branch store at the Sharpstown Shopping Center and continued to add Houston branches over the next five decades. In the 1970s, Foley's opened stores in
In 1988, Federated was purchased by real estate developer
Over the next decade, May spent heavily to build new stores, replace outdated stores and refurbish existing stores. In 1993, May Department Stores consolidated
Foley's was re-acquired by
The former Downtown Houston Foley's store was demolished on Sunday, September 22, 2013.[7]
Timeline
1900s – 1951
1900: Foley Brothers was opened by brothers Pat and James Foley, two young and enterprising Irishmen, on February 12 with $2000 borrowed from an uncle. The 1,400-square-foot (130 m2) store located at 507 Main Street in
1905: With business booming, Pat and James purchased the building next door and added ready-to-wear clothing for women and children as well as millinery.
1911: The store moved to the 400 block of Main Street and was incorporated with capital of $150,000 (~$3.57 million in 2023).
1916: Foley Brothers ranked third in retail volume in Houston with $400,000 (~$7.74 million in 2023) in sales. The original 10 employees had grown to 150, and the company had 750 active charge accounts and 23,000 square feet (2,100 m2) of space.
1917: Pat and James sold Foley Brothers to George S. Cohen and George's father, Robert, a
1922: Foley Bros. moved into a three-story building next door to 400 Main Street. Later that year, the store became the city's largest department store. Shoes, a beauty shop, and radio sets were included.
1941: When the United States entered World War II, Foley Bros. diverted the efforts of the advertising and personnel departments to bond drives and other wartime services. All sales promotions were suspended during this time.
1945:
1947: Foley's opened at 1110 Main Street on October 20 in downtown Houston.[8] Federated spent $13 million to build this new store, which was heralded by the press as the nation's "most modern department store".
1951: The first official Foley's
1960–1999
1960–1967:
1971–1979: Memorial City and Greenspoint opened in Houston, and Highland Mall opened in Austin.
1980–1987: San Jacinto, North Star, Willowbrook, Barton Creek, West Oaks, Ingram Park , Deerbrook, Post Oak, College Station, and Padre Staples opened.
Federated merges Foley’s and Dallas-based
1988: The
from Federated.1989-1991: Rolling Oaks Mall (San Antonio), The Parks at Arlington (Arlington), Tucson Mall, and Vista Ridge Mall (Lewisville) opened
1993: The
1994–1998: Mall of Mainland, Temple, Woodlands, Northwest Austin, Sugar Land, Northwest Albuquerque, Laredo, and Park Meadows opened. Fort Collins reopened after extensive remodeling. Purchased Jones & Jones in McAllen, Texas, and converted to Foley's.
2000–2006
2000–2004: NorthPark Center, Broomfield, Hurst,
2004: The
2005: La Cantera (San Antonio), Firewheel Shops (Garland), and Centerra (Loveland CO) opened. May and Federated Department Stores, Inc. announced plans to merge. The transaction closed in the third quarter, as a result of the merger Federated also in the process reacquired two of their former Department store chains Foley's & Filene's (Which Federated originally sold to May Company.) putting them back under the Federated Department Stores corporate umbrella for the first time since 1988.[citation needed]
2006: Domain Mall (Austin), and Northfield Stapleton (Denver CO) opened. On February 1, 2006, the Foley's organization in Houston was dissolved and operation of its locations in
See also
Further reading
- Tomkins-Walsh, Teresa (July 2014). "Remembering Foley's" (PDF). 11 (3). Houston History Magazine: 31–35.
{{cite journal}}
: Cite journal requires|journal=
(help)
References
- ^ "Houston Chronicle - Foley's Begins To Fade As Macy's Steps Up". Retrieved 2009-01-31.
- ^ a b Goldman, Abigail (2006-09-08). "Hundreds of Stores to Get Different Name -- Macy's". Los Angeles Times. Retrieved 2023-03-23.
- ^ a b Kaplan, David (2005-02-28). "Macy's swallowing up Foley's". Chron. Retrieved 2023-03-23.
- ^ Bivins, Ralph. "Houston's Foley's sold to May chain." Houston Chronicle. Wednesday, May 4, 1988. Business Section, 1.
- ^ "Street Tal – Tucson Citizen Morgue, Part 2 (1993-2009)". tucsoncitizen.com.
- Houston Business Journal. Friday, April 14, 2006. Retrieved on October 20, 2009.
- ^ Wang, Yang. "Macy's building comes down with a bang." Houston Chronicle. September 22, 2013. Retrieved on September 24, 2013.
- ^ "GBA 2005 | Foley's". Archived from the original on 2007-09-28. Retrieved 2007-07-04.
External links
- "Foley's". Archived from the original on 2001-05-16. Retrieved 2016-10-09.