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Rich's Department Stores

Former type	Discount Department Store
Fate	Bankruptcy
Founded	1962
Defunct	1997
Headquarters	Salem, Massachusetts
Industry	Retail
Products	Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares.
Website	None

Rich's, a former family owned business established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts, USA. The Rich family once operated 29 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.

[edit] History

Rich's, founded by Jerry Rich, had employees who often stayed for long periods of time. Beverly Raymond was a Supervisor of Cashiers for almost 30 years in the Nashua store. Her manager, Loren Swindell, managed in Nashua for over 20 years, after a short stint with JM Fields.

Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs in late February 1997 after the chain went bankrupt on March 14, 1996.

[edit] See also

• Ames
• Ann & Hope
• Bradlees
• Caldor

[edit] External links

• Discounters from Woolworth to Wal-Mart

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Rich's was founded by Morris Rich