About: Arlan's

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An Entity of Type : yago:WikicatDefunctCompaniesBasedInMassachusetts, within Data Space : dbpedia.org associated with source document(s)
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Arlan's was an American discount store chain. Arlan's was founded in 1945 by William, Herbert, and Lester Palestine in New Bedford, Massachusetts. In 1963, executives tried to start talks with King's of Newton, Massachusetts, regarding a merger. These plans were briefly revived in 1966.

Attributes	Values
rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise yago:WikicatCompaniesDisestablishedIn1973 yago:WikicatCompaniesEstablishedIn1945 yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity organisation yago:SocialGroup107950920 yago:WikicatDefunctCompaniesBasedInMassachusetts
rdfs:label	Arlan's (en)
rdfs:comment	Arlan's was an American discount store chain. Arlan's was founded in 1945 by William, Herbert, and Lester Palestine in New Bedford, Massachusetts. In 1963, executives tried to start talks with King's of Newton, Massachusetts, regarding a merger. These plans were briefly revived in 1966. (en)
foaf:name	Arlan's (en)
name	Arlan's (en)
dcterms:subject	Defunct department stores based in Michigan Retail companies disestablished in 1973 Defunct companies based in Massachusetts Defunct discount stores of the United States American companies established in 1945 Retail companies established in 1945
Wikipage page ID	38079113 (xsd:integer)
Wikipage revision ID	1082775782 (xsd:integer)
Link from a Wikipage to another Wikipage	Colorado Defunct department stores based in Michigan Retail companies disestablished in 1973 Maine U.S. Securities and Exchange Commission Defunct companies based in Massachusetts Defunct discount stores of the United States American companies established in 1945 Cudahy, Wisconsin Discount store Target Corporation Retail companies established in 1945 New Bedford, Massachusetts
sameAs	Arlan's Arlan's Arlan's Arlan's
dbp:wikiPageUsesTemplate	dbt:End_date_and_age dbt:Infobox_company dbt:Reflist dbt:Short_description dbt:Start_date_and_age
area served	United States (en)
fate	Bankruptcy (en)
founder	(en) Herbert Palestine (en) Lester Palestine (en) William Palestine (en)
hq location city	New Bedford, Massachusetts
hq location country	United States (en)
industry	Retail (en)
has abstract	Arlan's was an American discount store chain. Arlan's was founded in 1945 by William, Herbert, and Lester Palestine in New Bedford, Massachusetts. In 1963, executives tried to start talks with King's of Newton, Massachusetts, regarding a merger. These plans were briefly revived in 1966. Arlan's opened its 50th store in Cudahy, Wisconsin in 1965. At this point, the chain had $174 million in revenue, and stores in 18 states from Maine to Colorado. It also owned 18 locations of a toy store called Play World. The chain peaked in size at 119 stores in 1970, by which time the company began experiencing heavy operating losses. The losses would later be attributed, in part, to an expansion strategy that was too geographically diverse for the chain's size, leading to inefficient distribution. In 1971, Arlan's explored the possibility of filing for bankruptcy, but it was concluded that such an action would be premature. That same year, Arlan's sold 16 stores to Target. In May 1973, two years after the resignation of co-founder Herbert Palestine, Arlan's filed for Chapter 11 bankruptcy. By that time, the chain had contracted to 73 stores. An ambitious plan to revive sales during the Christmas 1973 season, called "Mission Impossible" by company insiders and executed without disclosure to, or approval of, the court, failed to turn the chain's fortunes around and an additional 38 stores closed by January 1974. The Securities and Exchange Commission successfully petitioned the court to have the bankruptcy converted to Chapter 10. The chain continued to shrink dramatically under bankruptcy as losses mounted and Arlan's liquidated its final ten stores in early 1975 by order of the bankruptcy court. Subsequent court rulings would document various unethical practices by Arlan's legal representatives, regarding fees and a lack of candor. (en)
gold:hypernym	Arlan
prov:wasDerivedFrom	wikipedia-en:Arlan's?oldid=1082775782&ns=0
page length (characters) of wiki page	5682 (xsd:nonNegativeInteger)
fate	Bankruptcy (en)
founding year	1945-01-01 (xsd:gYear)
location city	New Bedford, Massachusetts
foaf:isPrimaryTopicOf	wikipedia-en:Arlan's
is Link from a Wikipage to another Wikipage of	List of defunct department stores of the United States Bed Bath & Beyond Arlan Cross County Mall (Illinois) Lansing elephant incident History of Target Corporation Lansing, Michigan
is Wikipage disambiguates of	Arlan
is foaf:primaryTopic of	wikipedia-en:Arlan's

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