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Carson Pirie Scott




  Company Logo
  Company Type Department Store
  Foundation 1854
  Location Amboy, Illinois
  Industry Retail
  Products Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares
  Homepage http://wwwcarsonscom/


Carson Pirie Scott & Co., known informally as '''Carson's''', is a chain of traditional Department Store s that have been in business for over 150 years. Their product price points are targeted to the moderate-to-upscale shopper. The majority of the stores are located in the Chicago Metropolitan Area , with more than 30 stores under the nameplate. But, as of February 21, 2007, the very famous downtown Chicago location closed.

The Carson Pirie Scott name is strongly associated with the historic Carson, Pirie, Scott And Company Building designed by Louis Sullivan , built in 1899 for the retail firm Schlesinger & Meyer, and expanded and sold to Carson Pirie Scott in 1904.


HISTORY


Beginnings


The chain began in 1854 when Samuel Carson opened a dry goods store in Amboy, Illinois , after he left Ireland . In 1871 , the Great Chicago Fire destroyed 60% of the store's stock. In 1961 , Carson Pirie Scott & Co greatly expanded in Illinois by purchasing the Block & Kuhl chain. By 1989 , Carson Pirie Scott & Co. was acquired by P.A. Bergner & Co., who operated the Bergner's , Charles V. Weise, Myers Brothers and Boston Store chains.


Bankruptcy

In 1991 , P.A. Bergner & Co . filed for Chapter 11 bankruptcy; upon emerging from bankruptcy in 1993 , it became a NASDAQ publicly traded company, changing its operating name to Carson Pirie Scott & Co. One year later, the company commenced trading on the NYSE under the CRP symbol.


Acqusion by Proffitt's

By 1998 , Carson Pirie Scott & Co. ownership was held by Proffitt's , Inc., (later renamed Saks Incorporated to reflect the acquisition of Saks Fifth Avenue ). The Carson Pirie Scott, Bergner's, and Boston Store chains, along with Younkers and Herberger's nameplates, eventually operated as Saks' Northern Department Store Group (NDSG), based in Milwaukee, Wisconsin . In late 2005 , however, the group was put up for sale as Saks Incorporated tried to refocus itself primarily on its core Saks Fifth Avenue stores.


Sale to The Bon-Ton

Carson's and its associated stores became part of The Bon-Ton Stores Inc. in a $1.1 billion deal completed on March 6 , 2006 . http://www.bonton.com/investor_relations/pr030606.asp The group's base of merchandising and marketing operations remains in Milwaukee.

On August 25 2006 , the CEO of Bon-Ton announced that the landmark Carson Pirie Scott store in downtown Chicago would close after the 2006 Holiday season. It will then be redeveloped by the building's owner, who purchased the property in 2001. The store closed February 21, 2007. http://chicagobusiness.com/cgi-bin/news.pl?rssFeed=news&id=21835


CURRENT LOCATIONS


Illinois



Indiana



FORMER LOCATIONS



Illinois



Indiana



Iowa



Minnesota



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