Melville Shoe Corporation

From The Right Wiki
Jump to navigationJump to search
Melville Shoe Corporation
IndustryFootwear
Founded1892; 133 years ago (1892)
FounderFrank Melville
Defunct1922 (1922)
FateOperating
SuccessorMelville Corporation (now CVS Corp)
Headquarters
Harrison, New York
Area served
United States
ProductsShoes

The Melville Shoe Corporation was a Harrison, New York-based[1] shoe company. Founded by Frank Melville in 1892,[2] the company was incorporated in 1916. From its inception through 1923 it never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.[3] In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate.[2]

References

  1. Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
  2. 2.0 2.1 Steinhauer, Jennifer (October 25, 1995). "Melville Plans To Split Into 3 Companies". The New York Times. Retrieved February 1, 2018.
  3. Chain Shoe Store's Rapid Growth, Wall Street Journal, December 20, 1923, pg. 9.