What is liquidation? Liquidation (or “winding up”) is the process by which a company’s existence is brought to an end. First, a liquidator is appointed, either by the shareholders or the court. The liquidator represents the interests of all creditors. The liquidator supervises the liquidation, which involves collecting and realizing the company’s assets (turning them […]
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Retail Timeline – From 1872 to 2016
Here is the most EPIC retail timeline from 1872 to today. ENJOY! From Zayre88 1872 – Aaron Montgomery Ward founded his company 1879 – F.W.Woolworth opends its first five & dime store 1880 – Opening of the first McCrory variety store 1899 – S.S. Kresge Company founded by Sebastian S. Kresge 1902 – JC Penney […]
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