A Chicago parts maker opened 2,000 shops to sell its own output, until the repeat visits stopped.
Eighty-hour weeks made sense with a share of the profits. Once the stakes were bought back, they did not.
Ames bought nearly 400 stores in 1988, closed 74 at once, and filed for bankruptcy in April 1990.
Before home computers, investors needed someone to phone, and a hushed TV scene chose the number.
Own-label jeans and polos earned more per rack than the national brands hanging beside them.
Rivals bought in larger volume, so the same shelf of goods cost less a few miles away.
Where prices are still fixed by someone else, companies compete on the carpet, the cup and the uniform.
Half the machine survived: the company now makes labels and ribbon in Cleveland.
Home video was still rare, so the small figures became the only way to watch the film again.
Oct 22, 2026
In 1921 a former department store buyer started selling discounted dresses from an old Brooklyn car showroom.
•
Oct 16, 2026
Oct 15, 2026
Oct 14, 2026
Oct 13, 2026
Oct 10, 2026
Oct 9, 2026