Puneet Varma (Editor)

Rich's (discount store)

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Industry
  
Retail

Defunct
  
1997

Founded
  
1962

Fate
  
Bankruptcy

Website
  
None

Ceased operations
  
1997

Former type
  
Discount Department Store

Products
  
Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares.

Headquarters
  
Salem, Massachusetts, United States

Rich's was a family-owned business that was established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts, USA. The Rich family once operated 29 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.

History

The chain went bankrupt on March 14, 1996. Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs by February 1997.

References

Rich's (discount store) Wikipedia