Caldor
Discount department store chain of US discount department stores
Caldor
Caldor, Inc. was an American discount department store chain founded in 1951 by husband and wife Carl and Dorothy Bennett, sometimes referred to as "the Bloomingdale's of discounting". Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, New York into a regional retailing giant. Its stores were earning over $1 billion (~$2.54 billion in 2025) in sales by the time that Carl Bennett retired in 1985, by which time Caldor was a subsidiary of Associated Dry Goods. Despite its successes, Caldor suffered from financial issues by the 1990s. The company was liquidated and all 145 stores were closed by May 1999.
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