Jump to content

Melville Shoe Corporation

From Wikipedia, the free encyclopedia
Melville Shoe Corporation
IndustryFootwear
Founded1892; 132 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

[edit]
  1. ^ Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
  2. ^ a b 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.