Caldor

Caldor was a chain of American discount department stores headquartered in Norwalk, Connecticut, operating throughout the northeastern United States. At one time, the company was a subsidiary of May Department Stores; Caldor was among the country's largest discount retailers. Despite being a popular destination for shoppers, Caldor faced mounting losses during its final years. The chain declared bankruptcy in 1995 and never fully emerged from it, eventually resorting to closing its remaining stores on May 15, 1999. The first store was opened by Carl and Dorothy Bennett in a tiny second-floor loft in Port Chester, NY in 1951, as a five and dime. (from 5/23/1984 New York Times Business Day) The name was taken from parts of each of their...