General Discussion
In reply to the discussion: One company bought all the retail outlets for glasses, used that to force sales... [View all]Celerity
(43,349 posts)Causal Corner and it was spun off into a new separate company.
That standalone operated for 10 years (and actually expanded the chain) before they sold it off to a liquidator, 10 years later, in 2005, due to increased retail competition. The liquidator, Gordon Brothers Group, a Boston-based company, then closed down Casual Corner permanently.
Luxottica to Acquire U.S. Shoe for $1.4 Billion
By JOHN TAGLIABUEAPRIL 18, 1995
https://www.nytimes.com/1995/04/18/business/luxottica-to-acquire-us-shoe-for-1.4-billion.html
LUXOTTICA SELLS APPAREL GROUP IN ENFIELD TO CASUAL CORNER
Luxottica Group S.p.A. has sold the Enfield-based Women's Specialty Retailing Group just five months after buying it from the former U.S. Shoe Corp.
https://www.courant.com/news/connecticut/hc-xpm-1995-10-05-9510050003-story.html
Casual Corner closing all 525 stores
Posted 11/23/2005 4:54 PM
https://usatoday30.usatoday.com/money/industries/retail/2005-11-23-casual-corner_x.htm
ENFIELD, Conn. (AP) Casual Corner Group will close or sell all 525 of its stores in 42 states and Puerto Rico, the company announced Wednesday.
https://web.archive.org/web/20121105101637/http://www.highbeam.com/doc/1P2-1419403.html