Slogan: Bring home the difference!
Unfortunately, I never visited a Caldor store before. I learned about the chain online and through a past co-worker of mine who worked there. I know that Caldor was a neat store chain, they had about 145 stores in 9 states of the east coast at the end. Just by looking at pictures of the stores and logo, i knew that it was a modern chain, the stores were looking good and the format seemed fine. Even if the chain was bigger than 105-store Bradlees, they banrkupted before increased competition from Wal-Mart and others. Another 22,000 employees lost their job in 1999. Caldor only had one store in New Hampshire, in Bedford near Manchester.
Caldor was founded in 1951 by Carl and Dorothy Bennett, who combined their first names to form "Caldor'' and opened one small store in Port Chester, N.Y. The Bennetts sold Caldor to Associated Dry Goods Corp., and in 1986, ADG merged with the May Department Stores Co. In 1991, Caldor went public and grew into a company with $2.5 billion in annual sales. But in recent years, Caldor failed to distinguish itself from other regional discounters, like Ames Department Stores, and couldn't compete with retail giants like Wal-Mart, Kmart and Target.
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