What was a TGY store?
TG&Y was a major player in the “five and dime” style stores. Founded in 1935, the name consists of the initials of its founders: Tomlinson, Gosselin, and Young. At its height, there were over 900 stores.
When did TGY go out of business?
In 2001 TG&Y’s owner McCrory Stores filed bankruptcy and all stores were eventually closed. Raymond Young, the youngest and last survivor of the three founders, died in the same year.
What did TG&Y store stand for?
The TG&Y name came from the initials of its founders — Rawdon Tomlinson, Enoch Gosselin and Raymond Young. The men all had a history in retail. Young opened his first five-and-dime store in 1927 in Kingfisher. “They formed Central Merchandising, which became TG&Y as they opened up new stores.”
Is there still a TG&Y?
“The stores no longer exist, but the people that made them still exist,” Lynn said. “If you were here last week at the reunion, you would have felt that sense of family.” The company was sold and the new owners filed bankruptcy after a few rebranding attempts. The last store closed in 2002.
What happened to Yellow Front Stores?
Yellow Front Stores were acquired by Lucky Stores in 1978 for $45.9 million, but continued to operate as Yellow Front. In 1987 there were 104 Yellow Front Stores in 8 states….Yellow Front Stores.
| Type | Discount store |
|---|---|
| Founder | Jim Kelly |
| Defunct | 1990 |
| Fate | bankruptcy |
| Headquarters | Phoenix, Arizona |
Where are TG&Y stores?
Oklahoma City
In its golden days, TG&Y was based in Oklahoma City and had 900 stores from California to Florida. The chain pulled in about $2 billion annually in sales at its peak.
When did TG&Y stores close?
2001
TG&Y/Ceased operations
What happened Sprouse Ritz?
Sprouse-Reitz is a defunct chain of five-and-dime stores based in Portland, Oregon, United States. In December 1993, Sprouse-Reitz Inc. liquidated and closed its remaining 84 stores after failing to find a buyer. The company estimated that the last stores would close in February.
When did Yellow Front store close?
1990
Yellow Front Stores/Ceased operations
When was TG&Y Stores Company incorporated?
In 1944 a reorganization was needed and another partnership was formed joining the R.A. Young Stores, the Gosselin Stores and the TG&Y Stores Company. In 1946, TG&Y Stores Company was incorporated under the laws of the State of Delaware.
How did tgtg&y get its name?
TG&Y was a five and dime, or variety store, chain in the United States. The chain was named for its three founders: Rawdon E. Tomlinson, Enoch L. “Les” Gosselin, and Raymond A. Young. The initials were ordered according to the age of the three, with Tomlinson being the oldest. Founded in 1935, the chain was headquartered in Oklahoma City.
How many T & Y stores are in the US?
T.G.&Y. STORES. With the philosophy of “have what people want at a price they can afford to pay,” the T.G.&Y. corporation opened its first variety store in Norman, Oklahoma, in 1936 and expanded to 930 outlets nationwide by the 1980s.
What is the slogan for TG&Y?
TG&Y stores were firmly embedded in southern culture as modern-day general stores with a bit of everything, and often called by the irreverent monikers, “Turtles, Girdles and YoYos”, “Toys, Goodies and Yummies” and “Toys, Gifts and YoYos”. Near the end of its successful years, the chain used the advertising slogan, “Your best buy is at TG&Y.”
