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Heck's stores were discount, stand-alone department stores found in small cities throughout West
Virginia, Virginia, western Maryland, the Ohio Valley and parts of Indiana, Kentucky and North Carolina. Its structure and product lines were similar to its competitors
244:-Based Toussie-Viner Group was terminated due to weak performance by Heck's in the final months of 1986, and the company filed for Chapter 11 bankruptcy. At the time of the filing, Heck's operated 140 stores.
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cited customer frustration with constant store redesigns and products being dropped from inventory. The store also faced major troubles from costly data errors caused by its new computer accounting system.
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A number of factors contributed to Heck's decline. The U.S. economic downturn of the early 1980s hit West
Virginia particularly hard, and the store faced increased competition from other chains.
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article lists several factors for the collapse of Heck's under the new management of
Russell Isaacs, putting the blame on Isaacs' sweeping changes to the stores.
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In 1989 the company emerged from
Chapter 11 with 55 stores and a new name, Take 10 Discount Club, a membership club costing $ 10 (~$ 25.00 in 2023) to join.
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At its peak in the 1980s, Heck's operated 170 stores throughout West
Virginia, Ohio, Kentucky, Pennsylvania, Indiana, Maryland, Virginia and North Carolina.
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natives and businessmen Fred Haddad, Tom Ellis, and Lester Ellis and wholesale distributor
Douglas Cook. The Heck's name was a combination of the names
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Part of Heck's expansion into the
Midwest came after acquiring a smaller discounter, T-Way Stores (Tradeway) of Indianapolis. It also acquired
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Clothing, garden/seasonal, sporting goods, hardware, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares.
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Haddad retired as Heck's president in 1983 and sold his stock in the company. The Ellis brothers had previously sold out in the 1970s.
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Sales fell the following year, and the company saw its first losses in 1984. Layoffs began in 1985 as losses continued.
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172:. Haddad served as president, Lester Ellis was vice-president, and Tom Ellis was Secretary-Treasurer.
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West
Virginia, Ohio, Indiana, Virginia, Kentucky, Maryland, Tennessee, Pennsylvania, North Carolina
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ranked Heck's third nationally in profitability and growth in 1980, beating out
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Shortly after all of the assets of the retail division were sold to
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Sign from a defunct Heck's
Department Store in West Virginia
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How Death Came to a Once
Prosperous Discount Store Chain
372:"How death came to a once-prosperous discount-store chain"
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In February 1987 a $ 125 million merger agreement with
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152:based discount department stores, was founded by
398:New York Times: Hecks May Seek New Buyout Offer
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419:Defunct discount stores of the United States
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336:"Toledo Blade - Google News Archive Search"
258:. Two locations were sold to, and became,
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429:American companies disestablished in 1990
414:Defunct companies based in West Virginia
180:Heck's, Inc. was established in 1959 by
439:1990 disestablishments in West Virginia
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434:American companies established in 1959
303:. e-WV: The West Virginia Encyclopedia
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424:1959 establishments in West Virginia
252:Retail Acquisition Corporation, Inc.
322:"TRADEWAY OF INDIANA INC , Indiana"
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215:of Indiana and Ohio in 1981.
202:Tempo and Buckeye Mart Stores
18:Heck's Department Store
262:. One location was sold to
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77:; 65 years ago
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256:L.A. Joe Department Stores
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56:Discount department store
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27:Not to be confused with
194:Hills Department Stores
146:Heck's Department Store
272:Philadelphia Inquirer
117:Number of locations
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278:Specifically, the
260:Fisher's Big Wheel
198:G.C. Murphy's Mart
190:Fisher's Big Wheel
393:Scripophily.com.
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154:Boone County
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52:Company type
35:Heck's, Inc.
182:Fred Haddad
127:Area served
408:Categories
307:2023-05-10
287:References
213:Mr. Wiggs
164:llis and
111:Dissolved
301:"Heck's"
280:Inquirer
136:Products
62:Industry
269:A 1991
206:Walmart
176:History
160:addad,
98: (
90:Defunct
80: (
72:Founded
29:Hecht's
221:Forbes
66:Retail
226:Kmart
204:and
108:Fate
100:1990
93:1990
82:1959
75:1959
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