Lerner Stores Corporation
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Certificate Details
Product Details
Company | Lerner Stores Corporation |
Certificate Type | Common Stock |
Date Issued | December 30, 1953 |
Canceled | Yes |
Printer | Quayle & Son |
Signatures | Machine printed |
Approximate Size |
12" (w) x 8" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
Lerner Shops was founded in 1918 by Samuel A. Lerner and Harold M Lane in New York City. The company was eventually incorporated in Maryland in 1929.
At the company's peak, the women's discount chain operated over 750 stores - making it the largest retailer in the segment.
Lerner was purchased in 1973 by McCrory Corporation - a subsidiary of the Rapid-American Corporation. McCrory operated J. J. Newberry and McCrory.
Rapid-American sold the Lerner division to The Limited in 1985.