Globe Shopping City: Difference between revisions

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|parent=[[Walgreens]] (owned from 1962 and discontinued in 1978)
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'''Globe Shopping City''', alsoand known as '''Globe Discount City''', was a regional chain of [[discount department store]]s based in Houston, Texas. Stanley Danburg, the president of United Mercantile Inc., founded the chain in 1960. Globe stores were located in the Southwest United States and were operated as a "big-box store" retail arm of [[Walgreens]] for much of the chain's operational lifecycle. Massive financial losses led to the dispersal of the entire chain through a combination of liquidation sales and transferal of individual store locations in 1978 with the exception of the McAllen location, which was sold to [[Klinck Drug Inc.]], and continued to operate under the Globe name and logo until its closure in December 1999.
 
==History==
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With three Globe stores open in 1962, Walgreens acquired the United Mercantile portfolio on March 21, 1962.<ref>Collins T., Albert. [https://archive.org/download/news-article-houston-chronicle-published-as-houston-chronicle-march-21-1962-p-1/News_Article__Houston_Chronicle_published_as_HOUSTON_CHRONICLE___March_21_1962__p1.pdf "Globe to Merge With Walgreen's: Discount Firm, Drug Chain In Multimillon-Dollar Deal"], [[Houston Chronicle]], March 21, 1962, p. 1 and [https://archive.org/download/news-article-houston-chronicle-published-as-houston-chronicle-march-21-1962-p-20/News_Article__Houston_Chronicle_published_as_HOUSTON_CHRONICLE___March_21_1962__p20.pdf p. 20].</ref> Walgreens had seen [[F.W. Woolworth]] announce its new big-box retail concept of [[Woolco]] in 1961, [[S.S. Kresge]] opening its first [[Kmart]] in January 1962, and many others getting into large scale discount stores including the first [[Walmart]] store later in 1962 and [[W.T. Grant]] would create big-box Grant City stores. Walgreens would use Globe as its big-box brand while later creating a Walgreens Superstore line for its mid-sized pharmacy-centric stores while continuing its existing, smaller Walgreens stores.<ref>[https://archive.org/details/walgreensWBAannualreports/walgreens1967/page/n13/mode/2up "Our Typical Walgreen Store... Even Bigger Walgreen Store... Our Biggest: Globe Department Stores"], ''Walgreens Annual Report to Stockholders: 1967'', p. 15-15.</ref>
 
Walgreens would extend the Globe big-box locations to its peak of 31 stores primarily in Texas and Arizona with three locations in Louisiana and two locations each in Tennessee and New Mexico. Some locations were branded as Globe Discount City with others labeled as Globe Shopping City.<ref>The launch of the Tucson Globe store was scheduled to be "Globe Discount City" and was changed to "Globe Shopping City" likely because the former name had been in use by another, unrelated store in the 1950s in Arizona. The name "Discount City" was considered to be "obsolete" for the new store. Turpin, Ted. [https://www.newspapers.com/clip/115240150/tucson-daily-citizen/ "Sensory Systems Lab Ideal Type for Tucson."] [[Tucson Daily Citizen]]'','' March 22, 1966, p. 26.</ref> The stores' positioningslogan statementat remainedthe consistenttime aswas, "Everything under the sun priced lower". To retain Globe's "multi-line customer appeal", Walgreens leased back certain departments of the store including the food market, fine jewelry (to [[Zales]]), the auto center, and the shoe department to third party vendors.<ref>[https://archive.org/details/walgreensWBAannualreports/walgreens1976/page/n23/mode/2up "The Globe Division"], ''Walgreens Annual Report to Stockholders: 1976,'' p. 23.</ref> Annual Walgreens shareholders reports touted Globe's "per square foot" sales in the early 1970s that were over-trending and the chain's usage of computers to track inventory, sales, and other key performance indicators.<ref>It was reported in the trade publication, ''The Discount Merchandiser,'' (June 1973) that Globe stored delivered a 60% higher per square foot sales metric than the national average of mass merchandisers. [https://archive.org/details/walgreensWBAannualreports/walgreens1973/page/n11/mode/2up "Globe Department Stores"], ''Walgreens Annual Report to Stockholders: 1973'', p. 8-9.</ref> TheBy 1973 shareholder report provided a note of warning that the big-box competition was getting "intense" and, the chain would not be extending past its Southwest locations.<ref>[https://archive.org/details/walgreensWBAannualreports/walgreens1973/page/n11/mode/2up "Globedue Departmentto Stores"],the ''Walgreensbig-box Annualcompetition Reportgetting to Stockholders: 1973'', p"intense". 8-9.</ref>
 
=== Downturn and Closure ===
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| Globe || [[Graywood Shopping Center (Baytown, Texas)|Graywood Shopping Center]] || {{FULLADDRESSTABLE|1700 Decker Drive|Baytown, Texas}}|| {{Date table sorting|1969|11|19}} || {{Date table sorting|1978|7}} || || [[Super Warehouse Foods 4|Super Warehouse Foods #4]]|| <ref>[https://texashistory.unt.edu/ark:/67531/metapth1104261/m1/18/ "New Globe To Open Wednesday"], [[The Baytown Sun]], November 18, 1969, page 2.</ref><ref>[https://texashistory.unt.edu/ark:/67531/metapth1074600/m1/14/ Full-page advertisement], [[The Baytown Sun]], July 16, 1978, page 6-B.</ref>
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| Globe || || {{FULLADDRESSTABLE|737 Shreveport-Barksdale Highway|Shreveport, Louisiana}} || {{Date table sorting|1970|2|4}} || {{Date table sorting|1978|6|30}} || || [[Walmart Discount Store 278|Walmart Discount Store #278]] (store), <nowiki></br></nowiki>Service Tire Inc. (auto center)|| <ref>[https://www.newspapers.com/clip/115174783/the-shreveport-journal/ "Globe Opens Wednesday"], [[The Shreveport Journal]], February 3, 1970, page 2C. </ref><ref name=":0">[https://www.newspapers.com/clip/79320539/the-shreveport-journal/ Full-page advertisement], [[Shreveport Journal]], June 30, 1978, page 13A.</ref>
|-
| Globe || || {{FULLADDRESSTABLE|584 South Mendenhall Road|Memphis, Tennessee}} || {{Date table sorting|1970|3|18}} || {{Date table sorting|1972|8|28}} || || [[Service Merchandise]]|| <ref>[https://www.newspapers.com/clip/115181079/the-memphis-press-scimitar/ "Doors Open Tomorrow at New Globe Shopping City"], [[Memphis Press-Scimitar]], March 17, 1970, page A-2. </ref><ref>Potter, Wendell. [https://www.newspapers.com/clip/115176517/the-memphis-press-scimitar/ "Globe Store Leased To Competitor"], [[Memphis Press-Scimitar]], August 22, 1972, page 19X.</ref>