Globe Shopping City: Difference between revisions

'''Globe Shopping City''' and Globe Discount City, was a regional chain of [[discount department store]]s based in Houston, Texas. Stanley Danburg, president of [[United Mercantile Inc.]], along with executive vice president George Kamins, 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 1999.