Melville Shoe Corporation

The Melville Shoe Corporation was a Harrison, New York-based[1] shoe company.

Melville Shoe Corporation
IndustryFootwear
Founded1892 (1892)
FounderFrank Melville
Defunct1922 (1922)
FateOperating
SuccessorMelville Corporation (now CVS Corp)
Headquarters
Harrison, New York
Area served
United States
ProductsShoes

Founded by Frank Melville in 1892,[2] the company was incorporated in 1916. From its inception through 1923 it never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.[3]

In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate.[2]

References

  1. Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
  2. Steinhauer, Jennifer (October 25, 1995). "Melville Plans To Split Into 3 Companies". The New York Times. Retrieved February 1, 2018.
  3. Chain Shoe Store's Rapid Growth, Wall Street Journal, December 20, 1923, pg. 9.
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