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Founder Of Caldor Dies At Fairfield County Home
Fairfield County entrepreneur, philanthropist, and founder of the Caldor department store chain, Carl Bennett, has died at the age of 101.
Bennett died at his home in Greenwich on Thursday, Dec. 23.
The Caldor empire came to be while working with his late wife, Dorothy Bennett, who together turned an $8,000 military salary savings into a chain of discount department stores that spanned from the 1950s to the mid-1980s when he sold his 120 store business to Associated Dry Goods.
Raised above his father's grocery store located in Greenwich, on Steamboat Road, Bennett Grocers, with his two sis…
Original Ann Taylor's in New Haven Closes - More Closures for Parent Co. Ascena Planned
The original Ann Taylor’s in New Haven closed for good on Monday, July 27.
The retailers first launched from New Haven in 1954, eventually growing to a women’s clothing store giant.
Ann Taylor’s parent company, Ascena, filed for bankruptcy earlier this month. In addition to Ann Taylor, Ascena owns the brands: LOFT, Lane Bryant, Justice, Catherines, Cacique, and Lou & Grey. All of the retailers will continue to operate, though many of its 2,800 stores will be closed, according to Ascena. Catherines is being sold to City Chic.
In announcing the bankruptcy filing and restructuring on July…