W J May Popular Books

W J May Biography & Facts

J.W. Mays, Inc. (Nasdaq: MAYS) is a real estate firm based in Brooklyn, New York, United States. From 1927 until 1988 the company ran a chain of discount department stores in the area surrounding New York City referred to as Mays, with stores located in three of New York City's five boroughs, Long Island, and Putnam County. At its height as a retailer, the firm had 5000 employees working in 9 stores during the early 1970s. History The chain grew from a Brooklyn women's clothing store founded by Joe Weinstein, a Polish Jewish immigrant from Galicia, in 1924. In 1929, Weinstein incorporated the company and added his initials. The first location opened its doors at 510 Fulton Street in Brooklyn in September 1929. The reason why he chose the name to begin with was because, as Weinstein said, "it reminded me of the countryside and the flowers and the springtime".Mays grew throughout the 1950s and 1960s. Its slogan, "Every day's a sale day at Mays", was imprinted, in big red, script lettering, on every white paper shopping bag, and every white cardboard shopping box. Mondays were "super-sales" days, and stores were especially crowded then. Weinstein was aggressive in his competition against other discount retailers such as Ohrbach's and Alexander's, as well as the higher—end department stores. At one point, Weinstein discussed a merger between Mays and his two main discount competitors, but it never came to be. At the company's peak in the 1970s, Mays operated nine stores. At that time, the company had about 5,000 employees. By the late 1970s, it started losing market share to other discount retailers, and in 1982 the store declared Chapter 11 bankruptcy. The company closed five locations that operated outside the city, leaving one store in Manhattan, two stores in Queens, and the original store in Brooklyn. In 1987, Mays closed one of its two stores in Queens (Glen Oaks), leaving three in the chain. The chain continued on but announced on December 28, 1988 that they would be closing the remaining three stores in the chain immediately, with the final sale occurring on December 31 of that year. Beginning on January 1, 1989, J.W. Mays, Inc. reincorporated as the real estate company that currently does business, using the real estate that its stores had previously occupied. References External links J.W. Mays. Discover the W J May popular books. Find the top 100 most popular W J May books.

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  • Gary L. Mcconnell v. Honorable Robert E. May synopsis, comments

    Gary L. Mcconnell v. Honorable Robert E. May

    Supreme Court of Texas No. D-0215

    In this original proceeding, Relator Gary L. McConnell (McConnell) seeks a writ of mandamus directing the trial judge to vacate his July 2, 1990 order granting Plaintiff C.D. Blanc...

  • Daryl May and Wife v. United Services Association America synopsis, comments

    Daryl May and Wife v. United Services Association America

    Supreme Court Of Utah

    This case involves the scope of an insurance agents commonlaw duty to a customer in rendering advice about and procuring a policy for health insurance. The plaintiffs asserted only...

  • Trousdale Estates synopsis, comments

    Trousdale Estates

    Steven M. Price

    Filled with beautiful, vivid photographs, Trousdale is the definitive history of the architecture and design that defined both Beverly Hills and the ultimate American Dream.Trousda...

  • Joseph May Weaver v. Hartford Accident and Indemnity Company synopsis, comments

    Joseph May Weaver v. Hartford Accident and Indemnity Company

    The Texas Court of Criminal Appeals

    This is a suit by a judgment creditor against an insurer to recover under an automobile liability policy on the basis of a judgment secured against an omnibus insured. It is stipul...