25:
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592:, a manufacturer of Halloween and Easter products. In 1995 Paper Magic acquired Cleo, Inc., a manufacturer of gift wrap and trim, primarily for the Christmas season, as well as Topstone Industries, Inc., a manufacturer of Halloween products and novelties, and Illusive Concepts, a manufacturer of latex masks, accessories and decorative displays.
600:
merchandise - ranging from greeting cards to
Halloween costumes). The C. R. Gibson business was acquired on December 3, 2007, and in May 2008, it acquired iota, a designer, marketer and seller of stationery products, such as note cards, gift wrap and journals. CSS announced on May 25, 2011, that Cleo would be shut down as of December 31, 2011.
564:. designed and manufactured a variety of business forms. It was sold in December 1997. In 1986, CSS acquired Ellisco Co., a manufacturer of metal containers in standard and customized formats. Ellisco's manufacturing locations included sites in Pennsylvania, Maryland, Ohio, and West Virginia. CSS sold the subsidiary to
595:
In 1993, CSS acquired
Berwick Industries, Inc., a ribbon and bow manufacturer and integrated it into Paper Magic. In March 2002, Berwick acquired business assets of C. M. Offray & Son, Inc. (a producer and supplier of narrow woven ribbon) and merged them into Berwick. In August 2008, Berwick
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In the mid-2000s, CSS was reorganized into three affiliates: Berwick Offray (the world's largest manufacturer and distributor of decorative ribbons and bows); Cleo (the premier provider of seasonal gift packaging products); and the Paper Magic Group (a manufacturer of a vast array of seasonal
575:
and related products to its line of businesses with the 1988 acquisition of Paper Magic Group. Paper Magic designed, manufactured, and distributed seasonal and everyday paper products for gift giving and holiday celebrations. The company also obtained licenses to produce certain products with
387:
in six states. It eventually controlled 39 stores in 19 states. The stores were serviced by a New York resident buying corporation, City Stores
Mercantile Company, Inc., a subsidiary wholly owned by City Stores. In the 1950s, City Stores merged with Specialty Stores Co becoming
552:, president of PII, became chairman of City Stores and was elected CEO in February 1980. Farber closed or discontinued the remaining department store operations in 1982, and by 1985 liquidated the remaining assets of W. & J. Sloane.
501:
chain of 30 furniture stores in
California, New York, Connecticut, New Jersey, and other states along the east coast. W. & J. Sloane purchased a 280,000-square-foot (26,000 m) building at a prime location on
560:
CSS Industries was established by Farber in 1985, with a new name to reflect a diversified strategy. CSS completed its first acquisition in
January 1985 with the purchase of Rapidforms, Inc. of
89:
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Offray LLC acquired
Hampshire Paper Corp., a manufacturer and supplier of waxed tissue, paper, foil and foil decorative packaging to the wholesale floral and horticultural industries.
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assets. The company discontinued operations at
Lansburgh's in 1973, and Lit Brothers in 1977. After several years of low profits or net losses, City Stores filed for
439:, later merging it into City Stores' operations in 1951. After going into receivership in 1931, City Stores Company could no longer meet its financial obligation to
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City Stores was dismantled completely through the bankruptcy process after acquisition by
Philadelphia Industries Inc. (PII).
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Paper Magic Group, Inc, Berwick Offray, LLC, C.R. Gibson, LLC, The McCall
Pattern Company, Inc., Simplicity Creative Corp.
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665:"CSS Industries, Inc. Announces Acquisition of the Business and Assets of The McCall Pattern Company"
466:. City Stores purchased a majority interest in two New York based women's specialty clothing stores,
742:, including correspondence, news clippings and office files, are available for research use at the
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and R.H. White department stores closed and B. Lowenstein Bros. stores were consolidated with
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was then appointed as chairman of the board, a position he would hold for over 20 years.
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The company expanded its holdings of department stores with the acquisition in 1948, of
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and Vogue
Patterns) in December 2016, and then in November 2017 went on to acquire
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Company that designs, manufactures, and distributes greeting cards and novelties
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City Stores started in 1923 with the acquisition of three department stores:
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stores, Hearns Department Store, and the eight Richards stores. In 1980,
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The 1970s brought the company a large decline in sales and the need to
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in New York City from Franklin Simon. In 1966, City Stores acquired
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in July 1979. Under the reorganization plan, City Stores closed 42
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characters. In 1991, Paper Magic acquired Spearhead Industries of
733:
323:
717:"CSS Industries Announces Acquisition by IG Design Group plc"
268:
762:
CSS Industries, Inc. company history (accessed Aug 29, 2008)
700:"CSS Industries, Inc. Acquires Simplicity Creative Group"
614:
In January 2020, CSS was acquired by the British company
767:
New York Stock Exchange profile (accessed Aug 29, 2008)
431:. In 1928, the company acquired a majority interest in
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Companies that filed for Chapter 11 bankruptcy in 1979
555:
844:
Companies that have filed for Chapter 11 bankruptcy
603:CSS acquired the McCall Pattern Company (parent of
799:Companies based in Montgomery County, Pennsylvania
758:. September 19, 1949. Retrieved September 9, 2021.
458:, department store. In 1946, the company acquired
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790:
474:in 1949. The two companies were later merged as
814:Companies listed on the New York Stock Exchange
777:Reuters Company Profile (accessed Aug 29, 2008)
809:Defunct retail companies of the United States
343:. Its headquarters is at 1845 Walnut Street,
824:Defunct companies based in New York (state)
514:, but sold the company in 1969, along with
423:. The following year City Stores purchased
746:. Collection 1959 (accessed Aug 29, 2008).
576:imprints of cartoon characters, including
450:In 1944, City Stores acquired control of
69:Learn how and when to remove this message
32:This article includes a list of general
829:Defunct companies based in Pennsylvania
839:American companies established in 1923
791:
772:Google Finance (accessed Aug 29, 2008)
804:Holding companies established in 1923
443:(B.S.C.), the owner of Lit Brothers.
377:incorporated in the state of Delaware
834:Retail companies established in 1923
415:Co., of New Orleans, Louisiana; and
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375:City Stores was a holding company,
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744:Historical Society of Pennsylvania
497:In 1961, City Stores acquired the
38:it lacks sufficient corresponding
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727:
719:(Press release). 20 January 2020.
685:"Simplicity Creative Group, Inc."
556:CSS Industries, Inc. 1985–present
203:Craft, seasonal and gift products
750:"Retail Trade: Mr. Philadelphia"
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618:, via its American subsidiary,
734:CSS Industries company website
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690:, retrieved November 27, 2017.
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441:Bankers Securities Corporation
371:City Stores Company, 1923–1985
147:Plymouth Meeting, Pennsylvania
1:
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137:1923 (as City Stores Company)
582:Teenage Mutant Ninja Turtles
468:Oppenheim, Collins & Co.
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740:Albert M. Greenfield Papers
667:(Press release). 2016-12-13
10:
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620:Design Group Americas Inc.
539:Loveman, Joseph & Loeb
437:Philadelphia, Pennsylvania
417:Loveman, Joseph & Loeb
345:Philadelphia, Pennsylvania
339:, was founded in 1923, as
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535:Franklin Simon & Co.
476:Franklin Simon & Co.
472:Franklin Simon & Co.
590:Eden Prairie, Minnesota
508:Wolf & Dessauer Co.
53:more precise citations.
782:March 3, 2016, at the
357:Minneapolis, Minnesota
562:Thorofare, New Jersey
531:Chapter 11 bankruptcy
484:Hartford, Connecticut
480:Wise, Smith & Co.
456:Boston, Massachusetts
182:Christopher J. Munyan
640:"Rapidforms - About"
445:Albert M. Greenfield
429:Louisville, Kentucky
347:, with showrooms in
337:CSS Industries, Inc.
82:CSS Industries, Inc.
706:, November 3, 2017.
616:IG Design Group plc
512:Fort Wayne, Indiana
421:Birmingham, Alabama
405:B. Lowenstein, Inc.
341:City Stores Company
170:Rebecca C. Matthias
83:
622:for $ 88 million.
609:Simplicity Pattern
499:W. & J. Sloane
409:Memphis, Tennessee
353:Memphis, Tennessee
300:$ 262.35 million (
279:$ 345.04 million (
216:$ 498.25 million (
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258:$ 25.36 million (
237:$ 38.83 million (
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642:. Archived from
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385:specialty stores
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504:Fifth Avenue
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470:in 1945 and
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433:Lit Brothers
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310:Subsidiaries
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290:Total equity
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269:Total assets
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142:Headquarters
96:Company type
65:
56:
37:
586:Walt Disney
550:Jack Farber
520:L. S. Ayres
494:, in 1951.
488:Lansburgh's
176:board chair
155:Area served
51:introducing
793:Categories
671:2018-04-20
650:2009-06-17
626:References
578:Care Bears
571:CSS added
568:in 1994..
452:R.H. White
381:department
248:Net income
165:Key people
59:April 2013
34:references
688:Bloomberg
605:Butterick
573:gift wrap
527:liquidate
396:pecialty
361:Hong Kong
190:) & (
188:president
159:Worldwide
108:Traded as
780:Archived
566:U.S. Can
460:Richards
200:Products
124:Industry
427:Co. of
400:tores.
319:Website
208:Revenue
134:Founded
116::
47:improve
584:, and
486:, and
359:, and
100:Public
36:, but
419:, of
407:, of
755:Time
738:The
454:, a
392:ity
383:and
328:.com
302:2008
281:2008
260:2008
239:2008
218:2008
114:NYSE
518:to
510:of
490:of
482:of
462:of
435:of
324:www
192:CEO
118:CSS
795::
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611:.
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355:,
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398:S
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390:C
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186:(
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174:(
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