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H. C. Prange Co.

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374:, as a clerk, janitor, and delivery boy. In 1887, he attempted to purchase a share of his employer's store; after this proved unsuccessful, he founded his own store on October 4, 1887, with his sister Eliza, and brother-in-law, J. H. Bitter. The 3,300-square-foot (310 m) store located in Sheboygan was called H. C. Prange. Unlike his local competition, the store offered lines of credit to farmers. In 1898, it was incorporated as the H. C. Prange Company. By 1923, a new store was built on the same site with more than 180,000 square feet (17,000 m) making it the largest store in Wisconsin outside of 273: 129: 344: 480:
reason for Prange Way's financial difficulties. Its largest debt was $ 3 million owed to the State of Wisconsin Investment Board. At the time, Prange Way operated 21 stores in Wisconsin and one in Minnesota, and did not plan to close any stores (though it did expect to lay off some employees). However, the stores did not last long after this, as liquidation sales were soon slated to begin in November. All Prange Way stores would be closed after the 1995 Christmas holiday season.
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Sturgeon Bay and opened the firm's third store. In 1935 a fire burned the Sturgeon Bay store to the ground. Five months after the fire a new store was built. The year 1946 saw the purchase of Appleton's Pettibone-Peabody store, one of the oldest retail organizations in the state. Over the years more acquisitions were made by the H.C. Prange Company, and existing stores underwent continuous improvement to keep abreast of the times.
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store after the building's support columns sagged. The 1984 building was torn down beginning in January 2015 over a two-month period, and was used as an open field for a series of concerts that summer before construction began on a new apartment development intended to spur the filling of professional jobs in the area.
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The former Prange's flagship store in Sheboygan ended operations in mid-January 2014 after several years of operating under The Bon-Ton's Boston Store banner after their purchase of Younkers. The building was reconstructed in 1984 when a water main break in 1982 forced demolition of the old flagship
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H. Carl Prange's goal in 1930 during the stock market crash was to do one million dollars in the grocery business and two million in dry-goods. During the Depression, while still heavily in debt from the purchase of the Hall Dry Goods building in Green Bay, Prange acquired the LM Washburn company of
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In 1990 the Prange Way chain was sold to a group of Prange Way managers and other investors and its headquarters relocated to De Pere, Wisconsin. The chain filed for Chapter 11 bankruptcy protection in October 1995. An attorney for Prange Way cited competition from national discount chains as the
428:, Inc. for $ 67 million (~$ 131 million in 2023) in 1992. Younkers also assumed about $ 9 million in liabilities of the division. Eventually Younkers would become a part of Saks "northern group" which later enveloped longtime Prange's competitors 397:, with a total of about 2,100,000 square feet (200,000 m) of retail space. In 1991, Prange's department store unit had sales of about $ 229 million (~$ 457 million in 2023). The company's largest store was in 255:. It also operated discount stores under the Prange Way name in the former two states, although this division was sold off in the 1990s. Prange's was dissolved and most of the stores converted to the rival 476:, an enclosed shopping mall. Throughout the 1970s and 1980s, several more stores were opened throughout Wisconsin and Illinois, with seven in these regions being purchased from Schultz's Discount in 1989. 472:. Two of their first major discount stores called Prange Way opened between 1965 and 1966 in the cities of Appleton and Fond du Lac, Wisconsin. The latter was an anchor store of 762: 722: 737: 742: 727: 757: 752: 611: 363: 747: 89: 61: 68: 347:
Site of original flagship store in downtown Sheboygan, Wisconsin, photographed in 2006. The store was converted into a
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store called Prange's Budget Store in the flagship building in 1911. The Prange Way chain later evolved into a
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Henry Carl Prange was the son of farmers who had immigrated to Wisconsin from Germany following the
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The H. C. Prange Company's 25-unit department store division was purchased by
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locations were acquired by the company after a sale by their previous owners,
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under the same corporate ownership. This division was ultimately sold to
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Sheboygan County: 150 Years of Progress, Hildebrandt, Janice. 1998
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HFN: The Weekly Newspaper for the Home Furnishing Network
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in 2008, closed in 2014, and was torn down a year later.
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At its peak, the H. C. Prange Co. had 25 stores, 18 in
217: 529:Doris Hajewski, "Prange Way files for Chapter 11", 243:. At its peak, it operated stores in the states of 49:. Unsourced material may be challenged and removed. 763:Demolished buildings and structures in Wisconsin 714: 585:Article Concerning Company and PrangeWay spinoff 335:Image of an Prange's store, taken from a 1991 605: 723:Defunct department stores based in Wisconsin 366:. In 1876, he began working at John Plath's 561:, November 6, 1995, Vol. 34 Issue 21, p. 3. 557:"Prange Way in the throes of liquidation", 612: 598: 525: 523: 127: 317:Learn how and when to remove this message 109:Learn how and when to remove this message 342: 330: 280:This article includes a list of general 738:Retail companies disestablished in 1992 520: 239:chain begun by H. C. Prange in 1887 in 715: 593: 743:Defunct companies based in Wisconsin 728:Retail companies established in 1887 464:, with several locations throughout 266: 47:adding citations to reliable sources 18: 758:1992 disestablishments in Wisconsin 544:FNS, "3 retailers under the gun", 490: 13: 286:it lacks sufficient corresponding 14: 774: 568: 753:1887 establishments in Wisconsin 510:Younkers to Acquire Prange Unit" 271: 23: 619: 34:needs additional citations for 16:American department store chain 580:Article About Sale to Younkers 551: 538: 499: 208:Clothing, jewelry, accessories 1: 748:1992 mergers and acquisitions 483: 451: 200:Wisconsin, Michigan, Illinois 7: 357: 10: 779: 535:, October 14, 1995, p. D1. 532:Milwaukee Journal Sentinel 419: 262: 259:chain after sale in 1992. 627: 462:discount department store 231:, sometimes shortened to 212: 204: 194: 180: 170: 162: 154: 143: 135: 126: 404:. Some of the remaining 301:more precise citations. 456:Prange Way began as a 352: 340: 346: 334: 733:Sheboygan, Wisconsin 372:Sheboygan, Wisconsin 241:Sheboygan, Wisconsin 185:Sheboygan, Wisconsin 149:Sheboygan, Wisconsin 43:improve this article 559:Discount Store News 548:, October 23, 1995. 416:in the late 1970s. 414:Salkin & Linoff 364:Revolutions of 1848 123: 692:Stone & Thomas 672:Mabley & Carew 442:York, Pennsylvania 353: 341: 235:, was an American 121: 58:"H. C. Prange Co." 710: 709: 575:Corporate website 514:Daily News Record 506:Daily News Record 327: 326: 319: 226: 225: 158:Henry Carl Prange 119: 118: 111: 93: 770: 697:Watt & Shand 614: 607: 600: 591: 590: 562: 555: 549: 542: 536: 527: 518: 503: 497: 494: 458:bargain basement 322: 315: 311: 308: 302: 297:this article by 288:inline citations 275: 274: 267: 237:department store 229:H. C. Prange Co. 222: 219: 131: 124: 122:H. C. Prange Co. 120: 114: 107: 103: 100: 94: 92: 51: 27: 19: 778: 777: 773: 772: 771: 769: 768: 767: 713: 712: 711: 706: 623: 618: 571: 566: 565: 556: 552: 543: 539: 528: 521: 504: 500: 495: 491: 486: 454: 422: 406:Peck & Peck 402:Port Plaza Mall 360: 355: 354: 323: 312: 306: 303: 293:Please help to 292: 276: 272: 265: 216: 197: 190: 186: 115: 104: 98: 95: 52: 50: 40: 28: 17: 12: 11: 5: 776: 766: 765: 760: 755: 750: 745: 740: 735: 730: 725: 708: 707: 705: 704: 699: 694: 689: 684: 679: 674: 669: 664: 659: 654: 649: 644: 639: 634: 628: 625: 624: 617: 616: 609: 602: 594: 588: 587: 582: 577: 570: 569:External links 567: 564: 563: 550: 537: 519: 517:. 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