Word: homeclub
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Dates: during 1980-1989
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Many smaller chains are going on expansion binges to hold their own with the big boys. Zayre, with 362 department stores, has bought or opened 750 specialty outlets, including such chains as HomeClub and T.J. Maxx. Woolworth has moved into higher-priced markets by buying such specialty chains as Foot Locker and Tennis Lady. Says Joseph Carroll, a Woolworth vice president: "We're no longer just a five-and-ten-cent store...
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