Bankruptcy
In 1966, Interstate acquired the four-store Washington D.C. toy store chain Children's Supermart, predecessor of Toys "R" Us, which is the only survivor of the company. White Front filed for bankruptcy in 1975 and then went out of business; the locations were changed to Two Guys, another discount chain. Two Guys soon failed as well and the stores became relabeled as FedMart stores, which eventually were purchased by Target. The Target store in San Bernardino, California sported the archway across its facade for many years until a recent remodeling.
The White Front store on California Avenue in Bakersfield, California, was taken over by Zody's. Later it was purchased and remodeled by Mervyns, which also soon went out of business.
A number of independent local pharmacies continue to carry the White Front name in Costa Mesa and elsewhere, having inherited it from their former host stores, but are otherwise unrelated.
Read more about this topic: White Front, History
Famous quotes containing the word bankruptcy:
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—Washington Irving (1783–1859)
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—Henry David Thoreau (1817–1862)