Recently, more music stores have opened and more types of stores (such as discount retailers) offer music sections. Officers: Jack W. Eugster, Chmn. Use Slintel to connect with top decision-makers at Sam Goody. Sam Goody is the largest division of Musicland Stores Corporation, which is the largest retailer of pre-recorded music in terms of stores and sales. 3. Company Profiles for Students. 10. LIVE@LEEDS. ): Most of the chain's stores were converted to F.Y.E. It was under American Can leadership that Goody became a staple in shopping malls across the U.S., with store numbers ballooning to 250 nationally. Sam Goody, a toy-store owner who turned a hugely profitable sideline selling scratchy, breakable 78-r.p.m. brand and convert all Sam Goody stores to f.y.e stores in the future. Trans World kept 345 of the stores open and closed 55. Now select Suncoast and Sam Goody will be closing. Sam Goody is a company that operates in the Food & Beverages industry. The chain was then acquired by Stage Stores Inc in July 2009, from the bankruptcy auction. Adorned with a banner saying "As Heard on . In the late 1990s Sam Goody had 713 stores in 49 states, the District of Columbia, Puerto Rico, and the Virgin Islands. Sam Goody planned to evaluate the success of this test store in order to gauge the potential of the concept in Japan. (Men's clothing retailer to close in New England in early 1997)", "Cliftex closing stores: 10 Anderson-Little stores will remain", "Anderson-Little is back in fashion Fall River, Massachusetts", "Teen Clothing Retailer Delia's Files for Bankruptcy", "Why Disney is closing so many Disney Stores right now", "Gantos to go: Mall Store Fals Victim To Chain's Chapter 11 Filing", "Gottschalks Filed Chapter 11 Bankruptcy", "Harold's Stores files bankruptcy in Oklahoma", "Woolworth Unit Gets Third Chief in a Year", "Six Klopfensteins Stores To Be Liquidated, Closed", "Bankrupt Merry-Go-Round Decides to Go Out of Business", "Mervyns' bankruptcy another ominous sign", "Sycamore Closing All 126 Stores - 9 Area Workers to Lose Jobs", "Thom McAn Shoes To Fade From Mall Scene", "Warner Bros. Regular price $22.00 . The suit alleged that more than 100,000 illegal tapes had been sold at Sam Goody stores, resulting in lost revenue of more than $1 million for artists like Olivia Newton-John, Paul McCartney, Billy Joel, and Paul Simon. CURRENT TRENDS. After a dismal fourth quarter 2006 and a lackluster year in general, Transworld admitted that it failed to anticipate some of the challenges that remained associated with the remaining Musicland stores that it acquired, especially the "Sam Goody Rural" concept located in small communities. The employee data is based on information from people who have self-reported their past or current employments at Sam Goody. 9. The magazine comes in part as an expansion of the club promotion, as members of Sam Goody's frequent buyer club receive the magazine Replay for free. Amoeba Music Date: 16 December 2021: Source: Own work: Author: MagellanDragon: Licensing . The sam goody store was created by Sam Goody and has received many of Sam Goody's famous songs, including "I'll Be There" by The Beatles, "I Love You, I Love You, Baby" by The Rolling Stones, and "You Don't Know What Love Is" by The Beatles. Though the gimmick worked, Goody later had some regrets about the promo. SAM GOODY WAS A REAL GUY. Woolworth Co. closes Anderson Little-Richman Brothers)", "Gentlemen's Wear-House chain using Anderson-Little Logo", "Bell tolls for Anderson-Little. "He was a pilot at heart and went on to own a Duke and a . Bought out by Best Buy 2001. . The iconic record store changed hands many times in the years that followed and gradually lost all of the charm of the original. Many CDs had a price sticker just covering the price of their lengthy in house sticker. The company expects the technology to continue growing quickly in the near future. Friends and family dubbed him "Goody" when he was just a child . SAM.gov has Reduced the Number of New Entities Required to Obtain a CAGE Code. Sam Goody dominated the music marketplace for decades, but after several buyouts and mergers, the once-ubiquitous retailer dwindled to a few storefronts before finally fading into mall history. Sam Goody ST351 Colorblock Dry Zone Crew. Suncoast launched in 1986 as Paramount Pictures, a tentative alliance between the eponymous Hollywood film studio and Musicland, an erstwhile monolith of mall-based entertainment. Sam Goodys 26-store empire had a stellar reputation: Low prices, vast inventory, knowledgeable salespeople, $60 million in sales. Headquarters. That didnt happen because of COVID, so its been a bit of a soft launch, but Tower Records is back in business. But they competed with each other on everything and soon even the help was taking sides. storesexcept for one. sam goody prices were so low that they "rocked" the competition. Required fields are marked *. The company did show a profit of $14 million in 1997, as opposed to a loss of $194 million in 1996. Goodys flagship store on West 49th Street was constantly deluged with customersup to 4000 a day. In a plea agreement, the company pled no contest and was fined $10,000 for transporting counterfeit Grease soundtracks from Queens to Minnesota. Incorporated: 1978 as Russell, Salzedo (actually, Salzdo), (Lon) Carlos, Sam Houston State University: Distance Learning Programs, Sam Houston State University: Narrative Description, Sam Houston State University: Tabular Data, Sam Slick, the Clockmaker by Thomas Chandler Haliburton, 1835, https://www.encyclopedia.com/economics/economics-magazines/sam-goody, Industry Profiles: General Merchandise Stores. Formerly owned by Trans World Entertainment, it began in 1993 and was expanded in 2001 after buying out and rebranding mall-based Camelot, Strawberries, Record Town, Coconuts and DiscJockey stores. In September 2019 it was announced that Goodys, along with all other stores operated by Stage Stores Inc, would be converted to Gordmans stores by the end of 2020. "On Cue" redirects here. So why did he cut the whole thing loose for just $5.5 million in 1978? ." MINNETONKA, Minn. (AP) - Musicland Holding Corp., the parent company for Sam Goody music and Suncoast video stores, filed for Chapter 11 bankruptcy protection late Thursday. Are there any venomous animals in the Galapagos Islands? For the Intel-Verizon online Pay TV service, see, "Hazards of Disk Discount Biz; Bigtime Sam Goody Operation Taken Over By Creditor Group", "At 85, Sam Goody Longs For a New Business", "The Origins of Sam Goody Inc.: Capitalized on the LP Record 29 Stores in Chain", "2002 snapshot of Musicland website archived at Archive.org", "Licorice Pizza Chain Will Be Sold to American Can Unit", "Trans World set to buy struggling Musicland", "February 9, 2009 Internet Archive snapshot of samgoody.com website", "Sam Goody store to close (the last one! By 2006, the stores were sold to another competitor, Trans World Entertainment. Have you worked at Sam Goody? Musicland's stock hit a high of $14 and a low of $1 during a 52-week period in 1997-98. SAM GOODY SALESPEOPLE WERE INCREDIBLY KNOWLEDGEABLE. //]]>, headquarters: 10400 yellow circle dr.minnetonka, mn 55343 According to . Fax: (812) 867-4261 Goody top competitors are The Parlour, GRANDE AIRE SERVICES and Cre8 Salon and Spa and they have annual revenue of $9M and 47 employees. Overall, Musicland Stores Corporation's revenues totaled $1.8 billion in 1997. url: http://www.samgoody.com. Encyclopedia.com. He also managed to undercut his competition: One 1962 advertisement offered three LPs for $7.99 compared to a $13 price tag, or $4.49 per record, at Goody's competitors (in today's money, that would be a savings of $45 dollars, or $15 per LP). The Tower Records Annex was in the same building, located at the southwest corner of East 4th and Lafayette Street. was an entertainment company that ran Musicland, Sam Goody, Discount Records, Suncoast Motion Picture Company, On Cue, and the Media Play Superstore Chains. Original or Copied? When the silver price jumped like never before, I could have gotten $10 million for my $500,000 purchase.. View company information, address & phone number Sam Goody dominated the music marketplace for decades, but after several buyouts and mergers, the once-ubiquitous retailer dwindled to a few storefronts before finally fading into mall history. In the early days, Sam Goody was known for promotions such as giving customers who spent over $25 a free turntable. Faqs. Friends and family dubbed him Goody when he was just a child; according to the The New York Times, Gutowitz eventually made the moniker his legal name. Sam Goody ANCHORAGE MALL ANCHORAGE AK 99503. Sam Goody consistently gets most of its sales (40 percent) and nearly all of its profits during the end of the year, from October through December. Sam Goody, a music and entertainment chain, went the way of the cassette tape after a larger company bought it out in 2006. Furthermore, Sam Goody collaborated with ESPN to promote the cable sports channel's X Games, which included biking, skate boarding, snow skating, and other high-energy outdoor activities. Being well-versed in top 40 hits wouldnt cut it; Goody employees had encyclopedic knowledge of all things music, from opera to punk. SAM GOODY PRICES WERE SO LOW THAT THEY ROCKED THE COMPETITION. Musicland Holding Corp., the bankrupt operator of 870 Sam Goody, Suncoast and Media Play stores increased the number of stores it will close by 57, to 341. The remaining stores were purchased by Trans Most is done through newspaper inserts, but the company also runs radio and television ads on local stations in big markets such as Los Angeles, New York, and Chicago. The increased number announced Friday stems from Musicland's decision to close 46 percent of its Sam Goody and Suncoast stores with active leases. Goody Products's primary competitors include EcoTools, Cricketco, Colette Malouf Inc. and 5 more. Stairway to Heaven Is Back in Court. Get local news delivered to your inbox! View Sam Goody (http://www.samgoody.com) revenue, competitors and contact information. The American Can Company sold Musicland and Sam Goody to Best Buy for a cool $425 million in 2000. In March 2006, Trans World Entertainment, which had been acquiring their competitors for several years, announced the purchase of 400 Sam Goody and Suncoast stores. 11. Sam Goody specialized in music, video, and video game sales. We ranked the best Good Sam alternatives and sites like goodsam.com. It employs 1-5 people and has $0M-$1M of revenue. To stave off losses it shuttered hundreds of Sam Goody stores and eventually filed for bankruptcy in 2006. (860) 257-2000 Founded in 1973, FYE now operates nearly 200 stores and remains one of the most well-known names in retail entertainment. Research stores & brands like Good Sam. Trans World Entertainment Corp., a Guilderland-based entertainment products retailer has Media Play opened stores from 1992 to 2000. It was purchased by Best Buy in 2000, sold to Sun Capital in 2003, and filed for bankruptcy in 2006 closing most of its stores. U.S.A. One of his first ventures was a toy and novelty store in lower Manhattan. discount store news, 2 june 1997. [16] The last recorded instance of this store was in an Internet Archive snapshot of the Centre of Tallahassee website from April 4, 2016,[17] only to disappear by April 30. Though Goody had entrepreneurial ambitions from a young age, he wasnt always in the music business. With strong corporate backing, Sam Goody continued to expand through the mid-1990s and opened additional stores around the world. TREAT. from $34.00 Quick view. discount store news, 18 march 1996. lichtman, irv. While a Musicland Stores Corporation subsidiary, Sam Goody has contributed substantially to the corporation's success. However, whereas this format might have been successful in the United States in the 1980s and early 1990s, in the United Kingdom it came under pressure from a range of price led and established retailers. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. Find and reach Sam Goody's employees by department, seniority, title, and much . By. For example, employees were expected to have an encyclopedic knowledge of music across all genres, but employees were also compensated with generous benefits even if they worked only part-time. The iconic flagship store opened on 49th Street around this time at its peak boasted 4,000 customers a day. You mentioned that your gift card was several years old. Sam Goody is a company that operates in the Textiles industry. sold all remaining FYE and Sam Goody assets. Chief Competitors: Many of Sam Goodys competitors are local independent music stores. The program, which issued a 10% rebate when a member spent $150, had developed a reputation . Harrison, New Jersey 07029 The last Sam Goody holdout, located in San Diego, shuttered its windows on Halloween 2012. Musicland closed 236 stores from 1995 to 1997, including 107 Sam Goody stores. He also managed to undercut his competition: One 1962 advertisement offered three LPs for $7.99 compared to a $13 price tag, or $4.49 per record, at Goodys competitors (in todays money, that would be a savings of $45 dollars, or $15 per LP). 72 reviews from Sam Goody employees about Sam Goody culture, salaries, benefits, work-life balance, management, job security, and more. (February 23, 2023). See the highest-rated camper products brands like Good Sam ranked by and 41 more criteria. Los Angeles, USA Your eyes didn't deceive you if you think you spotted a retro-looking Sam Goody store in Brooklyn in 2015. After cleaning the records, Goody resold them for a whopping $25and realized he was in the wrong business. The stores averaged 4,600 square feet (430m2) but varied in size from 1000 to 30,000 square feet (2,800m2). stores. It Faced Tough Competition", "Lionel's chugs toward Chapter 11 bankruptcy was no fun", "The Parent Of Kid City Files Chapter 11 Petition", "Lionel Switches From Trains to Retail Stores", "Chasing Dreams And Nightmares; Zany Brainy Buying Noodle Kidoodle, Rival Toy Chain", "FAO Schwarz owner to again enter Chapter 11", "7 Stores Of G.E.M. Sam Goody looked to increase sales by teaming up with the Internet radio station NetRadio. Sam Goody stores are organized along genre music types and hitsnew releases and still-popular older releases that still sell well. The music division of the company was eventually sold off and rolled out into the name Musicland Stores Corporation. Goody stayed on as a consultant with American Can for five years, earning an annual salary of just $35,000. Here is a list of stores approved for closure. It was purchased by Best Buy in 2000, sold to Sun Capital Partners in 2003, and filed for bankruptcy in 2006, closing most of its stores. Sam "Goody" Gutowitz (1904-1991) of New York City opened a small record store on New York's 9th Avenue shortly after the advent of vinyl long-playing records in the late 1940s. A judge had thrown out a jury's guilty verdicts against . Jul 20, 2009, 05:12 AM EDT | Updated May 25, 2011. Amoeba Music . Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. To this end, Sam Goody launched a frequent buyer club, monthly magazines, a line of Sam Goody apparel, and sponsored events where it could promote its name. Music industry analysts viewed the economic environment of mid-1997 as favorable for music retailers such as Sam Goody, according to Dow Jones Newswires. Company Profiles for Students. The third store, Tower Video, was located on the southeast corner of East 4th and Lafayette Street, and specialized in video and, Tower planned to relaunch with a big coming-out party at the South by Southwest Festival in 2020. Most online reference entries and articles do not have page numbers. Box 2821 To have a job at the Sam Goody flagship store, employees had to prove they possessed a vast knowledge of music. Sam Goody was a music and entertainment retailer in the United States and United Kingdom, operated by The Musicland Group inc. In 1955, business was booming to the point that the flagship location sold 7 percent of the 33 1/3-rpm disks in the entire nation, with a gross income of close to $4 million. The stores in the U.K. are responsible for their own purchasing and distribution. Best Buy eventually decided to exit the market as CD sales began to decline and sold off Musicland to Sun Capital. 21 S Dubuque St Iowa City, IA 52240 (319) 351-2908 Buy Now About Treat . When the promotion proved successful, he repeated it with half-dollars, buying 400,000 JFK 50-cent pieces to give to customers spending $10. There are 206 locations as of May 2019. How many Kmarts are left in the United States? Although he did some retail business from his main store on 49th Street, most of his volume was in mail-order sales at discount prices, of which he was a pioneer. records into one of the worlds largest record stores, died yesterday at St. Johns Hospital in Far Rockaway, Queens. Minimum 50 hours a week/salary as management. 2801 West Tyvola Road Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. U.S.A. 2019Encyclopedia.com | All rights reserved. It was purchased by Best Buy in 2000, sold to Sun Capital in 2003, and filed for bankruptcy in 2006 closing most of its stores. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). The Company o ffers roadside assistance, extended warranty, vehicle insurance, finance, travel assistance, and travel planning services. It employs 6-10 people and has $0M-$1M of revenue. Ownership: Sam Goody is a wholly owned subsidiary of Musicland Stores Corporation, a publicly owned company traded on the New York Stock Exchange. Trans World a finalement converti tous les emplacements de Sam Goody en f.y.e. Sam Goody, along with Musicland subsidiary Sun-coast Video, began offering digital viedo discs (DVD) to customers in 1997. There are new changes to the "Financial . In a plea agreement, the company pled no contest and was fined $10,000 for transporting counterfeit Grease soundtracks from Queens to Minnesota. (CNNMoney.com) - Music retailer Musicland Holding Corp., which operates stores under the Sam Goody . [CDATA[ Hot Topic With competition not only from other music specialists such as Warehouse Records and Recordtown but also from superstores and discount stores, Sam Goody sought to retain its position as part of the leading music retail company. Zippia gives an in-depth look into the details of Sam Goody, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sam Goody. Due to the financial problems of its parent company, Musicland Stores Corporation, Sam Goody faced an uncertain future in 1997. Description: English: This is a logo used by the American music retailer Sam Goody, from the 1940s until the 1980s. James Greenwood Retrieved February 23, 2023 from Encyclopedia.com: https://www.encyclopedia.com/economics/economics-magazines/sam-goody. When long-play records first hit the market, Goody courted customers by giving complementary turntables to anyone who spent more than $25. . 23 Feb. 2023 . U.S.A. The remaining stores were purchased by Trans World Entertainment, which also runs FYE, Saturday Matinee, and Suncoast Motion Picture Company. But the relationship didnt last long. Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated. To stave off losses it shuttered hundreds of Sam Goody stores and eventually filed for bankruptcy in 2006. GOODY SOLD OUT TO THE AMERICAN CAN COMPANY. As a result, Musicland Stores Corporation experienced heightened debt and credit difficulties that affected its Sam Goody division. He died of heart failure, said his son, Howard. DVD is new to the video field, offering laser technology in a small physical format with excellent sound and picture quality. INSPIRATION STRUCK AFTER GOODY ACQUIRED RECORDS FOR A CUSTOMER. from $32.00 1 2 Next. Obviously, I was more of a National Record Mart kid this is Pittsburgh, after all but an actual Sam Goody, inside an actual mall Telephone: (973) 481-1100 When long-play records first hit the market, Goody courted customers by giving complementary turntables to anyone who spent more than $25. $12.0M. Long before celebrity judges listened to local talent for reality TV purposes, Sam Goody tapped the unsigned band market for promotional purposes. In the mid-1990s, part of Sam Goody's strategy included reducing its prices to take on discount rivals; however, this plan ultimately hurt the company by substantially reducing its profit margins. SAM GOODY is located at 1325 METROCENTER UNIT 797, Jackson, Mississippi. Observers noted that, in 1995 and 1996, a glut of music stores chased after a limited pool of customers but, after a spree of closings and consolidations, companies such as Sam Goody became lean and efficient enough to operate successfully in the industry. So I sold the company.. Can Episcopalians get Catholic communion? While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Musicland was acquired by Trans World Entertainment Corporation (TWMC) which changed all the locations to FYEs -- stores that make Sam Goody look like Vintage Vinyl.While you won't find a Sam Goody tucked next to a Waldenbooks or Calendar Kiosk today a cassette suitcase or Sony Discman might conjure a fond memory or 2. [8] The Musicland Group was once the largest music retailer in the country, operating at its peak more than 1300 stores, over 800 of them Sam Goodys, and earning over $2 billion in annual revenue. In 1995, when Musicland Group Inc., Sam Goody's Minnetonka, MN-based corporate parent, reviewed the program, it found rampant problems. The pleas by Sam Goody Inc. and the 65-year-old former executive, Samuel Stolon, in effect restored their convictions of more than a year. Read More. [20][21] At the chain's height, there were 22 stores and only 14 stores remained when the company exited the UK market.[20]. converted the Coconuts Music and Movies store in Delaware Plaza in the Albany, N.Y., suburb of Delmar into an FYE store brand", "Tallahassee Mall: Longtime customers help mall businesses survive", "Sunrise Records Completes FYE Acquisition From Trans World Entertainment", https://en.wikipedia.org/w/index.php?title=Sam_Goody&oldid=1122851478, Defunct retail companies of the United States, Defunct retail companies of the United Kingdom, Companies that filed for Chapter 11 bankruptcy in 2006, Short description is different from Wikidata, Articles containing potentially dated statements from August 2022, All articles containing potentially dated statements, Articles with unsourced statements from December 2014, Creative Commons Attribution-ShareAlike License 3.0, VHS Tapes, DVDs, CDs, Cassettes, Movies, Video Games, Posters, Comics, Merchandise, Books, This page was last edited on 20 November 2022, at 04:49. Goody left the company shortly after the sale and died in 1991 at age 87. The store recently moved to larger space in the shopping center, doubling its 1,600-square-foot store. The Wall was known to by their customers for their Loyalty programs, to listen to music before purchasing it and exchange any of their damaged cassettes and CDs for free. In the late 1930s, Sam Goody made his entrance in the music industry by selling 78 rpm (revolutions per minute) records while operating a toy store in New York City. Little Rock, Arkansas 72201 The man who founded the ubiquitous mall chain was born Samuel Gutowitz on February 25, 1904. The American Can Company sold Musicland and Sam Goody to Best Buy for a cool $425 million in 2000. Learn about their Grocery Retail, Retail market share, competitors, and Sam Goody's email format. It was purchased by Best Buy in 2000, sold to Sun Capital Partners in 2003, and filed for bankruptcy in 2006, closing most of its stores. As part of the consolidation, vice president, retail operations Tim Sheehan was promoted to senior VP/stores, reporting to Freeland and overseeing Sam Goody, Suncoast and Media Play field personnel, retail operations and sales development. Supervalu to sell markets", "Hundreds flock to Penn Dutch in Margate for going-out-of-business sale", "Purity Supreme name about to disappear from the scene", "Stop and Shop To Buy Purity Supreme Chain", "Wherehouse to Buy Blockbuster Music: The $115-million cash deal would make Wherehouse the nation's No. HOUSTON Stage Stores announced Monday that the company has filed for Chapter 11 bankruptcy, according to a news release. Learn about their Grocery Retail, Retail market share, competitors, and Sam Goody's email format. [15], By late 2015, Transworld had a fully operational Sam Goody in the newly renovated Centre of Tallahassee in Tallahassee, Florida. The company also introduced the concept of megastores like some of their competitors such as Virgin Megastores and Tower Records and had up to five 30,000 to 50,000 square foot stores with cafes, CDs, cassettes, videos, and apparel items. U.S.A. Get Your Goody s Online Shop Goody Gourmets. In 1986, Sam Goody's corporate parent Musicland purchased the then just recently purchased 34-store Southern California-based Licorice Pizza chain and 26 other record stores for $13 million from Record Bar. SAM GOODY WAS A REAL GUY. . En 2006, les magasins ont t vendus un autre concurrent, Trans World Entertainment. Saturday, I was sitting inside a booth at a mall pizza joint, struggling to get the tight plastic wrap off of a CD I had just purchased. 13. TWEC retained the Suncoast name on around 170 stores after acquisition. Previously, Sam Goody launched a successful frequent buyer program, giving members a 10 percent discount after purchasing a $10 membership. Record shop chains still present in North America include. On this Wikipedia the language links are at the top of the page across from the article title. Instead of growth, the company planned to focus on improving existing stores in 1998. / Nevertheless, Sam Goody's parent company confronted serious obstacles in its attempt to stabilize after floundering for several years, but Musicland Stores Corporation has taken the steps recommended by industry analysts, so company executives remained optimistic and brushed off rumors that it would file for bankruptcy. The chain was then acquired by Stage Stores Inc in July 2009, from the bankruptcy auction. Between 2007 and 2008, Trans World converted most of the stores into FYE. Sign Up . As Sam Goody grew, it had a unique culture among record stores. One of his first ventures was a toy and novelty store in lower Manhattan. The code attached to one had 1499 in their product code with a new $15.99 price on it(yes,on a 13.98 MLP item). magasins . Record shop chains still present in North America include Sunrise Records (Canada), FYE, Sam Goody and Rough Trade (all USA). www.samgoody.com. Is it unhealthy to cook with chicken fat? The second part of the company's strategy called for greater promotion of the company's name and emphasis on brand recognition. In 1997 the music industry began to turn around with higher sales and notas-fierce price competition. On this Wikipedia the language links are at the top of the page across from the article title. Dillard Department Stores Inc almost all of which were eventually converted to their flagship brand, Gordmans, which it acquired in 2017 Sam "Goody" Gutowitz (1904-1991) of New York City opened a small record store on New York's 9th Avenue shortly after the advent of vinyl long-playing records in the late 1940s.