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词条 Scottish Drapery Corporation
释义

  1. History

  2. References

{{Use dmy dates|date=September 2015}}{{Use British English|date=September 2015}}

Scottish Drapery Corporation was a holding company for a group of Scottish department stores and drapers.

History

In 1926 the Scottish Drapery Corporartion was created to take over the share capital of several Scottish businesses. They were Pettigrew & Stephens a department store in Glasgow; Patrick Thomson Ltd a department store in Edinburgh; D M Brown Ltd a drapers in Dundee and Watt & Grant Ltd a drapers in Aberdeen.[1] The idea was to increase the buying power and financial resources of the businesses, and were run by John Campbell, who had worked his way up through Pettigrew & Stephens.[2]

The business continued to grow by purchasing a raft of business between 1928 and 1950. These were:

  • 1928 - J & R Allan Ltd a silk mercers and drapers in Edinburgh
  • 1929 - John Falconer & Co Ltd a drapers in Aberdeen
  • 1934 - Daly & Sons a department store in Glasgow
  • 1936 - J D Blair & Sons Ltd a drapers in Edinburgh
  • 1938 - Cochranes Stores Ltd a ladies outfitters in Edinburgh (was incorporated into J D Blair & Sons)
  • 1946 - J & S Shannon Ltd a yacht outfitters in Greenock
  • 1949 - Reid & Pearson Ltd a drapers in Aberdeen
  • 1950 - A & R Milne a drapers in Aberdeen

In 1952, House of Fraser purchased the Scottish Drapery Corporation (which two thirds of the shares were then held by Debenhams)[3] merging the individually run businesses into the House of Fraser group. To fund the purchase of the Corporation, House of Fraser sold all bar the two department stores property to Legal & General and leased them back at favourable rates.[4]

After the House of Fraser takeover, D M Brown continued to trade under this name until 1972 when it became Arnotts. This closed in 2002[5]

and Reid & Pearson closed in 1960s.[6] J & R Allen was converted into an Arnots during the 1970s but subsequently closed.

References

1. ^{{cite web|url=http://www.housefraserarchive.ac.uk/company/?id=c0723|title=House of Fraser Archive : Company:Scottish Drapery Corporation|accessdate=14 Nov 2014}}
2. ^{{cite web|url=http://www.pollokshieldsheritage.org/Notable%20Residents/CampbellJ.html|title=John Campbell - Pollokshields Heritage Website|accessdate=14 Nov 2014}}
3. ^{{cite book|url=https://books.google.com/books?id=YUddAgAAQBAJ&pg=PA189&lpg=PA189&dq=%22darling+%26+co%22+edinburgh&source=bl&ots=uT0P_0ZLhr&sig=Y25TMnb49ygYcXnhBC_hsxf5JCY&hl=en&sa=X&ei=sx5rVIHaKYKuafWOgPAK&ved=0CEIQ6AEwBg#v=onepage&q=%22darling%20%26%20co%22%20edinburgh&f=false|title=Scotland in Modern Times by William H Marwick|accessdate=18 Nov 2014}}
4. ^{{cite web|url=http://www.housefraserarchive.ac.uk/company/?id=c0723|title=House of Fraser Archive : Company:Scottish Drapery Corporation|accessdate=14 Nov 2014}}
5. ^{{cite web|url=http://grumpymansgripe.blogspot.co.uk/2012/10/dundee-shops-gone-but-not-forgetten-1.html|title=Dundee Shops Lost but Not Forgotten - Grumpy Mans Gripe Blogspot|accessdate=14 Nov 2014}}
6. ^{{cite web|url=http://www.mcjazz.f2s.com/St_NicholasStreet.htm|title=St Nicholas Street - The Doric Columns Website|accessdate=14 Nov 2014}}

10 : 1926 establishments in Scotland|Holding companies established in 1926|Defunct department stores of the United Kingdom|Holding companies|House of Fraser|Retail companies of Scotland|Holding companies disestablished in the 20th century|1952 disestablishments in Scotland|Companies disestablished in 1952|1952 mergers and acquisitions

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