C A L D O R _ 1951 Pin

Caldor, Inc. was a discount department store chain founded in 1951 by husband and wife Carl and Dorothy Bennett. Referred to by many as "the Bloomingdale's of discounting,"Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, New York, into a regional retailing giant. Its stores were earning over $1 billion (~$2.17 billion in 2021) in sales by the time Carl Bennett retired in 1985, by which time Caldor was a subsidiary of Associated Dry Goods. Despite its successes, Caldor suffered from financial issues by the 1990s. The company was liquidated and all 145 stores were closed by May 1999.