Caldor

Caldor Inc.
Company type	Public
Traded as	NYSE: CLD
Founded	1951
Founders	Carl and Dorothy Bennett
Defunct	May 15, 1999
Fate	Bankruptcy, Liquidation
Headquarters	Norwalk, Connecticut, U.S.
Number of locations	145 (1998)
Area served	Northeastern United States
Number of employees	22,000 (1998)
Parent	Independent (1951–1981, 1991–1999)
Website	Caldor.com (archived) Caldor.com

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,"^[1] Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, New York, into a regional retailing giant.^[2] Its stores were earning over $1 billion (~$2.41 billion in 2023) in sales by the time Carl Bennett retired in 1985, by which time Caldor was a subsidiary of Associated Dry Goods.^[3]

Despite its successes, Caldor suffered from financial issues by the 1990s. The company was liquidated and all 145 stores were closed by May 1999.

^ Barmash, Isadore (October 28, 1979). "A Bloomingdale's of Discounting". The New York Times.
^ "47 James Cook, 'Doing His Own Thing'". Forbes. May 1, 1978.
^ Green, Richard (March 23, 1984). "Carl Bennett steps down at Caldor". Stamford Advocate.

[barmash1979-1] Barmash, Isadore (October 28, 1979). "A Bloomingdale's of Discounting". The New York Times.

[cook1978-2] "47 James Cook, 'Doing His Own Thing'". Forbes. May 1, 1978.

[green1984-3] Green, Richard (March 23, 1984). "Carl Bennett steps down at Caldor". Stamford Advocate.

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Caldor

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