Lion Store

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Company typeDepartment store
IndustryRetail
Founded1857
Defunct1999 (Ceased operation as a legal entity in 2006)[1]
The Lion Dry Goods Co.
Company typeDepartment store
IndustryRetail
Founded1857
Defunct1999 (Ceased operation as a legal entity in 2006)[1]
FateMerged with Dillard's through Mercantile Stores
SuccessorDillard's
HeadquartersToledo, Ohio
ProductsClothing, footwear, furniture, jewelry, beauty products, and housewares.
ParentMercantile Stores Company, Inc.
Websitewww.dillards.com

Lion Store (founded in 1857 as Frederick Eaton & Co. and incorporated in 1890 as The Lion Dry Goods Co.) was a Toledo, Ohio department store chain. Mercantile Stores operated the chain from 1914 until its 1998 acquisition by Dillard's, which retired the Lion nameplate in 1999.[2][3][4]

Originally established as a downtown-based dry goods retailer, Lion evolved during the post-war period, establishing new stores during Toledo's suburbanization and closing the downtown store in 1980 amid urban decay.[4] By 1998, the chain comprised three fashion apparel stores and two home furnishing stores in area shopping malls targeting middle to upper-middle income consumers.[5]

Long a dominant Toledo retailer, Lion held an estimated thirty to forty percent market share in 1998.[6] The store influenced the growth of Toledo's retail environment, with developers acknowledging that their projects hinged on whether Lion would become an anchor tenant.[6] Lion's outsized influence on local consumers prompted one local retail executive to jokingly remark that "people born in Toledo are born with two things: a Social Security card and a Lion credit card."[6]

Early years

References

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