Abraham & Straus (or A&S;), now defunct, was a major New York City department store, based in Brooklyn, New York. Federated Department Stores eliminated the A&S; brand shortly after its 1994 acquisition of R.H. Macy & Company. Most A&S; stores took the Macy's name, although a few became part of Stern's, a Federated division that was based in Paramus, New Jersey, and offered lower-end goods than did Macy's or A&S.;
The first Brooklyn store, opened...
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Abraham & Straus (or A&S;), now defunct, was a major New York City department store, based in Brooklyn, New York. Federated Department Stores eliminated the A&S; brand shortly after its 1994 acquisition of R.H. Macy & Company. Most A&S; stores took the Macy's name, although a few became part of Stern's, a Federated division that was based in Paramus, New Jersey, and offered lower-end goods than did Macy's or A&S.;
The first Brooklyn store, opened in 1865, was 25 feet by 90 feet, and was at 285 Fulton Street, which Abraham Abraham, age 22, opened with Joseph Wechsler with $5,000 contributions each.
After the opening of the Brooklyn Bridge, Abraham studied a store nicknamed Wheeler's Folly at 422 Fulton Street and bought it.
On April 1, 1893, Nathan Straus, Isidor Straus and Simon F. Rothschild as partners bought out Wechsler and Wechsler & Abraham dry goods firm became Abraham & Straus (with the Straus brothers providing the financing but Rothschild being the active partner).
The...
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