About Deb ShopsDeb Shops is a chain of specialty retail stores in the US that sells clothing and accessories under the brand of women itself as other manufacturers. The company is located in Philadelphia, Pennsylvania and mainly serve basis and plus size women in their teens through age close. At its peak, 337 stores operating Deb stores across 42 states.
The company was founded by Philip Rounick and Aaron Weiner, who opened their first store under the name JOY Hosiery in Philadelphia, Pennsylvania in 1932. JOY Hosiery sold at reasonable prices hosiery, underwear, and basis in a variety of styles. In 1939, it is added to nylon stockings to your inventory when become available.
DEB Shop, Westland, Michigan
The company expanded in the Philadelphia area in 1950. Company co-founder Philip Rounick son, Marvin Rounick, has become more involved in the management of companies involved in 1961. Co-son Founder Aaron Weiner of Weiner Warren, doing so in 1965. During this period, the company had observed the new phenomenon of suburban growth and the construction of shopping centers. They responded by opening stores in some locations to make them bigger and provide more cargo.
In the 1970s, Marvin Rounick and Warren Weiner plays most types of merchandise and focused on opening large stores in the mall. The chain also renamed store Deb and refocus on women's and girls' clothing.
The company is listed on the NASDAQ Exchange under the ticker symbol Debs. However, it was removed from the exchange after being bought in 2007 by the investment firm of Lee Equity Partners for $ 395 million, or $ 28.45 per share.
DSI Holdings parent company filed for bankruptcy on June 27, 2011. The company filed for bankruptcy again on December 4, 2014. On January 7, 2015, they were announced that they will close all shops selling 295. The last occurred on March 30, 2015. As of September 2015 they are back online.