Dividends from the donated stock funded a cash prize, the C. R. Anthony Award, to a deserving local Native American artist.

[1] Anthony and Penney first met in St. Louis in 1904, when both were buying merchandise from the same wholesale dealer's warehouse.

Anthony resigned from the Martin company and moved to southern Idaho as assistant manager of a Penney's store.

However, Anthony could not raise enough cash to buy a third of the store, so he was unable to become a full manager.

Anthony considered his core market to be rural and small-town people, and he paid close attentions to meeting their desires in merchandise.

Anthony Co. in recognition of contributions to Oklahoma City in areas of community service, monetary donations, employee voluntarism and the overall quality of life.

The same article said that Anthonys had 88 department stores in Oklahoma in 1985, and reported sales of more than $427.5 million.

Anthonys filed for Chapter 11 bankruptcy in 1991 after bank lenders refused to fund seasonal line of credit after technical default on a loan[9] At the time it operated 182 stores in the United States.

[9] Continental Bank, N. A. of Illinois cut the $32 million line of credit that Anthonys normally used seasonally to pay for new merchandise.

Anthony's executives said that the bank's action was because the store chain had fallen below a ratio of fixed charges to operating income specified in the $40 million financing agreement that had allowed the corporate buyout in 1987, and that Anthony's had not fallen behind in any payments on its loans.

At the time of the merger Anthony's operated 226 stores in 14 states[6] and opened 13 more before the buyout was complete.

[1] Stage Stores itself filed for Chapter 11 bankruptcy in May 2020 after failing to find a buyer for the chain.