With Hackfeld's huge sugarcane plantations and land interests, American Factors (later known as Amfac) became one of Hawaii's Big Five landowners.

The mainland operation eventually included stores in Arizona, California, Nevada, Oregon, Texas, New Mexico and Washington.

Poor results and a scattered footprint caused the rethinking of future investment, and in 1978 Liberty House began winding down the mainland stores, with the remaining ten being sold in 1984.

[3] In 1988 Amfac was acquired in a leveraged-buyout by JMB Realty Corp., a Chicago real estate investment company, under whose ownership Liberty House expanded to Micronesia Mall in Guam in 1994.

In 2001, after emerging from bankruptcy, the company was acquired by Federated Department Stores and merged into Macy's West.