[7] At Edgar Peck's death, Time magazine reported that the brothers once had to pay rent every 24 hours to a distrusting landlord,[8] but now had 19 stores.
[11] Through a combination of poor management and widely decentralized locations, the chain was basically shut down and sold off in pieces.
[11] Some specific store locations of the chain were sold by Salkin & Linoff in the mid/late 1980s to H. C. Prange Co. of Sheboygan, Wisconsin.
Salkin & Linoff closed their last five stores in January 1991, and the assets were sold at a bankruptcy sale.
[12] However, the brand was brought back again when Stein Mart reopened as an online retailer, which is not related to the former company.