[2] In 2001, after facing stiff competition from The Home Depot and Lowe's, the company filed bankruptcy and shut down.
[1] The company had its roots in a store opened in 1935 by Louis Pergament in Franklin Square, New York.
[1][2] Control of the company wound up in the hands of its lender, Westdeutsche Landesbank.
[6] In 2001, after facing stiff competition from The Home Depot and Lowe's, the company filed bankruptcy and shut down.
[1] In 2013, Bob Pergament, the son of the founder, told his memoirs about the chain.