Renys
 | This article needs additional citations for verification. (June 2013) |
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| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 1949 |
| Founder | Robert H. Reny |
| Headquarters | , United States |
Number of locations | 18[1] (headquarters + retail stores) |
| Website | renys.com |
R.H. Reny, Inc.,[2] doing business as Renys: A Maine Adventure, is a chain of department stores located throughout the state of Maine. The chain has been in business since 1949 when Robert H. Reny opened his first store in Damariscotta. In 2004, two of his sons began running the chain.
In Fortune Magazine's Small Business column, Renys was cited as an example of a small business doing well in the face of competition from Walmart. Renys management studied the competition and realized the company could have an advantage in clothing. Renys purchases small lots of high-quality brands at a discount by buying production overruns, closeouts, irregulars, and factory seconds.[3]
The company headquarters and distribution center are located in Newcastle. There are 18 retail store locations: Bangor, Bath, Belfast, Bridgton, Camden, Damariscotta (two stores), Dexter, Ellsworth, Farmington, Gardiner, Madison, Pittsfield, Portland, Saco, Topsham, Wells and Windham.
Renys had one store located in Aroostook county, the store was in Fort Kent, Maine. The store was closed in September of 1999 due to conditions of the building cited as unsafe. Renys was a popular place to shop for the residents from all around the St John Valley. The store withstood floods from the St John river, prior to the dike being built downtown. Also the store on 2 occasions had fire damage. The store was repaired and reopened only to fall to the hands of time.[1][4][5]
External links
[edit]References
[edit]- ^ a b "Renys Locations". Renys. Retrieved 18 August 2011.
- ^ Renys official web site
- ^ Hyatt, Joshua (2004-09-01). "Beat The Beast". FORTUNE Small Business. Retrieved 2006-04-30.
- ^ Murphy, Edward D. (21 December 2010). "Out goes Bean, in comes Renys". Portland Press Herald. Retrieved 21 March 2011.
- ^ Moore, Darcie (14 April 2011). "Renys planning store in Topsham". The Times Record. Retrieved 18 April 2011.[permanent dead link]