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.infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">John's Bargain Store</caption><tbody><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category">Retail</td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-country country-name">United States</div></td></tr></tbody></table> <p><b>John's Bargain Store</b> was a chain of variety stores in the <a href="/wiki/Northeastern_United_States" title="Northeastern United States">Northeast</a> and <a href="/wiki/Midwestern_United_States" title="Midwestern United States">Midwest</a> of the United States. It was founded in 1955.<sup id="cite_ref-nyt2_1-0" class="reference"><a href="#cite_note-nyt2-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>The stores were, according to the <i><a href="/wiki/New_York_Times" class="mw-redirect" title="New York Times">New York Times</a></i>:<sup id="cite_ref-nyt_2-0" class="reference"><a href="#cite_note-nyt-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p> <blockquote><p>"with its big red sign and white lettering... once a nearly ubiquitous presence in the <a href="/wiki/New_York_metropolitan_area" title="New York metropolitan area">New York metropolitan area</a>, particularly in low-income sections. It grazed the low end of retailing... paying cheap rent for locations few other retailers wanted... buying merchandise that could be startlingly inexpensive, often because the manufacturer had overestimated demand."</p></blockquote> <p>There were 527 John's Bargain Stores in the Northeast and in Puerto Rico at its zenith in the mid-1960s.<sup id="cite_ref-nyt_2-1" class="reference"><a href="#cite_note-nyt-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> Between 1961 and 1965 the chain earned $1,000,000 per year or more in profits each year. However, in 1966 they ran a $523,947 (~$3.76 million in 2023) loss. <a href="/wiki/Shoplifting" title="Shoplifting">Shoplifting</a> was a problem, among others. John's had an average 32% markup on its goods, versus an average of 40% across its competitors. By September 1967, bankruptcy had been declared, there were 474 stores with sales of $62 million (~$432 million in 2023), and about 200 of the stores operated at a loss. The company had $15,788,291 in assets and $11,659,444 in debt.<sup id="cite_ref-nyt2_1-1" class="reference"><a href="#cite_note-nyt2-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=John%27s_Bargain_Store&action=edit&section=1" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-nyt2-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-nyt2_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-nyt2_1-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://timesmachine.nytimes.com/timesmachine/1967/09/07/82606689.html?pageNumber=81">"Pilferage in High at John's Stores"</a>. <i>New York Times</i>. September 7, 1967. pp. 81, 85<span class="reference-accessdate">. Retrieved <span class="nowrap">June 22,</span> 2020</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=New+York+Times&rft.atitle=Pilferage+in+High+at+John%27s+Stores&rft.pages=81%2C+85&rft.date=1967-09-07&rft_id=https%3A%2F%2Ftimesmachine.nytimes.com%2Ftimesmachine%2F1967%2F09%2F07%2F82606689.html%3FpageNumber%3D81&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJohn%27s+Bargain+Store" class="Z3988"></span></span> </li> <li id="cite_note-nyt-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-nyt_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-nyt_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMartin,_Douglas2002" class="citation news cs1">Martin, Douglas (1 June 2002). <a rel="nofollow" class="external text" href="https://www.nytimes.com/2002/06/02/nyregion/david-cohen-is-dead-at-80-led-chain-of-bargain-stores.html">"David Cohen Is Dead at 80; Led Chain of Bargain Stores"</a>. <i>The New York Times</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+New+York+Times&rft.atitle=David+Cohen+Is+Dead+at+80%3B+Led+Chain+of+Bargain+Stores&rft.date=2002-06-01&rft.au=Martin%2C+Douglas&rft_id=https%3A%2F%2Fwww.nytimes.com%2F2002%2F06%2F02%2Fnyregion%2Fdavid-cohen-is-dead-at-80-led-chain-of-bargain-stores.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJohn%27s+Bargain+Store" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.14to42.net/14streete512.html">"John's Bargain Store (John's, 512 E. 14th St. between Ave. A and Ave. B (1986))"</a>. <i>14to42.net</i><span class="reference-accessdate">. Retrieved <span class="nowrap">4 September</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=14to42.net&rft.atitle=John%27s+Bargain+Store+%28John%27s%2C+512+E.+14th+St.+between+Ave.+A+and+Ave.+B+%281986%29%29&rft_id=http%3A%2F%2Fwww.14to42.net%2F14streete512.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJohn%27s+Bargain+Store" class="Z3988"></span></span> </li> </ol></div></div> <ul><li>"Everybody's Far-Out Bargain Store", <i><a href="/wiki/Business_Week" class="mw-redirect" title="Business Week">Business Week</a></i>, May 25, 1963, p. 110</li> <li>"Nothing But Bargains", <i><a href="/wiki/Fortune_(magazine)" title="Fortune (magazine)">Fortune</a></i>, August 1960, p. 153</li></ul>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=John%27s_Bargain_Store&oldid=1174685850">https://en.wikipedia.org/w/index.php?title=John%27s_Bargain_Store&oldid=1174685850</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Variety_stores" title="Category:Variety stores">Variety stores</a></li><li><a href="/wiki/Category:Defunct_retail_companies_of_the_United_States" title="Category:Defunct retail companies of the United States">Defunct retail companies of the United States</a></li><li><a href="/wiki/Category:Defunct_department_stores_based_in_New_York_City" title="Category:Defunct department stores based in New York City">Defunct department stores based in New York City</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 10 September 2023, at 02:00<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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