Who Owns Rainbow Shops?

Rainbow USA Inc. (merely Rainbow, or generally called Rainbow Shops) is a privately held, and fairly priced American retail apparel chain that accommodates quite a few lifestyle producers primarily concentrating on youngsters and youthful girls. The agency has its headquarters throughout the East New York a part of Brooklyn, New York, U.S.

Rainbow Shops was primarily based in 1935, by Irving Arthur Swarzman, in New York City. Irving, an Austrian native who was raised in Brooklyn, launched his 4 brothers (Herman, Oscar, Ira, and Nat) into the enterprise as they reached working age.

The brothers constructed the enterprise from one retailer to a extreme of eighty-two retailers sooner than selling the enterprise throughout the Nineteen Eighties, primarily based on Irving’s granddaughter. Rainbow is in the meanwhile owned by the Syrian-Jewish Chehebar family.

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Today, along with sister producers 5-7-9 and Marianne, the company operates 1,300 retailers in Puerto Rico, United States, and the U.S. Virgin Islands.

Rainbow retailers are a median of 5,000 sq. ft., and each retailer’s merchandise varies by location, and depends upon upon demographics along with the scale of the state of affairs. Its greater retailers typically carry juniors, footwear, plus, lingerie, and kids departments.

Who Owns Rainbow Shops?

Rainbow Shops is a personal agency owned by the Syrian-Jewish Chehebar family.

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