Caldor

Caldor is a defunct regional discount department store chain that operated from 1951 until 1999, primarily in the northeastern United States and New England. The discount retailer was founded by Carl and Dorothy Bennett in 1951 in Port Chester, New York and later moved operations to Norwalk, Connecticut. Despite being a popular destination for shoppers, Caldor ran into financial troubles due to increasing competition from national chains like Walmart and Target in their primary market areas. The company filed for Chapter 11 bankruptcy in 1995 and never emerged from it, eventually resorting to liquidating its remaining 145 stores in 1999.