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'''Gold Triangle stores''' were a chain of discount hard goods stores owned and operated by [[Federated Department Stores]], the parent company of [[Burdines]]. The first store was a 77,000 Square foot store located at 7420 North Kendall Drive, [[Miami]], FL (Dadeland area) that opened Thursday May 21, 1970. The stores were direct competitors to the already popular [[Zayre's]] stores.<ref>The Miami News, May 19, 1970, pg. 4-B</ref> |
'''Gold Triangle stores''' were a chain of discount hard goods stores owned and operated by [[Federated Department Stores]], the parent company of [[Burdines]]. The first store was a 77,000 Square foot store located at 7420 North Kendall Drive, [[Miami]], FL (Dadeland area) that opened Thursday May 21, 1970. The stores were direct competitors to the already popular [[Zayre's]] stores.<ref>The Miami News, May 19, 1970, pg. 4-B</ref> |
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Revision as of 14:49, 24 July 2020
Gold Triangle stores were a chain of discount hard goods stores owned and operated by Federated Department Stores, the parent company of Burdines. The first store was a 77,000 Square foot store located at 7420 North Kendall Drive, Miami, FL (Dadeland area) that opened Thursday May 21, 1970. The stores were direct competitors to the already popular Zayre's stores.[1]
The stores had 16 departments that carried major and small appliances, sporting goods, fishing and boating equipment, handheld and electric tools, and a wide range of household goods. The stores carried a much larger inventory of each item than most other stores, so rather than carry 200 fishing rods, Gold Triangle might carry 600. The stores philosophy of "Touch and Try" encouraged customers to handle the merchandise and where possible, try it. One example was a small indoor driving range in the Golf Shop where golfers could tee up balls and drive them into nets. The Major Appliance Department had operating washing machines and clothes dryers. This same philosophy was present in all 16 departments. [2]
Gold Triangle closed its six stores, three in Dade County and three in Broward County, right after the Christmas Holiday Season, 1981. Slumping sales were cited as the reason for the closings. Some of the stores were converted to Richway Discount Stores, another division of Federated, which had sales growth during the same time period. Richway carried much of the same merchandise as Gold Triangle with the addition of clothing. [3]