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CSS Industries company history timeline

1923

1923: Founding as City Stores with acquisition of established department stores.

1946

The company also acquired Richard Store of Miami from BSC in 1946.

1951

The company merged Lit Bros. into City Stores' operations in 1951.

1966

City Stores acquired Wolf & Dessauer Co. for $3.9 million in 1966, but sold the company three years later along with Kaufman-Straus.

1968

R.H. White opened a second suburban store, a 50,000-square-foot facility, in Leominster, Massachusetts, in 1968.

1976

In late 1976 City Stores closed the Lit Bros. store at 8th and Market streets in downtown Philadelphia, diverting customers to the company's suburban stores.

1979

After several years of low profits or net losses, City Stores filed for Chapter 11 bankruptcy in July 1979.

1982

Farber closed or discontinued department store operations in 1982 and discontinued west coast operations of W & J Sloane.

1984

In 1984 Farber discontinued some retail operations of W & J Sloane and sold remaining operations to R.B. Furniture.

1986

In 1986 sales reached $33 million with net income of $4 million.

1987

In 1987 sales at Rapidforms increased 40 percent, with 18 percent of the increase originating from the first full year of operations at Russell and Miller under CSS ownership.

1988

1988: Purchase of Paper Magic leads company to focus on gift wrap and accessories.

1991

Paper Magic acquired Spearhead Industries for $14.8 million in 1991.

1995

CSS added to its line of Halloween products in 1995 with the purchase of certain assets of Topstone Industries and Illusive Concepts; the latter specialized in crafted Halloween masks.

Although Cleo's revenues reached $189 million in 1995, the company had operated at a loss for several years.

1996

Sales at Color Clings reached $30 million in 1996.

1999

David Erskine was named CEO and president in 1999, replacing Jack Farber, who remained as Chairman of the Board.

CSS continued to develop and expand its seasonal product lines in 1999.

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Founded
1923
Company founded
Headquarters
Plymouth Meeting, PA
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Zippia gives an in-depth look into the details of CSS Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CSS Industries. The employee data is based on information from people who have self-reported their past or current employments at CSS Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CSS Industries. The data presented on this page does not represent the view of CSS Industries and its employees or that of Zippia.

CSS Industries may also be known as or be related to CSS Industries, CSS Industries Inc, CSS Industries Inc., CSS Industries, Inc. and Css Industries, Inc.