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In that same year work was begun on a new $21 million terminal, the largest in the country when it opened in May 1961.
In order to concentrate on its airport gift shops, the Paradies family sold Paradies and Company in 1980.
Although Dan Paradies was not initially accused of wrongdoing, a federal investigation ensued and in 1993 he found himself part of a 131-count indictment also directed at Wilbourn and Jackson.
The Paradies Shops severed its ties to Hartsfield when its leases expired in 1995 and the company opted not to participate in the proposal process for new airport leases.
By the end of fiscal 2001 revenues topped the $200 million mark, produced by some 300 stores in 57 airports.
In 2005, for example, The New York Times Company agreed to create a branded retail bookstore for airport operation.
"The Paradies Shops, Inc. ." International Directory of Company Histories. . Retrieved April 15, 2021 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/paradies-shops-inc
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Michaels Stores | 1973 | $5.3B | 45,000 | 2,097 |
| Duty Free Americas | 1972 | $360.2M | 3,000 | - |
| URBN | 1970 | $5.6B | 24,000 | 984 |
| Crocs | 2002 | $4.1B | 4,000 | 203 |
| Follett | 1873 | $3.2B | 7,500 | 207 |
| ASICS America | 1977 | $110.5B | 7,864 | 5 |
| Made In Oregon | 1975 | $22.0M | 30 | 13 |
| Eastern National | 1947 | $2.3M | 25 | 4 |
| Lakeshore Learning | 1954 | $240.0M | 900 | 36 |
| Sun & Ski Sports | 1980 | $120.0M | 750 | 204 |
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Paradies Lagardère may also be known as or be related to Paradies, Paradies Lagardère, The Paradies Shops, The Paradies Shops Inc, The Paradies Shops LLC and The Paradies Shops, Inc.