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Stock Certificate of E.J. Korvette, Inc.

$ 9.49

Availability: 100 in stock
  • Condition: This is a cancelled stock certificate, and may have cancellation marks and perforations. Certificate Number, date, color, number of shares and registration may differ from picture.
  • All returns accepted: ReturnsNotAccepted

    Description

    Stock Certificate of E.J. Korvette, Inc.
    E. J. Korvette
    , also known as
    Korvettes
    , was an
    American
    chain of
    discount department stores
    , founded in 1948 in
    New York City
    . It was one of the first
    department stores
    to challenge the
    suggested retail price
    provisions of
    anti-discounting
    statutes.
    Founded by
    World War II
    veteran Eugene Ferkauf and his friend, Joe Zwillenberg, E.J. Korvette did much to define the idea of a discount department store. It displaced earlier
    five and dime
    retailers and preceded later
    discount stores
    , like
    Walmart
    , and
    warehouse clubs
    such as
    Costco
    Free shipping
    The certificate will be shipped in a flat cardboard document mailer, and will not be folded.
    This is a cancelled certificate, and may have cancellation marks and perforations. Certificate Number, date, color and registration may differ from picture.
    This certificate is sold as a collectible item only, and the successful bidder will not acquire any interest in the security itself. The certificate will not be registered in your name.