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Steve and Barry's

Headquarters: 12 Harbor Park Drive
Port Washington, NY 11050
Employees: 10,000+
Co-CEOs: Steve Shore and Barry Prevor
Privately held
Website
: http://www.steveandbarrys.com

Steve & Barry's was a fast-growing chain of clothing stores offering super low prices. Almost all items were under $20 including shirts, jackets, jeans and pants for men, women and children.

The company filed for Chapter 11 bankruptcy in 2008 for the second time and closed all of its stores.

Each Steve & Barry's store rangedin size from 50,000 square feet to 100,000 square feet, and features hardwood floors and hangers, heritage graphics, and state-of-the-art audio & video systems. There are 276 locations in 39 states.

Steve & Barry's sold officially licensed product featuring the logos and marks of more than 350 colleges and universities, automotive manufacturers (Chrysler, Dodge, Ford Motor Company and General Motors), and other popular American brands.

In 2006, Steve and Barry's launched a new low-cost sneaker and clothing line with basketball star Stephon Marbury. The sneakers, known as Starbury, sell for $14.98 a pair or less.

In June 2007, the company launched a new women's clothing line with actress Sarah Jessica Parker called Bitten.

History

In the summer of 1979,15-year-old friends Steve Shore and Barry Prevor started out in business with a megaphone and piles of excess-inventory T-shirts they sold for $1 each at flea markets across Long Island.

In college, they opened their first Steve & Barry's University Sportswear in 1985 at the University of Pennsylvania, charging very low prices for T-shirts and sweat shirts imprinted with college names.

In 1998, Steve and Barry's opened a mall-based store near Ann Arbor, MI near the Univ. of Michigan campus. Michigan apparel continues to be the top overall seller at the chain's stores.

Updated January 6, 2009

 

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