What is "caldor"

Caldor, Inc. was a discount department store chain founded in 1951 by Carl Bennett and his wife Dorothy. Referred to by many as the Bloomingdale's of discounting, Caldor grew from a second story "Walk-Up-&-Save" operation in Port Chester, NY into a regional retailing giant. Its stores were earning over $1 billion in sales by the time Mr. Bennett retired in 1985, by which time Caldor was a subsidiary of Associated Dry Goods.

Despite its successes, Caldor suffered from financial issues in its later years and the company was liquidated in early 1999.