dbo:abstract
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- R.H. Reny, Inc., doing business as Renys: A Maine Adventure, is a chain of department stores located throughout the state of Maine. The chain has been in business since 1949 when Robert H. Reny opened his first store in Damariscotta. In 2004, two of his sons began running the chain. In Fortune Magazine's Small Business column, Renys was cited as an example of a small business doing well in the face of competition from Walmart. Renys management studied the competition and realized the company could have an advantage in clothing. Renys purchases small lots of high-quality brands at a discount by buying production overruns, closeouts, irregulars, and factory seconds. The company headquarters and distribution center are located in Newcastle. There are 17 retail store locations: Bath, Belfast, Bridgton, Camden, Damariscotta (two stores), Dexter, Ellsworth, Farmington, Gardiner, Madison, Pittsfield, Portland, Saco, Topsham, Wells and Windham. Renys also had the only store in the chain located in Aroostook county The store was in Fort Kent. The store closed in Sept of 1999 due to conditions of the buidling citing being unsafe. Renys was a popular place to shop for the residents from all around the St John Valley. The store with stood floods from the St John river, prior to the dike being built downtown. Also the store on 2 occasions had fire damage. The store was repaired and reopen only to fall to the hands of time. . (en)
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