P.C. Richard Celebrates 98th Anniversary, 50th Store

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New York — There was plenty of cause for celebration at P.C. Richard & Son yesterday.

That's because Oct. 11 marked the 98th anniversary of the independently-owned white- and brown-goods chain — the nation’s largest — as well as the official opening of its 50th superstore.

The company commemorated the occasion with a gala ribbon-cutting event, followed yesterday evening by a 98th birthday bash for employees and vendors at the Marriott Marquis in Times Square, where TWICE editor

Gregg Richard, TWICE's Steve Smith and Gary Richard

Steve Smith presented principals Gary and Gregg Richard with a

2007 Excellence In Retailing Award


The new location, which had a soft opening six months ago, represents the retailer’s first foray into Staten Island, extending its New York City presence to all five boroughs. Located along the heavily trafficked Richmond Ave. retail corridor, the 30,000-square-foot store features such P.C. Richard mainstays as a premium built-in appliance section and a 100-foot-long flat panel TV wall.

Like all its locations, the company acquired the real estate, which is in short supply in over-stored Staten Island. That, quipped CEO Gary Richard, is what accounted for the 98-year delay.

The grand opening was the second in two weeks for the chain, following the debut of a new 50,000-square-foot store in Riverhead, Long Island.
The date also marked the birthday of the late Alfred “A.J.” Richard, who helped his father Peter Christiaan build the business from a lone Brooklyn hardware store into a successful majap and CE chain.


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