CLOs on the Move

P.C. Richard & Son, also known as simply P.C. Richard, is the largest chain of private, family-owned electronics and appliances stores in the United States. Its stores are located in New York, New Jersey, Connecticut and Pennsylvania, with the majority of the stores located on Long Island and in the New York City boroughs of Queens and Brooklyn. The first P.C. Richard opened on September 26, 1909 in the Bensonhurst section of Brooklyn. This particular store sold hardware and was run by Peter Christiään Richard, an immigrant from Holland. The first electronic appliance the store sold was an electronic iron. His ...

P.C. Richard & Son, also known as simply P.C. Richard, is the largest chain of private, family-owned electronics and appliances stores in the United States. Its stores are located in New York, New Jersey, Connecticut and Pennsylvania, with the majority of the stores located on Long Island and in the New York City boroughs of Queens and Brooklyn. The first P.C. Richard opened on September 26, 1909 in the Bensonhurst section of Brooklyn. This particular store sold hardware and was run by Peter Christiään Richard, an immigrant from Holland. The first electronic appliance the store sold was an electronic iron. His son, Alfred J. Richard, would spend all of his time helping his father, as he quit school at the age of fourteen for the sake of the store, which at that point was located in Queens. Within time, A.J. would become the head of the store, and would prove to be highly successful in persuading people to buy appliances. As the years progressed, his sons would aid him with the business, as they expanded to other locations. To this day, the chain is still run by the Richard family, as A.J. himself would serve as chairman well into his 90s.

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