Melville Shoe Corporation
The Melville Shoe Corporation of Harrison, New York opened for business as a small shoe company in 1892 and was incorporated in 1916. From its inception through 1923 the company never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate. One of that firm's subsidiaries, the Meldisco Company, operated shoe departments in Kmart stores in the early 1980s.
