I can't believe that American Eagles Outfitters was founded in 1977.by 2 brothers, Jerry and Mark Silverman.
Oh wow! That is a long time! I did not know that either.
In 1991 they sold their ownership interest to Jacob Price of Knoxville.
Where was the first one opened at?
American Eagle Outfitters
American Eagle Outfitters, Inc., now known as simply American Eagle, is an American lifestyle clothing and accessories retailer, headquartered in the Southside Works Neighborhood of Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company which also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee. American Eagle Outfitters is also the parent company of Aerie.
The brand targets male
Outfitters, selling their other retail chains. At that time, there were 137 American Eagle Outfitters stores in 36 different states.
Despite the plans for quick growth after the reorganization, American Eagle Outfitters opened only 16 new stores by 1991 and the company was losing money. At this point, the Schottensteins, who had been 50% owners of the chain since 1980, bought out the founding Silverman family's interest. This change in leadership resulted in American Eagle finding its present niche: casual clothing for men and women selling