For nearly 130 years, Adam, Meldrum and Anderson was a Buffalo-based department store. That streak came to an end in 1994. The following year, the flagship Main Street store was closed.
May 16, 1994: AM&A’s chain is purchased by Bon-Ton, Sale ends era
“AM&A’s been sold to a York, Pa.-based regional retailer, executives announced today.
“Bon-Ton will spend $38.5 million to acquire AM&A’s. The figure includes $2.1 million in cash and the assumption of approximately $21.4 million of debt and $15 million in other liabilities.
“… While the sale signals the end of a 127-year-long retailing love affair between Western New Yorkers and the department store, the entry of Bon-Ton Stores is good for the store and its customers, Alford said.”