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Scottish Drapery Corporation

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Scottish Drapery Corporation was a holding company for a group of Scottish department stores and drapers .

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7-697: In 1926 the Scottish Drapery Corporation was created to take over the share capital of several Scottish businesses. They were Pettigrew & Stephens a department store in Glasgow ; Patrick Thomson Ltd a department store in Edinburgh ; D M Brown Ltd a drapers in Dundee and Watt & Grant Ltd a drapers in Aberdeen . The idea was to increase the buying power and financial resources of

14-616: A separate company by the SDC until 1952, when the Corporation and all of its subsidiaries were purchased by House of Fraser . The store continued to trade as Pettigrew & Stephens within the House of Fraser group, but its company status was wound up in 1955. In 1970, the store was moved from its location at 171-193 Sauchiehall Street to the site of Alexander Henderson, another department store recently bought by House of Fraser, as their site

21-556: The 1970s but subsequently closed. Pettigrew %26 Stephens Pettigrew & Stephens was a department store based in Sauchiehall Street , Glasgow . In 1888, Andrew Hislop Pettigrew (1857-1942) and William Henry Stephens formed a partnership and opened a shop at 191-193 Sauchiehall Street (known as Manchester House) in Glasgow which Stephens already owned. However, by 1896, William Henry Stephens had died, leaving Andrew Hislop Pettigrew in sole charge. By 1901,

28-478: The House of Fraser group. To fund the purchase of the Corporation, House of Fraser sold all bar the two department stores property to Legal & General and leased them back at favourable rates. After the House of Fraser takeover, D M Brown continued to trade under this name until 1972 when it became Arnotts. This closed in 2002 and Reid & Pearson closed in 1960s. J & R Allen was converted into an Arnots during

35-495: The businesses, and were run by John Campbell, who had worked his way up through Pettigrew & Stephens. The business continued to grow by purchasing a raft of businesses between 1928 and 1950. These were: In 1952, House of Fraser purchased the Scottish Drapery Corporation (which two-thirds of the shares were then held by Debenhams , through its subsidiary the Drapery Trust ) merging the individually run businesses into

42-623: The store was extended, making it one of the biggest in Scotland, with a further extension being added in 1923 to incorporate a specialist men's department. In 1925, Pettigrew retired and sold his shares to Austin Friars Investment Trust Ltd, of London (a Clarence Hatry company), which in turn sold the business in 1926 to the Scottish Drapery Corporation . The business was continued to be run as

49-498: The store was rebuilt in a design by architects John Honeyman and John Keppie , with a gilt dome designed by Charles Rennie Mackintosh , and sold a wide range of goods, including clothes, millinery, confectionery, carpets, furniture, ironmongery and china. In 1904, Pettigrew incorporated the company, and leased the Fine Art Institute building at 171-179 Sauchiehall Street, using it as a furniture department. During 1914,

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