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85-564: Hillerich & Bradsby Company (H&B) is an American manufacturing company located in Louisville, Kentucky , that produces baseball bats for Wilson Sporting Goods , which commercializes them under the "Louisville Slugger" brand. The company also operates the Louisville Slugger Museum & Factory in downtown Louisville, and produces gloves for sports such as golf , cycling , fitness , and gardening under

170-429: A "no-knock" search warrant which led to the killing of Breonna Taylor , a 26-year-old African-American woman. For months afterward, Taylor's family, members of the local community, and people around the world protested to demand that officers involved in the shooting be fired and criminally charged. These protests and demonstrations coincided and intertwined with the international George Floyd protests , as well as

255-554: A city-county merger . The official name of this consolidated city-county government is the Louisville/Jefferson ;County Metro Government, abbreviated to Louisville Metro. Despite the merger and renaming, the term "Jefferson County" continues to be used in some contexts in reference to Louisville Metro, particularly including the incorporated cities outside the " balance " which make up Louisville proper. The city's total consolidated population as of

340-572: A Chapter 11 bankruptcy filing and restructuring the company's debts out of court. Hilco Global launched Hilco Capital in 2000. Based in the United Kingdom, Hilco Capital is involved in retail restructuring and distressed investments. It has expanded internationally with the opening of offices in Ireland, Spain, Germany, Canada, and Australia. In 2001 Hilco Global formed a business unit called Hilco Appraisal Services LLC, bundling all of

425-490: A Hilco Global company, introduced a mobile visual merchandising and operations software service to aid the woking of the frontline store associates and managers and update the in-store shopping experience. In 2019, Hilco Global launched ReStore Capital which resolves shipping and stocking problems between vendors and retailers. ReStore Capital buys shipments from vendors and then consigns the goods to retailers. Hilco Global founded its real estate business division in 2000 with

510-455: A block designated for whites. He was prosecuted and found guilty. The second case was planned to create a test case. William Warley , the president of the local chapter of the NAACP, tendered a purchase offer on a white block from Charles Buchanan, a white real estate agent. Warley also wrote a letter declaring his intention to build a house on that lot and reside there. With the understanding that

595-464: A business division named Hilco Merchant Resources LLC, a subsidiary of the company that specializes in retail inventory valuation, retail store closings, retail inventory disposition, fixture, furniture, and equipment disposition, and asset protection. Michael Keefe and Cory Lipoff, formerly of Gordon Brothers , joined HMR the same year with Keefe becoming the CEO. In 2001, the division became known as one of

680-451: A center of breeding high-quality livestock throughout the 19th century. Ten thousand spectators watched the first Derby, which Aristides won. On March 27, 1890, the city was devastated and its downtown nearly destroyed when what scientists now estimate was an F4 tornado tore through as part of the middle Mississippi Valley tornado outbreak . It is estimated that between 74 and 120 people were killed and 200 were injured. The damage cost

765-515: A decline in local manufacturing. The West End and older areas of the South End, in particular, began to decline economically as many local factories closed. In 1974, a major (F4) tornado hit Louisville as part of the 1974 Super Outbreak of tornadoes that struck 13 states. It covered 21 miles (34 km) and destroyed several hundred homes in the Louisville area, causing two deaths. Since

850-405: A more racially progressive city than other Southern cities, although only when black citizens accepted a lower status than white citizens. Many historians have referred to this "veil" of segregation as a "polite" racism . Historian George Wright stated that polite racism "often deluded both blacks and well-meaning whites into believing that real progress was being made in their city". For example, in

935-660: A result of the training camp. In 1929, Louisville completed the lock and dam in the Falls of the Ohio and the city began referring to itself as "where Northern enterprise and Southern hospitality meet". Between the industrial boom of that year and through the Great Depression , Louisville gained 15,000 new residents, about 3% of them black, most fleeing poverty in rural areas. Throughout January 1937, 19.17 inches (48.7 cm) of rain fell in Louisville, and by January 27,

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1020-425: A salesman, became a partner in 1916 , and the company's name changed to "The Hillerich and Bradsby Co." By 1923 , H&B was selling more bats than any other bat maker in the country, and legends like Ty Cobb , Babe Ruth (R-43), and Lou Gehrig were all using them. R-43 is the company model number for the bats used by Babe Ruth. In 1916, Hillerich and Bradsby began manufacturing golf clubs, eventually creating

1105-420: A steady decline. In 2016, Hillerich & Bradsby sold its PowerBilt golf club division to Hilco Streambank, an arm of Hilco Global . This left the company with its Bionic Gloves division and its ownership and operation of the Louisville Slugger Museum & Factory . The factory continues (as of 2021) to manufacture bats, but only as the exclusive manufacturer for Wilson Sporting Goods, which sells them under

1190-501: A year with high temperatures at or above 90 °F (32 °C). The mean annual temperature is 58.2 °F (14.6 °C), with an average annual snowfall of 12.7 inches (32 cm) and an average annual rainfall of 44.9 inches (1,140 mm). The wettest seasons are spring and summer, although rainfall is fairly constant year round. During the winter, particularly in January and February, several days of snow can be expected. January

1275-632: Is also attached to awards for top power-hitters at both the high school and college levels, and the Silver Slugger Award given annually to the Major League Baseball player with the best offensive output in each position. The Louisville Slugger Batting Champion award is given to the American Legion "player with the highest batting average during national competition." Louisville, Kentucky Louisville

1360-490: Is also known for its IPv4 auction marketplace used for the purchase and sale of IPv4 assets. In 2019, Hilco Streambank helped Johnson Publishing organize an auction for their Ebony and Jet magazine photograph archive after Johnson went bankrupt. Hilco Streambank also managed the intellectual property sale for Charming Charlie in 2019 after they went bankrupt including their trademarks, domain names, customer data, and social media assets. In 2020, Hilco Streambank managed

1445-593: Is an arm of the Chinese company Anta Sports . Hillerich and Bradsby continues (as of 2021) to manufacture Louisville Slugger bats in its Louisville factory, but under the aegis of Wilson Sporting Goods. Hillerich and Bradsby CEO John A. Hillerich IV said that he had wanted to keep the bat business in the family, but that the sale was made because the company no longer can compete with larger, multinational companies that have more resources. Since 2001 Louisville slugger's market share of MLB players using their bats has been on

1530-538: Is beginning to heavily utilize other woods such as maple and birch as a substantial part of North America's ash forests have been totally destroyed. Besides its products, H&B attaches the Louisville Slugger name to other entities as a sponsor. The Cincinnati Reds ' Triple A affiliate, the Louisville Bats , play at Louisville Slugger Field in downtown Louisville. The Louisville Slugger name

1615-679: Is included in the Louisville–Elizabethtown–Madison, KY–IN Combined Statistical Area (CSA), which also includes the Elizabethtown, KY MSA, as well as the Madison, IN Micropolitan Statistical Area . The Louisville area is near several other urban areas, especially Frankfort, Kentucky (the state's capital); Cincinnati , Ohio (the two cities' metropolitan statistical areas almost border each other); Lexington, Kentucky ; Bowling Green, Kentucky ; Nashville, Tennessee ; and

1700-534: Is not uncommon, with occasional tornado outbreaks in the region. Winter typically brings a mix of rain, sleet, and snow, with occasional heavy snowfall and icing. Louisville averages 4.5 days with low temperatures dipping to 10 °F (−12 °C); the first and last freezes of the season on average fall on November   2 and April   5, respectively. Summer is typically hazy, hot, and humid with long periods of 90–100 °F (32–38 °C) temperatures and drought conditions at times. Louisville averages 38 days

1785-700: Is the most populous city in the Commonwealth of Kentucky , sixth-most populous city in the Southeast , and the 27th-most-populous city in the United States . By land area, it is the country's 24th-largest city , although by population density, it is the 265th most dense city. Louisville is the historical county seat and, since 2003, the nominal seat of Jefferson County , on the Indiana border. Named after King Louis XVI of France, Louisville

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1870-412: Is the coldest month, with a mean temperature of 34.9 °F (1.6 °C). July is the average hottest month with a mean of 79.3 °F (26.3 °C). The highest recorded temperature was 107 °F (42 °C), which last occurred on July 14, 1936, and the lowest recorded temperature was −22 °F (−30 °C) on January 19, 1994. In 2012, Louisville had the fourth-hottest summer on record, with

1955-464: Is the correct pronunciation for the name of the much smaller Louisville, Colorado ). There are also acceptable hybrid ways of saying the name, such as / ˈ l uː ə v ɪ l / LOO -ə-vil , a mixture of the first and second pronunciations. The dominant local pronunciation, the LOO -ə-vəl pronunciation is widely practiced and accepted. Some even refer to it as the "only" correct way to pronounce

2040-493: The 2000 census , Louisville had a population of 256,231, down from the 1990 census population of 269,063. Due to the city-county merger that occurred in 2003, which expanded the city limits, the city's population increased to 597,337 at the 2010 census count. Louisville is the largest city in Kentucky, with 17.1% of the state's total population as of 2010; the balance's percentage was 13.8%. The 2007 demographic breakdown for

2125-466: The 2020 census was 782,969. However, the balance total of 633,045 excludes other incorporated places within the county and is the population listed in most sources and national rankings. The Louisville-Jefferson County, KY-IN Metropolitan Statistical Area (MSA) includes Louisville-Jefferson County and 12 surrounding counties , seven in Kentucky and five in Southern Indiana . As of 2023,

2210-544: The Black Lives Matter movement and a broader movement of racial unrest . As a result of the incident, the police chief was fired and four officers received federal charges, but no significant systemic changes were made. On April 10, 2023, a mass shooting occurred at the Old National Bank , killing five people, and injuring nine others. The suspect, who was a bank employee and who officials said

2295-599: The C-46 Commando cargo plane, among other aircraft. In 1946, the factory was sold to International Harvester , which began large-scale production of tractors and agricultural equipment. In 1950, the Census Bureau reported Louisville's population as 84.3% white and 15.6% black. Throughout the 1940s, there were more black police officers than any other Southern city, though they were allowed to patrol only black districts. This, in part, made Louisville seem like

2380-485: The Falls of the Ohio . Louisville is an Upper South city located in a Southern state that is influenced by both Southern and Midwestern culture . It is sometimes referred to as either one of the northernmost Southern cities or as one of the southernmost Northern cities in the United States. Louisville is located in Kentucky's outer Bluegrass region . Its development has been influenced by its location on

2465-594: The Indianapolis, Indiana area (especially Columbus, Indiana , to the north of Southern Indiana). The downtown business district of Louisville is located immediately south of the Ohio River and southeast of the Falls of the Ohio. Major roads extend outwards from the downtown area in all directions. The airport is about 6.75 miles (10.86 km) south of the downtown area. The industrial sections of town are to

2550-476: The Louisville Eclipse . The team's star, Pete "Louisville Slugger" Browning , mired in a hitting slump, broke his bat. Bud invited Browning to his father's shop to hand-craft a new bat to his specifications. Browning accepted the offer, and got three hits to break out of his slump with the new bat the first day he used it. Browning told his teammates, which began a surge of professional ball players to

2635-548: The Philadelphia Energy Solutions refinery burned down and went bankrupt in 2019, HRP bought the plant for $ 225.5 million. Hilco will carry out the dismantling of the plant and an extensive remediation effort before beginning projects on the site. In 2023, HRP began the construction of the first phase of The Bellwether District's South Philadelphia site to convert the industrial site into an e-commerce and logistics campus. HRP appointed four people to

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2720-666: The Southern National Bank building. The buildings of West Main Street in downtown Louisville have the largest collection of cast iron facades of anywhere outside of New York's SoHo neighborhood. Since the mid-20th century, Louisville has in some ways been divided into three sides of town: the West End, the South End, and the East End. In 2003, Bill Dakan, a University of Louisville geography professor, said that

2805-678: The Sparrows Point Steel Mill in Maryland to demolish and rebuild as a warehouse distribution hub, renamed Tradepoint Atlantic. The deal has operated in partnership with Baltimore-based investment firm Redwood Capital Partners. In 2017, HRP bought the Crawford Generating Station in Little Village, Chicago , to transform the space into an updated distribution center called Exchange 55. After

2890-505: The "Bionic Gloves" brand . Until 2015, H&B owned the "Louisville Slugger" brand. In that year they sold it to Wilson, although their factory still makes the baseball bats bearing that name. J. F. Hillerich opened his woodworking shop in Louisville in 1855. During the 1880s, Hillerich hired his seventeen-year-old son, John "Bud" Hillerich. Company legend has it that Bud, who played baseball himself, slipped away from work one afternoon in 1884 to watch Louisville's major league team ,

2975-707: The 1980s, many of the city's urban neighborhoods have been revitalized into areas popular with young professionals and college students. The greatest change has occurred along the Bardstown Road/Baxter Avenue and Frankfort Avenue corridors as well as the Old Louisville neighborhood. In recent years, such change has also occurred in the East Market District (NuLu). Since the late 1990s, Downtown has experienced significant residential, tourist and retail growth, including

3060-403: The 287,012 households, 29.6% had children under the age of 18 living with them, 45.2% were married couples living together, 14.7% had a female householder with no husband present, and 36.2% were not families. About 30.5% of all households were made up of individuals, and 10.3% had someone living alone who was 65 years of age or older. The average household size was 2.37 and the average family size

3145-765: The Canopy, Linens 'n Things , and Polaroid . Hilco then sold the Polaroid brand and its related intellectual property in 2017 to the Smolokowski family, a Polish group of investors. In 2017, Hilco Brands invested in the startup company StreetTrend LLC, a luxury sneaker producer. Hilco Streambank is an additional subsidiary added to the Hilco Global family in 2011. The company was formed to provide services for intellectual property brands such as Borders , Posh, Tots, Linens N’ Things and Circuit City. Hilco Streambank

3230-493: The City of Detroit following the city's bankruptcy , the largest municipal bankruptcy filing in the history of the United States. Prior to its involvement with the City of Detroit, Hilco Industrial played a role in the sale of Chrysler and GM plants in 2010. In Australia, Hilco Industrial liquidated the last remaining automotive manufacturing plant on the continent, Toyota Altona. In 2012, Hilco Redevelopment Partners (HRP) bought

3315-648: The East End has been seen as middle and upper class . According to the Greater Louisville Association of Realtors, the area with the lowest median home sales price is west of Interstate 65, in the West and South Ends. The middle range of home sales prices are between Interstates 64 and 65 in the South and East Ends, and the highest median home sales price are north of Interstate 64 in the East End. Immigrants from Southeast Asia tend to settle in

3400-475: The Hillerich woodworking shop. This story has been challenged by alternate versions of when the first bat was made, involving either Arlie Latham or Gus Weyhing . J. F. Hillerich was uninterested in making bats. He saw the company future in stair railings, porch columns and swinging butter churns. For a brief time in the 1880s, he turned away ball players. Bud saw the potential in producing baseball bats, and

3485-731: The Louisville Slugger brand; the museum is open to the public and has various permanent and rotating exhibits, and provides factory tours. Over 90% of bats ever produced by Hillerich & Bradsby have been made from Northern white ash grown in proprietary forests on the New York – Pennsylvania border. Ash trees in the US are under attack from the emerald ash borer , an invasive insect species native to Asia and first detected in Michigan in 2002. Very few ash trees remain in H&;B's forests. The company

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3570-472: The Louisville ordinance made it illegal for him to live there, Warley withheld payment, setting in motion a breach of contract suit by Buchanan. By 1917 the U.S. Supreme Court agreed to hear the case of Buchanan v. Warley . The court struck down the Louisville residential segregation ordinance, ruling that it violated the Fourteenth Amendment 's due process clause. In 1917, shortly after

3655-540: The MSA had a population of 1,365,557, the 43rd largest in the nation . The correct pronunciation of the name of Louisville is heatedly debated. The three most popular pronunciations are, in order: All three are generally considered acceptable; the Louisville Visitor Center says that only the rare / ˈ l uː ɪ s v ɪ l / LOO -iss-vil is completely unacceptable (though it

3740-403: The Ohio River crested at a record 57.15 feet (17.42 m), almost 30 feet (9.1 m) above flood stage. These events triggered the "Great Flood of 1937" , which lasted into early February. The flood submerged 60–70 percent of the city, caused complete loss of power for four days, and forced the evacuation of 175,000 or 230,000 residents, depending on sources. Ninety people died as a result of

3825-428: The Ohio River, which spurred Louisville's growth from an isolated camp site into a major shipping port. Much of the city is located on a very wide and flat floodplain surrounded by hill country on all sides. Much of the area was swampland that had to be drained as the city grew. In the 1840s, most creeks were rerouted or placed in canals to prevent flooding and disease outbreaks. Areas generally east of I-65 are above

3910-563: The PowerBilt brand for the clubs. Several major golf championships were won by players using PowerBilt clubs, including the Masters Tournament in 1967, 1971, 1979, and 1987. During World War II , the company produced wooden rifle stocks and billy clubs for the U.S. Army . In 1954, the company purchased Larimer and Norton, Inc., a Pennsylvania lumber company to ensure a supply of hardwood for their products. In 1976,

3995-673: The South End, while immigrants from Eastern Europe settle in the East End. Louisville has a humid subtropical climate ( Köppen Cfa ), typical of the Upper South , and is located in USDA plant hardiness zones 6b and 7a. Springlike conditions typically begin in mid-to-late March, summer from mid-to-late-May to late September, with fall in the October–November period. Seasonal extremes in both temperature and precipitation are not uncommon during early spring and late fall; severe weather

4080-489: The United States' entry into World War I , Louisville was selected as the site of Camp Zachary Taylor. Camp Taylor was one of the country's largest World War I training camps. It was home of the 84th Infantry Division and trained over 150,000 men by the end of war, including F. Scott Fitzgerald . The camp was closed in 1921. Many of the buildings and infrastructure in the Camp Taylor neighborhood of Louisville are there as

4165-543: The West End, west of 7th Street and north of Algonquin Parkway, is "a euphemism for the African American part of town" although he points out that this belief is not entirely true, and most African Americans no longer live in areas where more than 80% of residents are black. Nevertheless, he says the perception is still strong. The South End has long had a reputation as a white, working-class part of town, while

4250-493: The addition of major sports complexes KFC Yum! Center , Lynn Family Stadium and Louisville Slugger Field , conversion of waterfront industrial sites into Waterfront Park , openings of varied museums (see Museums, galleries and interpretive centers below), and the refurbishing of the former Galleria into the bustling entertainment complex Fourth Street Live! , which opened in 2004. On March 13, 2020, four plainclothed officers from Louisville Metro Police Department executed

4335-427: The business' under performing assets. Hilco Global was renamed in 2013, eliminating the use of the name Hilco Trading Company as well as introducing a new logo and website for the company. Hilco Global began drawing attention from major investors in 2006 when it was announced that Goldman Sachs Group and Cerberus Capital Management were in talks to purchase a significant stake in the company. Hecktman sold part of

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4420-495: The city Jim Crow practices were not maintained by law so much as by custom. Similar to many other older American cities, Louisville began to experience a movement of people and businesses to the suburbs in the 1960s and 1970s. Middle class residents used newly built freeways and interstate highways to commute to work, moving into more distant but newer housing. Because of tax laws, businesses found it cheaper to build new rather than renovate older buildings. Economic changes included

4505-547: The city $ 2.5 million (equivalent to $ 69 million in 2019). Established in 1896, Neighborhood House Louisville was the first settlement movement house in the state. Following the Civil War and the Emancipation Proclamation, freed slaves settled in a neighborhood of Louisville called Little Africa, nicknamed "the gateway to the South," near the present neighborhood of Park DuValle . The neighborhood

4590-555: The city is known as the home of boxer Muhammad Ali , the Kentucky Derby , Kentucky Fried Chicken , the University of Louisville and its Cardinals , Louisville Slugger baseball bats, and Fortune 500 company Humana . Louisville Muhammad Ali International Airport , the city's main commercial airport, hosts UPS's worldwide hub. Since 2003, Louisville's borders have been the same as those of Jefferson County, after

4675-467: The company moved across the Ohio River, to Jeffersonville, Indiana , to take advantage of the railroad line there. In 1996, the company returned to Louisville. In 2005, Hillerich & Bradsby sold its majority interest in its Louisville TPS hockey equipment business. TPS Hockey was acquired three years later by Sher-Wood . In 2015, Hillerich and Bradsby sold its Louisville Slugger division to Wilson Sporting Goods , an arm of Amer Sports which itself

4760-480: The company to both investment companies to help finance other ventures, including private equity style buyouts of faded consumer brands. In 2019, Hilco Global sold 27% of itself to La Caisse de dépôt et placement du Québec (CDPQ), a company which manages public Canadian pension and insurance funds. In May 2019, Hilco subsidiary H19 Capital acquired the assets of 19th Capital Group, an Indianapolis transportation and truck leasing company. In 2000, Hilco Global founded

4845-471: The elder Hillerich eventually relented to his son. The bats were sold under the name "Falls City Slugger" until Bud Hillerich took over his father's company in 1894 , and the name "Louisville Slugger" was registered with the US Patent Office. In 1905 , Honus Wagner signed a deal with the company, becoming likely the first American athlete to endorse an item of sports equipment. Frank Bradsby,

4930-477: The entire Louisville Metro area was 74.8% White (71.7% non-Hispanic), 22.2% African American, 0.6% Native American, 2.0% Asian, 0.1% Hawaiian or Pacific islander, 1.4% other, and 1.6% multiracial. About 2.9% of the total population was identified as Hispanic of any race. During the same year, the area of premerger Louisville consisted 60.1% White, 35.2% African American, 1.9% Asian, 0.2% Native American, and 3.0% other, with 2.4% identified as Hispanic of any race. Of

5015-430: The falls. By 1828, the population had grown to 7,000 and Louisville became an incorporated city. Early Louisville was a major shipping port and enslaved African Americans worked in a variety of associated trades. The city was often a point of escape for fugitive slaves to the north, as Indiana was a free state. During this point in the 1850s, the city was growing and vibrant, but that also came with negativity. It

5100-463: The first one was "correct". LUUV -əl is a less common, particularly rural way of saying the name. While it is considered acceptable, it is not as widely heard as the others. The history of Louisville spans hundreds of years, and has been influenced by the area's geography and proximity to the Falls of the Ohio River . Since the Falls created a barrier to river travel, settlements grew at this portage point. The first European settlement in

5185-506: The flood plain, and are composed of gently rolling hills. The southernmost parts of Jefferson County are in the scenic and largely undeveloped Knobs region , which is home to Jefferson Memorial Forest . The Louisville-Jefferson County, KY-IN Metropolitan Statistical Area (MSA), the 43rd largest in the United States, includes the Kentucky county of Jefferson ( coterminous with Louisville Metro), plus twelve outlying counties—seven in Kentucky and five in Southern Indiana . Louisville's MSA

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5270-575: The flood. It led to dramatic changes in where residents lived. Today, the city is protected by numerous flood walls . After the flood, the areas of high elevation in the eastern part of the city had decades of residential growth. Louisville was a center for factory war production during World War II. In May 1942, the U.S. government assigned the Curtiss-Wright Aircraft Company, a war plant located at Louisville's air field, for wartime aircraft production. The factory produced

5355-460: The formation of Hilco Real Estate Finance LLC, a lending division of Hilco Real Estate. Hilco Real Estate Finance operated as a private real estate mortgage lending company and in a year and a half had originated loans in approximately 20 states. Hilco Real Estate Finance was sold to the private equity firm Garrison Investment Group in 2014. In August 2023, WeWork hired Hilco Global and Hilco Real Estate as an adviser for restructuring advice to avoid

5440-414: The formation of Hilco Real Estate, LLC, to be a national provider of accelerated real estate disposition and advisory services. It has acted as agent or principal for numerous real estate acquisitions and sales. It was co-founded by Mitchell Kahn who served as the company's CEO until 2008. Kahn was replaced by Neil Aaronson as CEO and Gregory Apter was promoted to President of the company. Hilco Real Estate

5525-422: The industrial, retail and real estate appraisal services of the holding company into a single unit. Later renamed Hilco Valuation Services, the company is based in the U.S. and has global offices in the U.K., Canada, Australia, Mexico, South American and Asia. One of this units most notable deals was completed in 2005 with the valuation of 29 locations of over 40 million square feet owned by Delphi Automotive. 2001

5610-406: The local indigenous population, but they moved out by the late 1780s. In 1803, explorers Meriwether Lewis and William Clark organized their expedition across America in the town of Clarksville, Indiana at the present-day Falls of the Ohio opposite Louisville, Kentucky. The city's early growth was influenced by the fact that river boats had to be unloaded and moved downriver before reaching

5695-457: The marketing and selling of all Earth Fare stores, leases, and intellectual property after they filed for bankruptcy. In 2023, IPv4.Global, a Hilco Global company and an IPv4 marketplace, brokered $ 1 billion in IPv4 address sales. Hilco Global's Industrial unit, Hilco Industrial LLC, made national news in 2014 with its involvement in the disposition of excess municipal transportation assets for

5780-421: The most notable transactions involving Hilco Receivables was the purchase of $ 25 million in account receivables from National Envelope Corporation after its bankruptcy in 2013. In 2004, Hilco Global acquired a retail strategic consulting practice from Arthur Andersen called Senn Delaney – SD Consulting. In 2013, the consulting practice was rebranded as Hilco Retail Consulting or HRC Advisory, and in 2021, it

5865-581: The name of the city. LOO -ee-vil , while respecting the proper pronunciation of the name of the French king who gave Louisville its name, is significantly less common among locals. It is, however, frequently used by those not from the area. In 2001, local journalist and historian George H. Yater noted that older natives tended toward the second pronunciation, and that both the first and second pronunciations were used equally in local radio and television broadcasting; however, new personalities were taught that

5950-487: The retailer to restructure and reopen over 500 stores. As Toys "R" Us stores closed in 2018, Hilco Merchant Resources oversaw the nearly $ 2 billion liquidation of their inventory and assets. Hilco Merchant Resources also expanded its operations by opening an office in Australia, taking on retail inventory liquidations of stores that include Fletcher Jones , Dubbo Everyday Living and Dick Smith . ReStore for Retail,

6035-484: The south and west of the airport, while most of the residential areas of the city are to the southwest, south, and east of downtown. In 2010, the 22,000-seat KFC Yum! Center was completed. Twelve of the 15 buildings in Kentucky over 300 feet (91 m) are located in downtown Louisville. Another primary business and industrial district is located in the suburban area east of the city on Hurstbourne Parkway. Louisville's late 19th- and early 20th-century development

6120-546: The temperature rising up to 106 °F (41 °C) in July and the June all-time monthly record high temperature being broken on two consecutive days. As the city exemplifies the urban heat island effect, temperatures in commercial areas and in the industrialized areas along interstates are often higher than in the suburbs, often as much as 5 °F (2.8 °C). Between 1970 and 2000, Louisville lost population each decade. As of

6205-459: The top five liquidation firms in the United States, having been involved in the $ 1.8 billion liquidation of Montgomery Ward following that company's bankruptcy. Some of its most notable disposition and liquidation deals included work for Sears , Sears Canada , CompUSA , Sportmart , PharMor Rx , Coldwater Creek , Charming Charlie , and Target Canada . In 2016, the division helped save Aéropostale from final liquidation, eventually allowing

6290-638: The vicinity of modern-day Louisville was on Corn Island in 1778 by Col. George Rogers Clark, credited as the founder of Louisville. Several landmarks in the community are named after him. Two years later, in 1780, the Virginia General Assembly approved the town charter of Louisville. The city was named in honor of King Louis XVI of France, whose soldiers were then aiding Americans in the Revolutionary War . Early residents lived in forts to protect themselves from raids from

6375-554: The war was over. The first Kentucky Derby was held on May 17, 1875, at the Louisville Jockey Club track (later renamed Churchill Downs ). The Derby was originally shepherded by Meriwether Lewis Clark Jr. , the grandson of William Clark of the Lewis and Clark Expedition, and grandnephew of the city's founder George Rogers Clark. Horse racing had a strong tradition in Kentucky, whose Inner Bluegrass Region had been

6460-503: Was 2.97. The age distribution is 24.3% under the age of 18, 8.9% from 18 to 24, 30.4% from 25 to 44, 22.8% from 45 to 64, and 13.5% who were 65 years of age or older. The median age was 37 years. For every 100 females, there were 91.60 males. For every 100 females age 18 and over, there were 87.60 males. Hilco Global Hilco Global was founded in 1987 by Jeff Hecktman. Hecktman founded Hilco Trading Company after restructuring his family's industrial supply firm and selling off many of

6545-533: Was a major stronghold of Union forces , which kept Kentucky firmly in the Union. By the end of the war, the city of Louisville itself had not been attacked, although skirmishes and battles, including the battles of Perryville and Corydon , took place nearby. After the war, returning Confederate veterans largely took political control of the city, leading to the jibe that Louisville joined the Confederacy after

6630-487: Was also the year Hilco Global expanded its holdings with the formation of Hilco Receivables LLC, a division that purchases bad debt and services accounts receivable . By 2004, Hilco Receivables had acquired more than $ 2 billion in receivables and in 2006 it opened a 200-person collection center that operated under the name Apex Financial, LLC. The company also provides receivable appraisals to lenders as well as financing to companies who acquire receivables portfolios. One of

6715-461: Was described as a "thriving community" by the 1920s, and declined between the 1940s and 1950s. In 1914, the city of Louisville passed a racially based residential zoning code, following Baltimore, Atlanta, and a handful of cities in the Carolinas. The NAACP challenged the ordinance in two cases. Two weeks after the ordinance enacted, an African-American named Arthur Harris moved into a house on

6800-554: Was founded in 1778 by George Rogers Clark , making it one of the oldest cities west of the Appalachians . With the nearby Falls of the Ohio as the only major obstruction to river traffic between the upper Ohio River and the Gulf of Mexico , the settlement first grew as a portage site. It was the founding city of the Louisville and Nashville Railroad , which grew into a 6,000-mile (9,700 km) system across 13 states. Today,

6885-503: Was livestreaming the rampage, was killed by the police after exchanging fire with them. Louisville and Jefferson County have a combined area of 397.68 square miles (1,030.0 km ), of which 380.46 square miles (985.4 km ) is land and 17.23 square miles (44.6 km ) (4.33%) is covered by water. Louisville is southeasterly situated along the border between Kentucky and Indiana , the Ohio River , in north-central Kentucky at

6970-547: Was responsible for numerous large transactions in real estate including 1,200 leases for MCI Worldcom that the company either sold or renegotiated. It also closed hundreds of Blockbuster stores following the company's 2010 bankruptcy as well as approximately 200 Borders Book Stores following that company's 2011 bankruptcy. Hilco Real Estate was also involved with the selling of over 165 unused properties owned by Hostess after that company filed for bankruptcy in 2013. Hilco Global expanded its real estate business in 2012 with

7055-702: Was sold to Accenture with the team in North America joining Accenture's Retail Strategy group. Hilco Brands was formed from the initial investment as an extension of Hilco Consumer Capital, another company held by Hilco Global. One of the first brands purchased was Halston , a notable fashion line that became popular in the 1970s. Additional brands purchased by Hilco include the Ram and Tommy Armour golf club lines, both companies that were previously based in Chicago, as well as Le Tigre , Haute Hippie, Portico, Under

7140-493: Was spurred by three large suburban parks built at the edges of the city in 1890. The city's architecture contains a blend of old and new. The Old Louisville neighborhood is the largest historic preservation district solely featuring Victorian homes and buildings in the United States; it is also the third-largest district containing such architectural distinctions in the United States. Many modern skyscrapers are located downtown, as well as older preserved structures, such as

7225-483: Was the center of planning, supplies, recruiting, and transportation for numerous campaigns, especially in the Western Theater . Ethnic tensions rose, and on August 6, 1855, known as " Bloody Monday ", Protestant mobs attacked German and Irish Catholic neighborhoods on election day, resulting in 22 deaths and widespread property damage. Then by 1861, the civil war had broken out. During the Civil War , Louisville

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