HP Wasson and Company

at , Indianapolis , 46204 United States

1. Organization

Description

H. P. Wasson and Company, aka Wasson's, was an Indianapolis, Indiana, based department store chain founded by Hiram P. Wasson. Its flagship store, the H. P. Wasson & Company Building, was built in 1937 and is listed on the U.S. National Register of Historic Places.HistoryH. P. Wasson bought the Bee Hive Drygoods Store in 1874, renaming it nine years later as H. P. Wasson and Company. With the death of H. P. Wasson in 1910, and his son Kenard Wasson in 1912, the store was sold to Gustave A. Efroymson and his brother-in-law Louis P. Wolf. The chain would eventually consist of seven stores with the flagship store located at 2 West Washington Street in downtown Indianapolis.Efroymson was president of the company from 1912 to 1930.In 1930, a second store was built on Monument Circle on the site of the former Morton Hotel. The entire second and parts of the third floors of the Monument Circle Annex store were destroyed in a fire on the evening of June 1, 1969.After the Korean War, Wasson's began to build new stores in the outdoor shopping centers that were being developed in new housing developments on the outskirts of suburban Marion County during the late 1950s and early 1960s. By the early 1960s, first shopping centers and then enclosed malls were being build inside and also in nearby communities outside of Marion County. Branch stores were built in a shopping center in Kokomo and enclosed malls in Anderson and Bloomington. The open air shopping center locations at Eastgate and Kokomo were later converted into enclosed malls.

Company Rating

Summary

HP Wasson and Company is Indianapolis based place and this enity listed in Organization category. 46204.