Magic Mart
| File:Magic Mart Logo.jpg | |
| Magic Mart | |
| Company type | Private |
| Industry | Department Store |
| Founded | 1920 |
| Defunct | September 2, 2018 |
| Headquarters | , |
Number of locations | 16 |
| Products | Clothing, Jewelry, Hardware, Lawn & Garden, Automotive, Sporting Goods, Toys, Furniture, Small Appliances, Hobby, Board Games, Electronics, Home Furnishings, Pet Supplies and Limited Grocery |
| Website | Archived official website |
Magic Mart operated as a chain of department and discount stores with its headquarters located in Bluefield, Virginia. The company was privately held by the family-owned firm Ammar's Inc..
The stores were distributed across regions including Eastern Kentucky, Northeastern Tennessee, Southwest Virginia, Western North Carolina, the Piedmont Triad area of Central North Carolina, Arkansas, as well as southern and western parts of West Virginia.
Magic Mart offered a broad selection of merchandise ranging from electronics and toys to home improvement products.
Company history
The origins of Magic Mart trace back to the Ammar family of Syrian descent. In 1920, the Ammar brothers established Ammar Brothers' Department Store in Williamson, West Virginia. The inaugural Magic Mart store was launched in 1967 in Grundy, Virginia. Over time, the Magic Mart brand expanded and gained prominence while the original Ammar Brothers' Department Stores ceased operations by 1974.
In 1991, the company explored increasing store footprints by enlarging the location in Oceana, West Virginia from 35,000 to 80,000 square feet. The largest outlet measured 110,000 square feet and was situated in Lenoir, North Carolina until its closure in August 2013.
On July 2, 2018, Ammar's Inc. announced that prolonged economic challenges coupled with declining sales necessitated shutting down the business. Liquidation processes commenced around mid-July 2018 and all Magic Mart outlets were closed by early September of that year.
Locations
Magic Mart has permanently discontinued all business activities.
At its peak, Magic Mart operated a minimum of 23 outlets across four states. However, by 2018, only 16 locations remained active before the company shut down all its stores. For enhanced accuracy, two additional sites have been included based on firsthand information from a former employee.