Renys
R.H. Reny, Inc., doing business as Renys: A Maine Adventure, is a chain of department stores located throughout the state of Maine, and has been in business since 1949. Robert H. Reny opened his first store in Damariscotta, Maine. In 2004, two of his sons began running the chain.
In Fortune Magazine's Small Business column, Renys was cited as an example of a small business doing well in the face of competition from Walmart. Renys management studied the competition and realized the company could have an advantage in clothing. Renys purchases small lots of high-quality brands at a discount by buying production overruns, closeouts, irregulars, and factory seconds.
The company headquarters and distribution center are located in Newcastle. There are 17 retail store locations: Bath, Belfast, Bridgton, Camden, Damariscotta, Dexter, Ellsworth, Farmington, Gardiner, Madison, Pittsfield, Portland, Saco, Topsham, Wells and Windham.
