The story
The Apex Companies were founded by Albert Pilavin in 1924. Apex started as a tire retreading, automotive service and manufacturing business. According to company lore, Pilavin chose the name Apex because his initials were A.P., as well as the name's suggestion of "highest point or peak."
The 1938 New England hurricane destroyed Apex buildings in Providence, Rhode Island, and A. Pilavin moved all Apex Companies operations to Pawtucket. To accommodate early growth, the tire business was separated from the retail store and the manufacturing operations creating the Apex Tire & Service Center. The Apex Companies operated a retail store on Central Avenue in Pawtucket until it opened and moved to the Apex Building in Pawtucket in 1969.
An Apex Card was started in the 1930s as one of the first customer retail discount card programs in the United States. The Apex Card grew from being a discount card into a credit card and loyalty program. It continues as ApexAdvantage.
In the 1960s, the Apex retail division opened an additional department store in Warwick, Rhode Island and then about 1980 another store in the Swansea Mall in Swansea, Massachusetts. The Warwick and Swansea stores closed in 2001.
Apex opened apexstores.com in 1996 as one of the first online retail stores.
From Wikipedia’s article on The Apex Companies, shared under CC BY-SA 4.0.3
