The story
Michael Goldwater, a Polish Jewish immigrant and the grandfather of U.S. Senator and 1964 presidential candidate Barry Goldwater, established a trading post in 1860 in Gila City, Arizona Territory. In 1872, he moved to Phoenix where he opened a new store. The Phoenix store did poorly and was closed a short time later. After this failed venture, he opened M. Goldwater & Bros. Store in Prescott, which did well. In 1892, the Phoenix store was reopened under the management of Michael's son Baron Goldwater and performed well. Baron managed the chain along with his two brothers Henry and Morris. Baron's son Robert W. Goldwater went on to manage the chain and during this time Goldwater's expanded to open a store at Park Central in 1956. This was followed by the opening of the flagship store at Scottsdale Fashion Square in 1961.
Associated Dry Goods Corp. acquired Goldwater's in 1962 with Robert W. Goldwater serving as director and vice president. Associated expanded it to nine stores in the following decades, establishing stores in Tucson, Albuquerque and Las Vegas markets. In 1986, May Department Stores acquired Associated and in 1989 it dissolved the Goldwater's division. Seven of its stores were rebranded as parts of the J. W. Robinson's, May Company California and May D&F divisions. At this time, May sold the Tucson stores to Dillard's because of overlap with its recently acquired Foley's unit. May Department Stores merged its May Company California and J. W. Robinson's divisions in 1993 as Robinsons-May, reuniting the Phoenix and Las Vegas stores under one nameplate while the May Department Stores unit in New Mexico became Foley's. Following the Federated Department Stores purchase of May in 2006, several of the remaining former Goldwater's locations became Macy's, while the former flagship location at Scottsdale Fashion Square was demolished to make way for Barneys New York, which itself closed in 2016.
The Goldwater family reclaimed the store's old logo in 1989 and reincarnated it as a food company called Goldwater's Foods and now headed by Goldwater's granddaughter Carolyn Goldwater Ross.
From Wikipedia’s article on Goldwater's, shared under CC BY-SA 4.0.4