1941. The structures stood on an irregular plot which measured 400 by 450 feet. They also had a store on 55th Street and 5th Avenue in Sunset Park, Brooklyn. Loft's candy operations were spun off from the new Pepsi-Cola Corporation in 1941, an immediate result of the Loft-Pepsi merger. The newly independent Loft Candy Corporation attracted the attention of Philadelphia magnate Albert M. Greenfield, whose City Stores Company (CSCo) rapidly acquired control of the new company. Under CSCo management (appointed by Greenfield), Loft Candy expanded into New York, New Jersey, and New England. The company also opened stores in some of the larger New York City Subway stations. By 1958, approaching the centennial of Loft's, the company owned or controlled stores in the Eastern Seaboard and the Midwest, in 11 states and the District of Columbia, with over $17 million in sales and 2,100 employees. Loft's 350 different candy products were also sold in CSCo and independent department (and smaller variety and drug) stores in an area covering 15 states and the nation's capitol. In 1971, after having had several different managements and owners over the previous decade, the Loft Candy Corporation was acquired by Southland Corporation. A year later, Southland purchased Barricini Candies, Inc., combining it into a single operational unit with Loft Candy. In 1973, Southland closed 31 Barricini and Loft's stores in 11 states. In 1976, Southland sold the Loft-Barricini operations, along with the Long Island City manufacturing plant and approximately 200 New York area stores, to the B.L. Candy Company, Inc., of Long Island City. By 1985, there were only 40 Loft's Candies stores in the New York area. After renaming itself the Barricini-Loft Co., Inc., in 1988, the company closed all remaining shops and ceased business in 1994. References Companies based in New York City Confectionery companies of the United States Defunct companies based in New York (state) Former PepsiCo subsidiaries