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Sy Syms, off-price apparel pioneer, dead at 83

Sy Syms, right, and his daughter, Marcy, organize

Photo credit: Newsday / Ozier Muhammad | Sy Syms, right, and his daughter, Marcy, organize their Wall Street store. (June 18, 1992)

Sy Syms, a pioneer in the apparel retailing industry and founder and chairman of the clothing chain Syms Corp., died Tuesday of heart failure in New York, the company said.

Syms, 83, who established his business in Manhattan's financial district in 1959, was the first retailer of any scale to offer consumers off-priced name-brand clothing, retail experts said. "An educated consumer is our...

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