In the late 1920s, the Steiner corporation purchased and merged with the Liberty Nightshirt Company, headquartered in Baltimore. The decline in demand for nightshirts was one of the reasons for the acquisition. The same circumstances forced the company to shutter most of their other area operations. Tax squabbles with the Borough of Neptune City led them to close their long-time headquarters in Neptune City in 1939 and move to Shrewsbury, Pennsylvania. They eventually went out of business.
