In the 1970’s, a mysterious person named David Green started his own small pet department. He’d been interested in retailing and marketing since his youth. David had worked at many shops before building his own crafts store which he thought could be as successful as the pet department. With a loan of $600, David, his wife and two sons began making frames in their garage which soon became famous. A few years later on August 3, 1972, the family opened their first shop, a tiny 300-square-foot place (David Green).
Charles Walgreen was born in 1873 in Galesburg, Illinois. After losing the tip of his finger in a shoe factory, he went to work at the age of 16 in a drugstore. This experience was far from successful; he left after only a year and a half on the job. In 1893, Walgreen moved to Chicago. At that time there were more than 1,500 drugstores in the city proper.
Accomplishments: Some of his accomplishment include constructing the Wollman Rink in Central Park in six month and only using 750,000 dollars of the 3 million dollar budget. He has wrote many books about his entrepreneurship and how to become and entrepreneur. When he was younger he finalized his first multi million dollar real estate transaction in Manhattan.1996 he gain ownership of
Target first opened its doors in 1962 in the city of Roseville, MN. Today it has expanded to over 1,790 stores with over 300,000. Currently Target is only located in the United States. They tried expanding into Canada, but failed and had to close the store. Target have grown as a business and made the Fortune 500.
It took Dr.Johnson 9 years to put 42 thousand words in his dictionary and years later more and more words were being invented and in 1857 a new dictionary was in the making it took 70 years and 3 people to make it. Chapter eight “American English” was words borrowed from the Native Americans and words that was shared by the Dutch, the Germans and the Italians. Then later America discover
The first electronic tv was demonstrated in San Francisco on Sept. 7, 1927, it was created by Philo Taylor Farnsworth, a 21-year-old inventor. He had lived without electricity until the age of fourteen. In 1939 a 5in console TV was $295 (or ~$5000 in current money), it was the size of a drinks cabinet. The television was one of, if not the, most popular products of the
Ebert did not use the lot himself, but opened the door to occupants selling their wares. None of his Chinese occupants stayed longer than two years. A one room wooden building stood at Number 51 when Shew Tey War set up shop in 1886. On arrival, he was the third Chinese vendor in the short row of shops. Next door, at 49 Lane Cove Road, Ah Ling Sam sold his wares.
Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.
Engstrom Auto Mirror is a family owned manufacturing plant in Richmond, Indiana. The company was established in 1948, producing truck and automobile mirrors. By the mid 2000’s Engstrom employed about 225 people. Engstrom Auto Mirror has the distinct honor of being one of only two certified suppliers for a Toyota, which plant they provide mirrors to. For 50 years the company prospered, unfortunately by 1998 the company has dug their self into a deep hole of unprofitability.
There was more than 50 breweries in the area but the mid- 1800s. Eberhard Anheuser left Germany in 1843. He first moved to Cincinnati before he moved to St. Louis. He had no experience in brewing beer but came to be a part owner of the Bavarian Brewery. Bavarian Brewery opened its doors in 1856.
Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).
On July 2, 1962, Sam Walton opened his first Wal-Mart in Rogers, Arkansas. Over 50 years later, Wal-Mart became known as the largest private employer in the United States and the largest retailer in the world. Wal-Mart have expanded to over 4400 stores across the globe. American truly love Wal-Mart. When there is not any groceries at house the first thought comes to mind is Wal-Mart.
Costco opened the first club in 1976 in San Diego. After several years, it opened the first Costco warehouse in Seattle. From $0 to $3 billion sales, it just spent less than six years (Costco, 2016). This shows the basic framework has been created. Now Costco is a bright star in the field of retail industry.