by Gary Hoover | Aug 2, 2019 | Articles, Newsletters
This Sunday, August 4, is the 89th anniversary of a huge innovation with a global, lasting impact – the supermarket. On August 4, 1930, Michael Cullen opened his “huge” King Kullen store in the Jamaica section of Queens, New York City.While this date is often...
by Gary Hoover | Jul 26, 2019 | Share Your History
I started collecting books by the time I was 8 years old, starting with a Rand McNally world atlas. I think it cost $1, and I still have it. My addiction has led me to live with my 57,000 books in an odd old commercial building in a small historic Texas...
by Gary Hoover | Jul 25, 2019 | Share Your History, Share Your History
I fell in love with retailing by the time I was 13. After studying economics in college at the University of Chicago, I wanted to become a securities analyst covering the retail industry on Wall Street (which of course means the industry, not necessarily on that...
by Gary Hoover | Jul 24, 2019 | Share Your History
With the final collapse of Payless Shoes in February 2019, I figured I better record a bit of their history as I know it. In my 5 years at May Department Stores’ corporate headquarters in St. Louis from 1977 to 1981, I evolved to become the “strategic...
by Gary Hoover | Mar 8, 2019 | Articles, Retailing
Originally published on Hooversworld.com on Aug 2, 2016. Much has been written about the idea of “reinventing” your company. However, in my 50+ years of studying big business, I have rarely seen it happen — successfully. Here, from the treasure...
by Gary Hoover | Mar 8, 2019 | Articles, Retailing
Originally Published on Hooversworld.com on May 22, 2018 Who would have guessed that a medium-sized retailer which never put its name on a store would evolve to become the 7th largest company in America, a place where millions of Americans shop every day? My first job...
by Gary Hoover | Sep 28, 2018 | Articles, Retailing
This article first appeared on December 7, 2017 in The Archbridge Institute’s ‘American Originals’ series. From inauspicious beginnings rose one of the great entrepreneurs in American history, a man with unusual dedication and exceptionally high...
by Gary Hoover | Sep 28, 2018 | Articles, Retailing
This article first appeared on October 11, 2017 on Hooversworld.com. “Far greater it is to dare mighty things, to win glorious triumphs, even though checkered with failure…than to rank with those poor spirits who neither enjoy nor suffer much, because they live...
by Gary Hoover | Sep 28, 2018 | Retailing, Videos
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by Gary Hoover | Sep 27, 2018 | Data, Retailing
Here is a list of the largest US discount store chains in 1968. Note that K Mart, Target, and Walmart were all founded in 1962, six years earlier. However, Walmart was not nearly big enough to make this list! Source: Discount Merchandiser Magazine, June 1969 Largest...
