the atlanta falcons owner made his money in the elliott's drug stores/stripe discount stores division of daylin corporation by being president.
the atlanta falcons owner made his money in the elliott's drug stores/stripe discount stores division of daylin corporation by being president.
how did the atlanta falcons owner make his money in the elliott's drug stores/stripe discount stores division of daylin corporation?
president
after graduating from babson college in 1963, blank was hired by arthur young and company, where he was a senior accountant. he later joined the daylin corporation, where he rose to become president of elliott's drug stores/stripe discount stores, a division of daylin. when daylin decided to sell off that division, blank moved to another division, handy dan home improvement centers. bernard marcus was ceo of handy dan and blank was vice president of finance when both were fired in 1978 as part of an internal power struggle.
arthur blank
the corporation went international in 1945 with the acquisition of the 270 macleod hardlines retail outlets in western canada. gamble-skogmo went public in 1947, and partner phil skogmo died in 1949. the company expanded into mass merchandising by forming its tempo stores division in 1962, which grew into a chain of 50 discount shopping centers. the following year saw the acquisition of the 286-store stedmans chain, which operated throughout canada. in 1964 gamble-skogmo entered the catalog merchandising field by acquiring the large aldens operation, including its life insurance subsidiary. in 1966 founder's, incorporated was merged into the corporation, bringing it a women's wear chain (mode o'day), and a group of variety stores including cussins & fearn and rasco stores, and buckeye mart discount department stores. in the same year the corporation also acquired the house of fabrics chain and formed gambles import corporation to direct the purchase of goods made overseas. in 1967 gamble-skogmo formed a real estate subsidiary, gamble development company, to develop and lease shopping centers, and also acquired the 400-store red owl supermarket chain, which also included 62 snyder's drug stores. between 1969 and 1972 the corporation several leasing business lines, launched gambles home improvement centers, and acquired the 24-store woman's world clothing chain.
gamble-skogmo