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Handy Dan
Handy Dan Home Improvement was an American home improvement store based out of New Jersey. It went out of business in May, 198 Bernard Marcus was CEO of Handy Dan in 1978 when he was fired along with company vice president Arthur Blank amid a corporate power struggle with Sanford C. Sigoloff, who led Handy Dan's owner at the time, Daylin Inc. Marcus and Blank went on to found Home Depot. Daylin was purchased by W. R. Grace and Company in 1979. In 1986, Grace's retail home improvement division, which included Handy Dan and Channel Home Centers, was sold to the division's executives through a leveraged buyout. Handy Dan played a major role in getting Texas's religion-based blue laws Blue laws, also known as Sunday laws, Sunday trade laws and Sunday closing laws, are laws restricting or banning certain activities on specified days, usually Sundays in the western world. The laws were adopted originally for religious reasons, ... repealed in 1984 by opening on Sunday and using ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Improvement
The concept of home improvement, home renovation, or remodeling is the process of renovating or making additions to one's home. Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property (i.e. garden work or garage maintenance/additions). Home improvement projects can be carried out for a number of different reasons; personal preference and comfort, maintenance or repair work, making a home bigger by adding rooms/spaces, as a means of saving energy, or to improve safety. Types of home improvement While "home improvement" often refers to building projects that alter the structure of an existing home, it can also include improvements to lawns, gardens, and outdoor structures, such as gazebos and garages. It also encompasses maintenance, repair, and general servicing tasks. Home improvement projects generally have one or more of the following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Marcus
Bernard "Bernie" Marcus (born May 12, 1929) is an American billionaire businessman. He co-founded The Home Depot and was the company's first CEO, and chairman until retiring in 2002. Early life and education Bernard Marcus was born to Russian Jewish immigrant parents in Newark, New Jersey. He was the youngest of four children and grew up in a tenement. He graduated from South Side High School in 1947. Marcus wanted to become a doctor but could not afford the tuition. He graduated from Rutgers University with a pharmacy degree. While there he joined the Alpha Epsilon Pi fraternity. Career Marcus worked at a drugstore as a pharmacist but became more interested in the retailing side of the business. He worked at a cosmetics company and various other retail jobs, eventually reaching a position as CEO of Handy Dan Improvement Centers, a Los Angeles-based chain of home improvement stores. In 1978, both he and future Home Depot co-founder Arthur Blank were fired during a corporate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Blank
Arthur M. Blank (born September 27, 1942) is an American businessman and a co-founder of the home improvement retailer The Home Depot. He also currently owns two professional sports teams based in Atlanta, Georgia - the Atlanta Falcons of the National Football League (NFL) and Atlanta United of Major League Soccer (MLS), the latter of which having won the 2018 MLS Cup, thus giving him an MLS Cup Championship to his credit. Life Arthur Blank was born to a Jewish family in Flushing, New York. He was born to Max Blank, a pharmacist, and Molly Blank. He has an older brother named Michael. Blank graduated from Stuyvesant High School in New York City. After graduating from Babson Institute 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 anoth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanford C
Sanford may refer to: People *Sanford (given name), including a list of people with the name *Sanford (surname), including a list of people with the name Places United States * Sanford, Alabama, a town in Covington County * Sanford, Colorado, a statutory town in Conejos County * Sanford, Florida, the county seat of Seminole County ** Orlando Sanford International Airport, in Sanford, Floria * Sanford, Georgia, an unincorporated community * Sanford, Kansas, an unincorporated community in Pawnee County * Sanford, Maine, a city in York County ** Sanford (CDP), Maine, a former census-designated place in downtown Sanford * Sanford, Michigan, a village in Midland County * Sanford, Mississippi, an unincorporated community in Covington County * Sanford, New York, a town in Broome County * Sanford, North Carolina, a city in Lee County * Sanford, Texas, a town in Hutchinson County * Sanford, Virginia, a census-designated place in Accomack County * Mount Sanford (Alaska), a shield vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daylin
Daylin, Inc. was a major retail conglomerate (company), conglomerate based in Los Angeles and later Beverly Hills, California. Its best-known unit was Handy Dan Improvement Centers, which prefigured The Home Depot; the company also briefly owned London Drugs as well as Great Eastern, which gave rise to Linens 'n Things. Amnon Barness, an Israeli immigrant, co-founded the company in 1960 with an investment of $10,000. The company grew aggressively over the next two decades by acquiring retail operations around the United States, notably pharmacy (shop), drugstores, home improvement centers, and discount stores. By 1969, Daylin had 50 corporate divisions and subsidiaries employing around 13,000 employees. In 1973 it was reported to operate 700 stores. Handy Dan In 1968, Daylin acquired El Monte, California-based chain store, chain Angels Home Improvement Centers to add to its Handy Dan unit. Angels' founder, Sidney Kline, was hired as Daylin's chief of mergers and acquisitions. By 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Depot
The Home Depot, Inc., is an American multinational corporation, multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in incorporated Cobb County, Georgia, with an Atlanta mailing address. It operates many big-box store, big-box format stores across the United States (including the District of Columbia, Guam, Puerto Rico and the United States Virgin Islands, U.S. Virgin Islands); all 10 provinces of Canada; and all 32 Mexican states and Mexico City. Maintenance, repair, and operations, MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States. It has been involved in several controversies, primarily involving t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entrepreneur (magazine)
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by ''Entrepreneur Media Inc''., headquartered in Irvine, California. The magazine publishes 10 issues annually, available through subscription and on newsstands. It is or has been published under license internationally in Mexico, Russia, India, Hungary, the Philippines, South Africa, and others. Its editor-in-chief is Jason Feifer and its owner is Peter Shea. History Every year since 1979, ''Entrepreneur'' has published a list of its top 500 franchise companies. The magazine also published many other lists and awards, one of the most prominent being the Entrepreneur 360 formed to identify businesses mastering the art and science of growing a business. Companies are evaluated based on the analysis of 50-plus data points organized into five pillars: Revenue and Customers, Management ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Channel Home Centers
Channel Home Centers (formerly known as Channel Lumber Company and often simply known as Channel) was a chain of home-improvement centers that was based in Whippany, New Jersey. History The chain of stores was founded in 1948 but could trace its history as far back as 1922 or 1908, when the original lumber company that preceded it was founded. At its peak Channel operated stores in nine states, and did business in the Philadelphia and New York metropolitan areas. In August 1994 Channel was bought by venture capital firm Eos Partners L.P. and merged with competitor Rickel, ceasing to exist. A 1975 ''New York Times'' profile traced the company's origins to a lumber business started in Newark in 1922 by two Russian Jewish Americans, Abraham Levy and Morris Charin (1887–1963).("Channel Lumber Co., Belleville, lumber, $125,000; Morris Charin, Max Adelman, Abraham Levy, Newark.") A 1990 article in the same publication, and other company releases, however, have put the founding date ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blue Law
Blue laws, also known as Sunday laws, Sunday trade laws and Sunday closing laws, are laws restricting or banning certain activities on specified days, usually Sundays in the western world. The laws were adopted originally for religious reasons, specifically to promote the observance of the Christian day of worship, but since then have come to serve secular purposes as well. Blue laws commonly ban certain business and recreational activities on Sundays and impose restrictions on the retail sale of hard goods and consumables, particularly alcoholic beverages. The laws also place limitations on a range of other endeavors, including travel, fashions, hunting, professional sports, stage performances, movie showings, and gambling. While less prevalent today, blue laws continue to be enforced in parts of the United States and Canada as well as in European countries, such as Austria, Germany, Norway, and Poland, where most stores are required to close on Sundays. In the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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