Richard A. Smith (businessman)
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Richard A. Smith (businessman)
Richard Alan Smith (November 1, 1924 – September 9, 2020) was an American business executive who served as CEO of General Cinema Corporation. Biography Smith was born in 1924Fortune: "The New Show at Neiman-Marcus - A little-known empire of movie houses and soft drink bottlers, General Cinema, is buying up control of the country's most glamorous retailer." by John Paul Newport Jr.
April 27, 1987
the son of Philip Smith. His father founded Midwest Drive-In Theaters which in 1941, ope ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Carter Hawley Hale
Broadway Stores, Inc., was an American retailer based in Southern California. Known through its history as Carter Hawley Hale Stores and Broadway Hale Stores over time, it acquired other retail store chains in regions outside its California home base and became in certain retail sectors a regional and national retailer in the 1970s and 1980s. The company was able to survive takeover attempts in 1984 and 1986, and also a Chapter 11 bankruptcy filing in 1991 by selling off most of its assets until August 1995 when its banks refused to advance enough additional credit in order for the company to be able to pay off suppliers. At that point, the company sold itself to Federated Department Stores for $1.6 billion with the acquisition being completed on October 12, 1995. History Early history In 1950, as Los Angeles began to grow in population very rapidly and assumed dominance within the state, the fast-growing The Broadway Department Stores (founded in 1896) based there negotiated an ...
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TPG Capital
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds.Source: Preqin Private equity funds TPG has historically relied primarily on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and from other institutional investors. History and notable investments Founding Texas P ...
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RELX Group
RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; decision-making tools; and organise exhibitions. It operates in 40 countries and serves customers in over 180 nations. It was previously known as Reed Elsevier, and came into being in 1993 as a result of the merger of Reed International, a British trade book and magazine publisher, and Elsevier, a Netherlands-based scientific publisher. The company is publicly listed, with shares traded on the London Stock Exchange, Amsterdam Stock Exchange and New York Stock Exchange (ticker symbols: London: REL, Amsterdam: REN, New York: RELX). The company is one of the constituents of the FTSE 100 Index, Financial Times Global 500 and Euronext 100 Index. History The company, which was previously known as Reed Elsevier, came into being in 1993, as a r ...
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Pizzeria Uno
Uno Pizzeria & Grill (formerly Pizzeria Uno and Uno Chicago Grill), or more informally as Unos, is a franchised pizzeria restaurant chain under the parent company Uno Restaurant Holdings Corporation. Uno Pizzeria and Grill is best known for its Chicago-style deep dish pizza. Ike Sewell opened the first Pizzeria Uno in 1943. History Founding and original locations The first Uno's was established in 1943 by former University of Texas football star Ike Sewell and his friend, former World War II G.I. Ric Riccardo, in the River North neighborhood of Chicago, Illinois. Sewell originally intended to open a Mexican restaurant because "there wasn't a really decent Mexican restaurant in Chicago then." While Sewell and Riccardo are known as the owners of the original restaurant, a 1956 article from the ''Chicago Daily News'' asserts that the original deep-dish pizza recipe was created by chef Rudy Malnati Sr., the father of Lou Malnati. Pizzeria Uno claims to have originated the d ...
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Taco Bell
Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty and speciality items, and a variety of "value menu" items. , Taco Bell serves over customers each year, at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees. PepsiCo purchased Taco Bell in 1978, and later spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands. History Taco Bell was founded by Glen Bell, an entrepreneur who first opened a hot dog stand called Bell's Drive-In in San Bernardino, California, in 1948. Bell watched long lines of customers at a Mexican restaurant called the Mitla Cafe, located across the street, which became famous among residents for its har ...
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Pepsi
Pepsi is a carbonated soft drink manufactured by PepsiCo. Originally created and developed in 1893 by Caleb Bradham and introduced as Brad's Drink, it was renamed as Pepsi-Cola in 1898, and then shortened to Pepsi in 1961. History Pepsi was first invented in 1893 as "Brad's Drink" by Caleb Bradham, who sold the drink at his drugstore in New Bern, North Carolina. It was renamed Pepsi-Cola in 1898, "Pepsi" because it was advertised to relieve dyspepsia (indigestion) and "Cola" referring to the cola flavor. Some have also suggested that "Pepsi" may have been a reference to the drink aiding digestion like the digestive enzyme pepsin, but pepsin itself was never used as an ingredient to Pepsi-Cola. The original recipe also included sugar and vanilla. Bradham sought to create a fountain drink that was appealing and would aid in digestion and boost energy. In 1903, Bradham moved the bottling of Pepsi from his drugstore to a rented warehouse. That year, Bradham sold 7,968 gallons ...
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Starbucks
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of Starbucks' U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed. The rise of the second wave of coffee culture is generally attributed to Starbucks, which introduced a wider variety of coffee experiences. Starbucks serves hot and cold drinks, whole-bean coffee, micro-ground instant coffee, espresso, caffe latte, full and loose-leaf teas, juices, Frappuccino beverages, pastries, and snacks. Some offerings are seasonal, or specific to the locality of the store. Depending on the country, most locations provide free Wi-Fi internet access. Company overview Starbucks was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's ...
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Harcourt Brace Jovanovich
Harcourt () was an American publishing firm with a long history of publishing fiction and nonfiction for adults and children. The company was last based in San Diego, California, with editorial/sales/marketing/rights offices in New York City and Orlando, Florida, and was known at different stages in its history as Harcourt Brace, & Co. and Harcourt Brace Jovanovich. From 1919 to 1982, it was based in New York City. Houghton Mifflin acquired Harcourt in 2007. It incorporated the Harcourt name to form Houghton Mifflin Harcourt. As of 2012, all Harcourt books that have been re-released are under the Houghton Mifflin Harcourt name. The Harcourt Children's Books division left the name intact on all of its books under that name as part of HMH. In 2007 the U.S. Schools Education and Trade Publishing parts of Harcourt Education were sold by Reed Elsevier to Houghton Mifflin Riverdeep Group. Harcourt Assessment and Harcourt Education International were acquired by Pearson, the internat ...
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Leslie Wexner
Leslie Herbert Wexner (born September 8, 1937) is an American billionaire businessman, the founder and chairman emeritus of Bath & Body Works, Inc. (formerly Limited Brands). Wexner grew a business empire after starting The Limited, a clothing retailer with a restricted selection of profitable items, and later expanded his holdings to include Victoria's Secret, Abercrombie & Fitch, Express, Inc., and Bath & Body Works. In February 2020, Wexner announced that he was transitioning from CEO of L Brands into the role of chairman emeritus. Wexner hired Jeffrey Epstein as his financial manager beginning sometime in the 1980s and continuing until 2007. Wexner had a very close relationship with Epstein that began in the 1980s and continued until Epstein's death. Wexner was once the “main client” of Epstein’s money-management firm, according to Bloomberg. Wexner allowed Epstein to run his business out of a house he owned and resided in whilst CEO of Victoria's Secret. Early life a ...
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Holt Renfrew
Holt, Renfrew & Co., Limited (doing business as Holt Renfrew and known colloquially as Holt's) is a Canadian luxury department store chain founded in 1837 by William S. Henderson. It has been owned by the Weston family since 1986, and was previously affiliated with the department stores Selfridges, Brown Thomas, and de Bijenkorf until the Weston family divested of the Selfridges Group in 2022. The chain is comparable to the American department stores Saks Fifth Avenue and Neiman Marcus. Once "Furriers in Ordinary" to Queen Victoria, the chain was founded as a fur shop in Quebec City. History In 1837, William S. Henderson, an Irish-born merchant, bought his partners' interest in their Quebec City fur shop and went into business for himself, thereby marking the traditional founding date of Holt Renfrew. Three years earlier, Henderson had arrived by ship from Londonderry with a load of hats and caps. The merchandise sold well and other overseas crossings followed. Eventually, ...
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Thalhimers
Thalhimers was a department store in the Southern United States. Based in Richmond, Virginia, the venerable chain at its peak operated dozens of stores in Virginia, North Carolina, South Carolina, and one store in Memphis, Tennessee. Thalhimer's traditions were most notable during the holiday season with visits from the sticker-distributing Snow Bear and, in later years, the arrival of Lego Land at the downtown Richmond store. History William Thalhimer immigrated to the Richmond area from Germany in the early 19th century. In 1842 he opened a dry good store which his grandson, William B. Thalhimer, transformed into Richmond's first department store. In 1978, the company, by then developed into a regional department store chain, was acquired by California-based Carter Hawley Hale Stores. At one time, Carter Hawley Hale owned several notable department stores, including upscale Neiman-Marcus and John Wanamaker. After poor financial results throughout the 1980s, and saddled by the ...
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