History
The chain was started by Sidney Kosasa, who opened his first store in Waikiki in 1964. The stores were originally named "Mister K." Later, in order to make the store name easier to remember, the name of the stores were changed to "ABC Stores." The last Mister K was changed to ABC in 2009
The son of a first generation Japanese immigrant, Sidney Kosasa (or rather ‘Mr. K’- known by his ABC Stores ‘Ohana’ or family) was born in Palolo Valley, Hawaii in December 1919. His first experiences in retail began while working in his parents’ grocery store in Palolo.
In 1949, Mr. and Mrs. K. opened their first pharmacy/convenience store in Kaimuki, Hawaii – known later as Thrifty Drugs. As business grew, his entrepreneurial and business philosophies resulted in the opening of four locations within 10 years. While attending a business convention in Miami Beach, Florida, Mr. K noticed all the tourists near the large hotels and had a vision to build a chain of resort stores in Hawaii. The first ABC Store was opened on Kalakaua Avenue in Waikiki, Hawaii in 1964.
Mr. K’s son Paul Kosasa is current Chief Executive Officer.
Read more about this topic: ABC Stores (Hawaii)
Famous quotes containing the word history:
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)
“America is the only nation in history which, miraculously, has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Attributed to Georges Clemenceau (1841–1929)
“... all big changes in human history have been arrived at slowly and through many compromises.”
—Eleanor Roosevelt (1884–1962)