Sole Owner Stores
In a move reminiscent of that of John Walter Scott’s in 1889, he went on to create the "Clarence Saunders Sole Owner of My Name Stores" chain in 1928. The chain, which was known by the public as "Sole Owner" stores, initially flourished, with 675 stores operating and annual sales of $60 million in 1929. However the chain went into bankruptcy in 1930 at the start of the Great Depression.
During the war, Saunders designed and sold wooden toys.
Read more about this topic: Clarence Saunders (grocer)
Famous quotes containing the words sole, owner and/or stores:
“The ripest fruit of all,
That perfect bliss and sole felicity,
The sweet fruition of an earthly crown.”
—Christopher Marlowe (1564–1593)
“In relation to God, we are like a thief who has burgled the house of a kindly householder and been allowed to keep some of the gold. From the point of view of the lawful owner this gold is a gift; From the point of view of the burglar it is a theft. He must go and give it back. It is the same with our existence. We have stolen a little of God’s being to make it ours. God has made us a gift of it. But we have stolen it. We must return it.”
—Simone Weil (1909–1943)
“Piles of gold are not as good as stores of grain.”
—Chinese proverb.