Early Years
Monus was born into a prominent family on the north side of Youngstown, Ohio. His father, Nathan Monus (now retired), was a prominent businessman and the estranged younger brother of Mike and Al B. Monus (both deceased). Mickey's mother, Frances Tamarkin Monus, was a housewife. Mickey attended the Rayen School and University School, a boys preparatory school in Shaker Heights, Ohio. He graduated from Babson College in Wellesley, Massachusetts.
Monus returned to Youngstown, where he worked for a family business. His return coincided with the collapse of the community's core steel industry, and Monus became intrigued with the possibility of launching a retail enterprise whose operations stretched beyond the borders of his hometown. With business partner David Shapira, Monus launched a "deep discount" drugstore, whose strategy of aggressive buying provided customers with tremendous savings, if fewer selections.
Read more about this topic: Michael I. Monus
Famous quotes containing the words early and/or years:
“In early times, before the floods swept across the world, there was life, albeit odd, as one can see from the fossils of mammoth bones, and there was the regime of Prince Metternich.”
—Franz Grillparzer (1791–1872)
“I spend so many times for skating, and I gave up so many hobbies for this ... the Olympics are four years in time. And I am old.”
—Ye Qiaobo (b. 1965)