M&M;’s are based an older British product called “Smarties”. Forrest Mars Sr. saw soldiers during the Spanish Civil War eating chocolate pellets that were coated in sugar to prevent chocolate from sticking to their fingers. After the rights were purchased by Americans Forrest Mars Sr. and R. Bruce Murrie in 1939, they had to reintroduce …
The story of New Balance begins at the dawn of the 20th century in Boston, Massachusetts when William J. Riley, a 33-year-old English immigrant, committed himself to helping people with problem feet by making arch supports and prescription footwear to improve shoe fit. In 1934, Mr. Riley went into partnership with his leading salesman, Arthur …
In 1966, two hiking enthusiasts founded a small mountaineering retail store in the heart of San Francisco’s North Beach. The Company soon became known as The North Face, a retailer of high-performance climbing and backpacking equipment. (The name was selected because in the Northern Hemisphere, the north face of a mountain is generally the coldest, …
Clinique, an offshoot of the Estee Lauder Company, was founded in 1968. Its charter, which is somewhat different than most cosmetic companies, is to meet individual skin care needs. Rather than selling a universal solution to all customers regardless of skin type, Clinique, with its unique line of skin care products, seeks to customize its …
Air Canada started out with the name Trans-Canada Airlines and was created as a subsidiary of Canadian National Railway on April 10, 1937. Passenger operations began on September 1, with a Lockheed 10A carrying two passengers and mail from Vancouver to Seattle. The company was headquartered in Winnipeg which was also the site of the …
Jeff Bezos founded Amazon.com in 1994 out of his garage in his Bellevue, Washington. A businessman by the name of Nick Hanauer believed in Bezos idea and decided to invest $40,000 in the venture. When Amazon first decided to go online, its layout looked very plain and unattractive to most visitors, causing the business to …