FROMSOUTHPOINT MAGAZINE, FEBRUARY 1990: Coincidentally, it was right about that time that Harry Cunningham chose to retire as the CEO of Kmart,which he had founded while he was chairman of S. S. Kresge. This was a big break for us. Harry wasreally the guy who, in just ten years, had legitimized the discount industry and made Kmart into the modelfor us allthough my good friend, John Geisse, who helped found the Target and Venture stores, wasanother pioneer way ahead of his time. BOB THORNTON: Ferold Arend made a big difference in the early rollout of Wal-Marts. He was a very organized personin a way that I wasn't. I always told him it was because he was German. But he was the kind of fellowwho, if he had ten things to do in a day, would write them all down and then work to get them done. Hewould double back to see that people did what he told them to do. I never did that as a rule in thosedays. I just kept moving. 五月丁香六月综合缴情|在线观看视频a免播放器|亚洲色情视频|青青青视频自偷自拍 Somehow we had a contact at another insurance company, Mass Mutual, so we went to see them. Theyagreed to lend us a million dollars, and, in turn, we agreed to give them our right arm and our left leg. Wedidn't just pay interest, we had to give them all sorts of stock options in case we did go public. By nowthey had us over a barrel. I had no choice: we had to have the money. When we went public they mademillions and millions on that deal. the customer. Of course, Wal-Mart wouldn't be what it is today without a host of fine competitors, most especiallyHarry Cunningham of Kmart, who really designed and built the first discount store as we know it today,and who, in my opinion, should be remembered as one of the leading retailers of all time.