Corporate Office HQ

Groupon Corporate Office

Groupon

Groupon is a “deal of the day” website that was launched in Chicago, Illinois in 2008. The site was founded by current CEO Andrew Mason.

Groupon’s first deal was for half price pizza.

The site grew extremely rapidly after launching and quickly expanded to other major US cities such as Boston and New York City.

History

The business expanded to other countries by acquiring similar sites such as MyCityDeal (Europe), ClanDescuento (South America), Qpod.jp (Japan), Darberry.ru (Russia).

Groupon went public in Nov 2011, 3 years after launching. Since going public, earnings have been disappointing and the stock price has plummeted.

The company current serves over 500 markets in 44 countries worldwide.

Groupon is a "deal of the day" website that was launched in Chicago, Illinois in 2008. The site was founded by current CEO Andrew Mason. Groupon's first deal was for half price pizza. The site grew extremely rapidly after launching and quickly … [Continue reading] about Groupon Corporate Office

M/I Homes Corporate Office

M/I Homes

M/I Homes was founded in 1976 as M/I Schottenstein Homes by Irving and Melvin Schottenstein. Headquartered in Columbus, Ohio, the company has built more than 78,000 homes since its inception.

History

MI currently operates in Ohio (Columbus, Cincinnati, Dayton), Illinois (Chicago), Indiana (Indianapolis), Florida (Tampa, Orlando), North Carolina (Charlotte, Raleigh), Virginia, Maryland, and Texas.

M/I currently operates under three brands: M/I Homes, TriStone Homes, and Showcase Homes.

Besides homebuilding, the company has a large financial services division that originates and sells mortgages. They also sell title insurance and offer closing services.

In October 2022, the company sought approval for a large tract of residential homes near Gastonia, North Carolina.

M/I Homes is listed as one of the top 5 largest homebuilders in the USA.

M/I Homes was founded in 1976 as M/I Schottenstein Homes by Irving and Melvin Schottenstein. Headquartered in Columbus, Ohio, the company has built more than 78,000 homes since its inception. MI currently operates in Ohio (Columbus, Cincinnati, … [Continue reading] about M/I Homes Corporate Office

FedEx Corporate Office

FedEx

History

When Fredrick Smith was attending college at Yale in 1962, he was arguing with a professor about a business model for delivery service. He imagined that he could ship packages at night when airports and roads were less crowded. That idea lead to the founding of one of the largest delivery services in the world.

FedEx was founded under the name Federal Express in 1971 by current CEO Frederick W. Smith. The company began by offering document and small package service to 25 cities via Falcon 20 jets.

The company was incorporated as the FedEx Corporation in 1997 when the company acquired Caliber Systems Inc. This lead to a larger service offering than just express shipping. In 1981, the company became the first to offer the Overnight Letter service.

By 1983, the company had reached $1 billion in revenue; the first company to do so without mergers or acquisitions.

FedEx purchases The Flying Tigers in 1989 to expand their international capabilities.

FedEx officially adopts their well-known moniker as a replacement for Federal Express in 1994.

In 2000, the company acquired Tower Group International.

FedEx Express and the U.S. Postal Service forge a public-private alliance in 2001, one which allows FedEx Express to provides air transportation of some U.S. mail and places FedEx Drop Boxes at post offices nationwide.

In 2004, the company acquired Kinko’s and re-branded them as FedEx Kinko’s. In June 2019, Dollar General and FedEx announced a partnership which would allow customers to use their local Dollar General store for pick up and drop-off services.

The company announced weak quarterly results in June 2019, losing $2 billion. FedEx warned that continued weak global trade will hurt overall profits in the coming year.

On July 3rd, 2019, FedEx announced that it would not renew its contract with Amazon.

Today, the company operates several divisions worldwide, including FedEx Ground, FedEx Express and FedEx Freight. The company currently employs nearly 400,000 workers.

In 2016, the company posted annual revenue of $60.319 billion.

UPS Corporate Office

UPS

The United Parcel Service, more commonly known as UPS, was founded in 1907 by James Casey and Claude Ryan in Seattle, Washington. The company was originally known as the American Messenger Company.

History

In 1913, the company purchased their first delivery car, a Ford Model-T. The company merges with another delivery company and becomes Merchants Parcel Delivery. This was unique in its day when most deliveries were done on foot or by bicycle.

In 1919, the name United Parcel Service is adopted when the company opens an office in Oakland, California.

In 1930, service begins in New York City. The company headquarters has moved to NYC soon after.

In 1975 the company began servicing all continental 48 states and Puerto Rico.

In 1988, UPS Airlines is launched. In 1991, the UPS corporate office has moved to Atlanta, Georgia.

The large volume of packages in the 1990s made the company develop new technology for better efficiency. A handheld device called Delivery Information Acquisition Device (DIAD) was created to record and upload delivery information to the UPS network immediately upon pickup by every UPS driver. In 1992, UPS began tracking all ground shipments electronically.

In 1999, the company goes public on the NYSE under symbol UPS. In 2001, the company acquired Mail Boxes Etc and the UPS Stores is introduced 2 years later.

UPS maintains its own airline consisting of 236 aircraft which serve over 200 countries and territories worldwide. Based out of Louisville, Kentucky, the airline also operates out of several major hubs throughout the United States.

In 2013, the company had more than 104,900 vehicles in operation worldwide, including nearly 7,000 alternative-fuel vehicles. In May of 2008, the company placed an order for an additional 200 hybrid electric vehicles, along with an order for 300 compressed natural gas vehicles from Daimler Trucks North America.

UPS is now using AI (Artificial Intelligence) for common customer service questions, as well as mapping routes for drivers, which can save the company millions every year.

UPS currently delivers over 15 million packages per day in 220 countries worldwide. The company had annual revenue in 2017 of $65.872 billion. Headquarters are located in Atlanta, Georgia.

The United Parcel Service, more commonly known as UPS, was founded in 1907 by James Casey and Claude Ryan in Seattle, Washington. The company was originally known as the American Messenger Company. In 1913, the company purchased their … [Continue reading] about UPS Corporate Office

Farmers Insurance Corporate Office

Farmers Insurance

Farmers Insurance Group was founded as Farmers Automobile Inter-Insurance Exchange in 1928 by Thomas Leavey and John Tyler. The first office was in Los Angeles, California where the company still has headquarters in a nearby suburb.

History

In 1935, the company launched a division specifically for truck insurance.

In 1942, the company launched a division specifically for home insurance.

In 1950, Mid-Century Insurance became a subsidiary of Farmers.

In 1953, the company acquired New World Life Insurance Co.

John Tyler died in 1973 and Thomas Leavey became CEO. Leavey retired in 1978.

In 1988, Farmers was acquired by BATUS Inc. in a hostile takeover that took 8 months. Zurich Financial Services was created as a holding company for Farmers Insurance.

In recent years the company has acquired several larger insurers including Foremost Insurance Group in 2000, Bristol West Holdings in 2007 and 21st Century Insurance in 2009. Farmers Group, Inc. operates as a subsidiary of Zurich Insurance Group Ltd.

Farmers is currently the third largest provider of consumer home and auto insurance in the US. They currently insurance over 20 million individual policies. As of 2016, the company has more than 48,000 exclusive and independent agents and approximately 13,000 employees.

Farmers began using Virtual Reality programs for training new claims adjusters in 2018.

In January 2019, 18 former Farmers agents sued the company for age discrimination.