Corporate Office HQ

Abercrombie and Fitch Corporate Office

Abercrombie & Fitch

Founded in 1892 in Manhatten by David Abercrombie and Ezra Fitch, the original Abercrombie and Fitch produced very high end outdoor clothing and supplies.

In 1976, the company filed Chapter 11 bankruptcy.

In 1979, Oshman’s Sporting Goods purchased the rights to the business name. The business was relaunched as a mail order company.

History

In 1988, Oshman’s sold the company to Columbus, Ohio based Limited Company. The Limited changed the company to a casual clothing company targeting 18-25 year olds.

Leslie (Les) Wexner hired Michael Jeffries as CEO to revitalize the company. Jeffries was always controversial and also extremely highly paid. His 2011 compensation was $46.6 million.

Michael (Mike) Jeffries stepped down on December 9, 2014 due to mass criticism and nearly 3 years of declining revenue. Joanne Crevoiserat replaced Jeffries as interim CEO.

The company currently has over 1000 locations worldwide. The Abercrombie corporate office is located in New Albany, Ohio.

Founded in 1892 in Manhatten by David Abercrombie and Ezra Fitch, the original Abercrombie and Fitch produced very high end outdoor clothing and supplies. In 1976, the company filed Chapter 11 bankruptcy. In 1979, Oshman's Sporting Goods … [Continue reading] about Abercrombie and Fitch Corporate Office

Hertz Corporate Office

Hertz

The Hertz Corporation was founded in 1918 by Walter L. Jacobs. He started the business in Chicago, IL with 12 Ford Model T cars. Within 5 years, Jacobs company, simply called Rent A Car, had a fleet of 600 vehicles and an estimated annual revenue of $1 million.

In 1923, Jacobs sold the business to John D. Hertz who renamed the business to Hertz Drive-Ur-Self System.

History

In 1925, Hertz sold an interest in the company to General Motors. The remaining shares were sold to GM in 1943. General Motors opened the first car rental credit card in 1926 and the first airport car rental counter in 1932 at Chicago’s Midway airport.

In 1953, Jacobs purchased the company back from GM and took the company public on the NYSE.

In 1967, the company was purchased by RCA.

In 1987, Hertz was sold to the Ford Motor Company subsidiary Park Ridge Corporation.

In 2010, Hertz acquired British Car Auctions and in 2012, acquired rival Dollar-Thrifty Automotive Group.

In 2013, the company partnered with China’s largest rental company, China Auto Rental.

Currently, the company has 9,700 locations in 150 countries between the three brands; Hertz, Dollar, and Thrifty Rent a Car.

Hertz added approximately 335,000 2015 model-year vehicles to its fleet through September 30, 2015.

Annual revenue in the US alone is $9.3 billion for 2016.

Today the company operates in 145 countries worldwide. In May 2013, Florida Governor Rick Scott announced Hertz Global Holdings would relocate their worldwide headquarters from Park Ridge, New Jersey to Estero, Florida.

Due to the coronavirus crisis, Hertz filed for bankruptcy in May 2020.

Despite laying off thousands of employees, the company paid out $16.2 million in bonuses to executives just before filing for bankruptcy.

In December 2022, Hertz agreed to settle with nearly 370 clients who were falsely accused of stealing cars from Hertz.

Equity Residential Corporate Office

Equity Residential

Equity Residential was founded in 1969 by Sam Zell (the current Chairman of the Board) and Bob Lurie. The two had been managing student apartment buildings at the University of Michigan and decided to create a business out of it.

The company went public in 1993 and has paid a cash dividend to investors every year since that time.

In 2001, Equity Residential became list in the S&P 500, the first apartment building company to do so.

History

Today, the company owns wholly or in part, over 550 apartment buildings in 23 US states. The Equity Residential corporate office is located in Chicago, Illinois.

Tractor Supply Corporate Office

Tractor Supply

Tractor Supply Company, or TSC for short, began in 1938 as a mail order tractor parts business founded by Charles E. Schmidt, Sr. In 1939, the first retail store opened in Minot, North Dakota.

The company sells agriculture equipment, pet supplies, home improvement, and lawn and garden maintenance items.

History

In 1958, the company went public and growth accelerated.

In 1966, the company opens stores in Ontario, Canada.

In 1969, the company is purchased by National Industries. Then they are acquired by Fuqua Industries in 1978.

In 1982, a leveraged buyout (LBO) is led by upper management of the company.

In 1987, all Canadian stores are sold to Murray Cummins.

Today, TSC has over 1800 stores in 49 US states. Annual revenue in 2018 was $7.911 billion.

Tractor Supply continues to thrive by avoiding tariffs and appealing to both agricultural farmers and home owners.

In September 2019, the company stated that charities that were offering rifles as prizes for winning a raffle would no longer be allowed to sell tickets from storefronts.

In December 2022, The Motley Fool stated that Tractor Supply stock was a bargain and posted it as a “buy”.

In October 2022, Tractor Supply acquired Orscheln Farm and Home for $238 million.

It is unknown if Orscheln will be rebranded as Tractor Supply.

The Tractor Supply corporate office is located in Brentwood, Tennessee.

Tractor Supply Company, or TSC for short, began in 1938 as a mail order tractor parts business founded by Charles E. Schmidt, Sr. In 1939, the first retail store opened in Minot, North Dakota. The company sells agriculture equipment, pet supplies, … [Continue reading] about Tractor Supply Corporate Office

Dick’s Sporting Goods Corporate Office

Dick's Sporting Goods

In 1948, Richard, “Dick” Stack was working for an army surplus store. The owner asked young 18-year-old Dick if he had any ideas for other items that they could add to their inventory. Dick said that the thought fishing supplies (bait and tackle) would sell well. The store owner laughed and said that Dick would never be a merchant.

Disappointed, Dick told his grandmother this story. “Go for your dreams”, she told her grandson and handed him $300 of her own savings. Dick used the money to buy some stock and open a small storefront.

History

In the mid-1950s, the store began selling general sports merchandise. In the early 60s, the first Dick’s Sporting Goods store was opened.

Under the supervision of the man who would “never be a good merchant”, the store flourished and a second location was opened in Vestal, New York.

Dick Stack retired in 1984 and his son Eddie, the current CEO, took over the business. Edward Stack has served as chairman and chief executive officer of his father’s company since 1984, having started with the company full-time in 1977, and gradually working his way up in a variety of positions, including store clerk, merchandise manager, store manager and president.

The chain expanded quickly under Eddie. They began opening more stores across Upstate New York in the 1990s.

In 1994, the Dick’s Sporting Goods corporate office was moved from Binghamton, NY to Coraopolis, Pennsylvania.

In early February 2018, Dick’s put out a press release which acknowledged that, in November 2017, it was responsible for the sale of a shotgun to the perpetrator of the Stoneman Douglas High School, Florida, shooting. Although it was not the gun that was used in that shooting, the company stated that “on so many levels that the systems in place are not effective to protect our kids and our citizens”, Dick’s announced the immediate end of all sales of assault-style type rifles. The company had done this previously in 2012 but claims it will not reverse its stance on the issue this time around. Dick’s also said it would no longer sell high capacity magazines, nor would they sell guns to people under the age of 21. This move cost the company at least a quarter of a billion dollars, according to the CEO.

CEO Ed Stack also stated in an October 2019 interview that the company destroyed nearly $5 million dollars worth of assault-style weapons they had in stock, rather than return them to the manufacturers for credit, thus preventing them from ever being used.

He also slammed Senate leader Mitch McConnell for not allowing a vote on universal background checks for firearms.

Today, the company operates over 610 stores in 42 US states. In 2016, the company had annual revenue of $7.92 billion. The company is publicly traded on the NYSE under the ticker symbol DKS.

In 1948, Richard, "Dick" Stack was working for an army surplus store. The owner asked young 18-year-old Dick if he had any ideas for other items that they could add to their inventory. Dick said that the thought fishing supplies (bait and tackle) … [Continue reading] about Dick’s Sporting Goods Corporate Office