Piggly wiggly graceville fl3/16/2023 ![]() Saunders’ reason for choosing the intriguing name “Piggly Wiggly®” remains a mystery he was curiously reluctant to explain its origin. The stock was successfully traded on the New York Stock Exchange for some time, but through a series of trades in the early 1920s, Saunders lost control of Piggly Wiggly® and had no further association with the company.ĭespite Saunders’ departure, Piggly Wiggly Corporation continued to prosper as a franchiser for hundreds of independently owned grocery stores operating under the Piggly Wiggly® name. ![]() Piggly Wiggly Corporation became the owner of all Piggly Wiggly® properties – the name, the patents, etc., and Saunders began issuing company stock soon after. Piggly Wiggly Corporation, which Saunders established when he opened his first store in Memphis, secured the self-service format and issued franchises to hundreds of grocery retailers to operate their own Piggly Wiggly® stores. There were shopping baskets, open shelves, and no clerks to shop for the customer – all of which were previously unheard of! Operating under the unusual name ‘Piggly Wiggly®’, it was unlike any other contemporary grocery store. Saunders, a dynamic and innovative man, noticed that this method resulted in wasted time and expense, so he came up with an unheard-of solution that would revolutionize the entire grocery industry: he developed a way for shoppers to serve themselves.ĭespite predictions that his novel idea would fail, Saunders’ first store opened on Septemat 79 Jefferson Street in Memphis. ![]() ![]() In grocery stores of that time, shoppers presented their orders to clerks who then gathered the goods from the store shelves. Piggly Wiggly®, America’s first true self-service grocery store, was founded in Memphis, Tennessee in 1916 by Clarence Saunders. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |