Leo Kahn (entrepreneur): Difference between revisions
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| NAME = Kahn, Leo |
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| ALTERNATIVE NAMES = |
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| SHORT DESCRIPTION = Businessperson |
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| DATE OF BIRTH = 1916-12-31 |
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| PLACE OF BIRTH = Medford, Massachusetts |
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| DATE OF DEATH = 2011-05-11 |
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| PLACE OF DEATH = Jamaica Plain, Boston, Massachusetts |
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[[Category:1916 births]] |
[[Category:1916 births]] |
Revision as of 08:38, 13 May 2016
Leo Kahn (December 31, 1916 – May 11, 2011) was an American reporter and businessman. He is credited as the co-founder of Staples Inc.[1][2] Kahn is also considered a pioneer of the natural and health food supermarket industry, founding the Fresh Fields and Nature's Heartland chains, which are now part of Whole Foods Market.[1]
Biography
Early life
Kahn was born in Medford, Massachusetts, as the youngest of two brothers.[1] His parents, who were Lithuanian Jewish immigrants, owned a wholesale food distributor.[1][3] Kahn graduated from Malden High School in Malden, Massachusetts.[1][4]
Kahn received a bachelor's degree from Harvard University in 1938.[1] He then obtained a master's degree in journalism from Columbia University in New York City in 1939.[1] He worked a reporter in New Bedford, Massachusetts,[2] and practiced public relations for political campaigns until he was drafted into the U.S. military in 1941 as the U.S. entered World War II.[1] He was stationed in North Africa, Europe and Asia as a navigator for the Army Air Forces.[1]
He and his brother, Albert Kahn, took over the family's wholesale business following the end of World War II.[1] Leo Kahn became the sole owner of the business when Albert left the company to become a professor at Boston University.[1]
Kahn married his first wife, Dorothy Davids, in 1963 and had three children.[1] The family resided in Chelmsford, Massachusetts, until Dorothy Kahn's death in 1975.[1]
Purity Supreme
Leo Kahn continued to operate his family's wholesale food distributor. However, he also launched a new grocery retailing division, which became known as Purity Supreme.[5] The company initially opened small groceries, but then expanded to supermarkets.[5] The Purity Supreme company also included the Heartland Foods Warehouse, which was called "the first successful deep-discount warehouse supermarket in the country" by Inc Magazine.[5]
One Kahn's biggest rivals was Thomas G. Stemberg, the owner of a competing New England supermarket chain called First National Supermarkets. At one point, Kahn and Stemberg engaged in a price war over the lower price for Thanksgiving turkeys.[5]
Kahn sold Purity Supreme to the Supermarkets General Corporation in 1984 for $80 million.[5] Through the transaction, Kahn became the chairman of Supermarket General.[5] Privately, Kahn regretted selling Purity, saying he missed the interaction with his employees.[1]
Leo Kahn died at the Springhouse care facility in the Jamaica Plain neighborhood of Boston from a series of strokes on May 11, 2011, at the age of 94.[1][2][5]
References
- ^ a b c d e f g h i j k l m n o Marquard, Bryan (2011-05-12). "Leo Kahn, co-founder of Staples, dies at 94". Boston Globe. Retrieved 2011-05-22.
- ^ a b c Shapiro, T. Rees (2011-05-14). "Leo Kahn, entrepreneur who helped found Staples office-supply business, dies at 94". Washington Post. Retrieved 2011-05-22.
- ^ Alan D. Abbey (May 23, 2011). "The Eulogizer: Staples co-founder Leo Kahn, violinist Endre Wolf". JTA. Retrieved March 27, 2013.
- ^ » Is Leo Kahn Jewish Jew of the Week
- ^ a b c d e f g Martin, Douglas (2011-05-12). "Leo Kahn, Trailblazer in Big-Box Retailing, Dies at 94". New York Times. Retrieved 2011-05-22.
- 1916 births
- 2011 deaths
- American company founders
- American grocers
- American Jews in the military
- American military personnel of World War II
- American newspaper reporters and correspondents
- American people of Lithuanian-Jewish descent
- American retail chief executives
- Businesspeople from Boston, Massachusetts
- Harvard University alumni
- Columbia University alumni
- People from Chelmsford, Massachusetts
- People from Medford, Massachusetts
- People from Newton, Massachusetts
- Retail company founders
- United States Air Force personnel