7-Eleven
Every successful company in the world began with a single visionary. This was also the case with 7-Eleven. In 1927, Jefferson Green was a regular Joe at Southland Ice when he decided to broaden the company’s product line and market reach. He started providing extras like bread, eggs, and milk. It turned out to be a good business idea.
After renaming his Dallas-based company 7-Eleven in honor of its operating hours, it became even more successful. It has become ingrained in American culture several decades later. It did, however, have a rough time during the 1987 financial crisis. It was at this point that Ito-Yokado, a Japanese corporation, stepped in to help the company. As a result, it was purchased by Seven & I Holdings and became a subsidiary of the firm.
Sunglass Hut
For many eyewear enthusiasts in the United States, Sunglass Hut is the most popular place to shop. From tinted sunglasses to clear spectacles, the company has everything you could possibly need. South Africa, India, and the United Kingdom are among the countries where it operates. Despite this, the company was founded in Miami, Florida, by Sanford Ziff, an optometrist who served as the company’s inspiration.
Five years after opening its 100th location in New York City, the company was sold in 1986. In 2001, the Luxottica group paid $653 million for the company. At the time of the survey, there were more than 1,300 stores open. Currently, there are approximately 2,000 outlets in nearly every country on the planet!