This Day in Business History: McDonald’s Opens First Franchise
April 15, 1955: Ray Kroc opened the first McDonald’s franchise in Des Plaines, Illinois, having purchased the rights to franchise the…
This Day in Business History
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This Day in Business History: Apple Inc. Is Founded By Steve Jobs and Steve Wozniak
April 1, 1976: College dropouts Steve Jobs and Steve Wozniak founded Apple Computers, Inc. The two wanted to make computers small enough for…
This Day in Business History: Starbucks opens its first doors in Seattle
March 30, 1971: Well before Howard Schultz walked into the picture, a small coffee shop with a name inspired by…
This Day in Business History: Word’s First Internet Domain Is Registered
March 15, 1985: The world’s first internet domain name, symbolics.com, was registered by the Symbolics Computer Corporation of Massachusetts. The…
This Day in Business History: Pan Am Airways Takes Flight
March 14, 1927: Initially designed to be just an air mail and passenger service operation between Key West, Florida and…
This Day in Business History: The Birth of the Commercial Typewriter
March 1, 1873: While the history of the development of the typewriter dates back to the 16th century, in the U.S.,…
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This Day in Business History: America’s First Five and Dime Store Opens
February 22, 1878: The first F.W. Woolworth store was opened by Frank Winfield Woolworth on February 22, 1878 in Utica, NY. Marketed as “Woolworth’s Great Five Cent Store” it had a less than stellar beginning and the store soon closed....
This Day in Business History: St. Valentine’s Day Becomes Big Business
February 14, 1913: Hall Bros. of Kansas City, MO (later known as Hallmark) offers its first valentine postcards. Two years later, a fire would destroy all of their inventory, forcing them to buy printing equipment to start mass producing their own valentine...
This Day in Business History: Facebook Is Founded
Feb 4, 2004: Facebook is founded by Mark Zuckerberg and co-founders Dustin Moskovitz, Chris Hughes and Eduardo Saverin launch Facebook. By December 2004, 1M people were using Facebook. The social media network now has 1.49 billion daily active users on Facebook...
This Day in Business History: Apple Macintosh Goes on Sale
Jan 24, 1984: The Apple Macintosh computer first goes on sale, featuring a graphical user interface and a mouse. Two days prior to the sale, Apple announced the new computer’s launch via a dramatic ad during Super Bowl XVIII. In the first three...