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 Moby Dick opened its doors in Seattle’s Pike Place Market for the first time. What started as a humble coffee shop has boomed since then into a monolithic organization which leads the industry. Today, it…

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 Havana, Cuba, Pan Am grew to be one of the most influential and innovative airline companies of the twentieth century. Within the same year of its launch as a mail carrier, the company was selected…

Goizueta Faculty Interview: Doug Bowman on marketing research trends and the skills today’s business school graduates need to have

Professor of Marketing Doug Bowman joined Goizueta Business School in 1999. Business Librarian Ann Cullen, a frequent collaborator of Professor Bowman for his marketing classes, interviewed Professor Bowman in January 2018. He shares his insights on the complexity of marketing decisions and how shifting the research focus from “asking” to “observing” can lead to better…

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 cards in 1916. No one knows the exact origins of the holiday, but it’s predecessors…

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 months after the launch, Apple sold over 5,000 Macintosh computers. The One Device: The Secret…

This Day in Business History: Happy Birthday, André Michelin!

January 16, 1853: André Michelin, founder of Michelin Tire Company, is born in Paris. Michelin took over his family’s failing farm equipment company, which manufactured rubber parts such as belts and valves, in 1886. A few years later, he was approached by a cyclist who was having trouble with his tires. At that time, bicycle…

This Day in Business History: Burj Khalifa opens

Jan. 4, 2010:  Burj Khalifa in Dubai, U.A.E., opens as the worlds tallest building at 2,717 feet (828m).  At over 160 stories tall, it also has the highest occupied floor in the world.  The building includes 900 residential apartments, office space and a 304 room hotel, as well as an observation deck. Sources: Burj Khalifa…

This Day in Business History: The European Economic Community Is Formed

January 1, 1958: The European Economic Community, known as the Common Market, becomes official. Belgium, France, West Germany, Italy, Luxembourg, and The Netherlands signed the Treaty of Rome in March 1957, which laid the plan for this trade community, and was later joined by the United Kingdom, Denmark, Ireland, Greece, Portugal,and Spain. East Germany also…

This Day in Business History: Happy Birthday, Henry Varnum Poor!

December 8, 1812: Henry Varnum Poor was born on this day and would lay the groundwork for the business information industry. As the editor of the American Railroad Journal, he became aware of the ways that businesses across states were becoming increasingly interconnected. Managers found a lot of value in information about companies and economics in partnering…