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  5. George Gilman

Deaths on March 3

1901Mar, 3

George Gilman

George Gilman, American businessman, founded The Great Atlantic & Pacific Tea Company (b. 1826)
George Francis Gilman (1826 – March 3, 1901) was an American businessman. A native of Waterville, Maine, he moved to Manhattan when he joined his father's leather tanning business. By age 30, he had his own leather business in New York. After his father died, Gilman decided to enter the more respectable tea and coffee business and started what would ultimately become The Great Atlantic and Pacific Tea Company, better known as A&P.Gilman had a flair for marketing and pioneered many sales techniques that are now commonplace retailing. Initially he opened stores in New York City and also operated a nationwide mail order business selling tea and coffee. In 1871, he opened a store in Chicago, Illinois and within a few years operated stores in 16 cities.In 1878, Gilman retired to his mansion in Bridgeport, Connecticut where he became known as an eccentric. The firm was operated by George Huntington Hartford who had been responsible for the company's business affairs. Under the unwritten understanding, Hartford received half of the profits. Gilman never had children and died without a will. Hartford asserted in court that he was entitled to half of the company and Gilman's estate agreed to a settlement that allowed Hartford to ultimately buy out the Gilman interests.

References

  • George Gilman
  • The Great Atlantic & Pacific Tea Company

Choose Another Date

Events on 1901

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  • 25Feb

    U.S. Steel

    J. P. Morgan incorporates the United States Steel Corporation.
  • 11Jun

    Cook Islands

    The boundaries of the Colony of New Zealand are extended by the UK to include the Cook Islands.
  • 14Sep

    Assassination of William McKinley

    U.S. President William McKinley dies after an assassination attempt on September 6, and is succeeded by Vice President Theodore Roosevelt.
  • 12Oct

    White House

    President Theodore Roosevelt officially renames the "Executive Mansion" to the White House.

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