Bernard Kroger
| Bernard Kroger | |
|---|---|
| Born |
Bernard Henry Kroger January 24, 1860 Cincinnati, Ohio, U.S. |
| Died |
July 21, 1938 (aged 78) Cape Cod, Massachusetts, U.S. |
Cause of death | Heart attack |
Resting place |
Spring Grove Cemetery, Cincinnati, Ohio, U.S. 39°09′52″N 84°31′22″W / 39.164559°N 84.522672°W |
| Nationality | American |
| Other names | Barney Kroger |
| Ethnicity | White |
| Occupation | Entrepreneur |
| Religion |
Anglican Episcopalian |
Bernard Henry Kroger (January 24, 1860 – July 21, 1938), better known as Barney Kroger, was an American businessman who created the Kroger chain of supermarkets starting in 1883.
Biography
Kroger was born in Cincinnati, Ohio the fifth of ten children in a family of German immigrants.[1] The family lived above a dry goods store that his parents owned, but Kroger was forced to go to work at age thirteen to help support his family. He quit his first job in a drug store because his religious mother objected to his working seven days a week. He then worked as a farmhand near Pleasant Plain, Ohio before contracting malaria and coming home.
Kroger then began working as a door to door salesman for the Great Northern and Pacific Tea Co., eventually ending up at the Imperial Tea Co. The grocery was not doing well, and the two owners made Kroger a manager. When the owners later refused to make Kroger a partner, he used his own money to open his own grocery.
Kroger's store, The Great Western Tea Co., succeeded despite numerous growing pains and catastrophes. Kroger opened four separate locations within two years. He renamed the company Kroger Grocery and Baking Co. in 1902, later shortened to Kroger, and opened over 5,500 stores by the end of the 1920s. He is credited with introducing the low-cost grocery chain models that persist today.
Kroger also invested in the creation of Provident Bank, selling his holdings in the bank in 1928, shortly before the Wall Street Crash of 1929. During a bank crisis in 1933, he converted $15 million of his savings into cash and displayed it at the bank to demonstrate the financial soundness of the bank, averting the crisis locally.
Kroger was also involved in many charitable ventures, including the opening of parks, donations to zoos, and medical research.
Kroger died of a heart attack on July 21, 1938 in Cape Cod, Massachusetts, at the age of 78.[2] He was buried in Cincinnati's Spring Grove Cemetery.
References
- ↑ "When he was 13, in the Panic of 1873, Bernard Kroger’s German immigrant father’s Cincinnati dry goods store failed."
- ↑ "B. H. Kroger Dies". The New York Times. July 22, 1938. Retrieved 2009-01-21. "Founder of Business Made Up of 4,844 Stores Succumbs to a Heart Attack. Once Lost Everything in Ohio River Flood. Cincinnatian Also a Philanthropist. Operated 4,844 Stores. Bernard H. Kroger, who founded the Kroger Grocery and Baking Company, died tonight of a heart attack at his Summer home at Wianno, Mass., on Cape Cod. He was 78 years old."
External links
- "Bernard Kroger". Find a Grave. Retrieved August 11, 2010.
- Horstman, Barry M. (1999-06-17). "Barney Kroger: Hard work, marketing savvy won shoppers". The Cincinnati Post (E. W. Scripps Company). Archived from the original on 2005-12-06.
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