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Sol A. Shenk led a very fruitful life. His auto parts wholesale shop in 1967 had transformed into a $1 billion business by the time of his death in 1994. Today, that business is an empire approaching the 1,500-store threshold in the U.S. and Canada.
Sol A. Shenk. Sol, a Russian immigrant to the United States, started a business in 1967 selling closeout and overstock car parts. The business, Consolidated Stores, took off when Sol switched to household goods.
- Dave Tavres
Sep 1, 1994 · Sol A. Shenk, who built a single surplus outlet in Columbus, Ohio, into the Consolidated Stores Corporation, an empire with more than 700 stores and annual sales of $1.1 billion, died...
Apr 21, 2024 · The story of Big Lots begins with its founder, Sol Shenk, a visionary entrepreneur who recognized the potential of the closeout retail market.
Jun 20, 2017 · A father’s sacrifice pays off. Andre recently stopped by The ILC to help a friend register for class and tell us what he’s been up to since he left us in 2012. In honor of the recent Father’s Day holiday, I’m sharing his story with you.
Sol Shenk with the last De Lorean built. By mid-November, Shenk struck a deal, beating out the offer made by John DeLorean’s brother, Charles. Shenk would pay the company $1.5 million and assume another $8.7 million in debt and in turn receive $1.2 million worth of parts, the exclusive U.S. distribution rights for cars and parts, and $17.5 ...
