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Economics & Business

Thomas G. Stemberg

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Who

Thomas G. Stemberg · Economics & Business

What

Founded Staples with Leo Kahn in 1986 and invented the office-supply superstore; the first store opened in Brighton, Massachusetts.

When

18 January 1949, Newark, New Jersey, USA — 23 October 2015, Boston, Massachusetts, USA

Where

Boston, Massachusetts, USA

Founded
StaplesStaples1986
Biography

Thomas G. Stemberg is recognized among Jewish contributors to Economics & Business — Founded Staples with Leo Kahn in 1986 and invented the office-supply superstore; the first store opened in Brighton, Massachusetts.

How & why

Thomas George Stemberg was born in Newark to a Jewish father and a Catholic mother — his route into this directory is descent, and the card says so. The idea for Staples came from a broken typewriter ribbon on a holiday weekend, when he found every supplier shut and realised small businesses paid far more for supplies than large ones did. With Leo Kahn he opened the first Staples in Brighton, Massachusetts, on 1 May 1986, and invented the office-supply superstore; the chain reached the Fortune 500 within ten years. He later became a venture capitalist and was an early backer of Zipcar and of Carter's.

Sources & external links

Verify and go deeper with these external references.

Source: https://en.wikipedia.org/wiki/Thomas_G._Stemberg

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Contributions & Sources

Founded Staples with Leo Kahn in 1986 and invented the office-supply superstore; the first store opened in Brighton, Massachusetts.

1986

Source: https://en.wikipedia.org/wiki/Thomas_G._Stemberg