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You likely have heard of the three primary US stock indices, the Dow Jones Industrial Average, the S&P500 and the Nasdaq, but many people don't have a clear understanding of which they should be following, and when. Nathan discusses the differences between the Big Three, and why each one is uniquely important to the overall market. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of how Clarence Saunders, founder of the Piggly Wiggly grocery chain, attempted to corner the stock market in the early 1900s. Host: Nathan Beauvais CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 3/26/2025; Original Air Date: 9/8/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
Shop Talk explores advice from Ariana Huffington who suggests one thing we can all do to fall asleep easier. Caught My Eye reveals that megastar, Taylor Swift, has gifted $55 million in bonuses to her entire tour staff last week. Also, John notices a group of girls carrying their American Dolls in what looked like pink coffins on their backs! Clarence Saunders is our Business Birthday this week. Saunders is the father of the self-serve grocery Piggly Wiggly and a couple of other automated shopping models.We're all business. Except when we're not.Apple Podcasts: apple.co/1WwDBrCSpotify: spoti.fi/2pC19B1iHeart Radio: bit.ly/2n0Z7H1Tunein: bit.ly/1SE3NMbStitcher: bit.ly/1N97ZquGoogle Podcasts: bit.ly/1pQTcVWPandora: pdora.co/2pEfctjYouTube: bit.ly/1spAF5aAlso follow Tim and John on:Facebook: www.facebook.com/focusgroupradioTwitter: www.twitter.com/focusgroupradioInstagram: www.instagram.com/focusgroupradio
On this episode of Our American Stories, grabbing a basket while grocery shopping may seem second nature today, but the idea was once groundbreaking. And that was far from the only thing that changed when Piggly Wiggly—the first modern American supermarket—opened over 100 years ago. Mike Freeman is the author of Clarence Saunders & the Founding of Piggly Wiggly: The Rise and Fall of a Memphis Maverick. Support the show (https://www.ouramericanstories.com/donate)See omnystudio.com/listener for privacy information.
On this episode of Our American Stories, Clarence Saunders revolutionized the way people shopped. He developed “self-service” grocery shopping in his Piggly Wiggly stores at a time when store assistants usually collected products for their customers. By introducing checkouts, clearly priced goods, and itemized receipts, he set the foundations for the supermarkets of today. Mike Freeman is the author of Clarence Saunders & the Founding of Piggly Wiggly: The Rise and Fall of a Memphis Maverick. Support the show (https://www.ouramericanstories.com/donate)See omnystudio.com/listener for privacy information.
Steve and Nathan cover some topics for tax filers, including the downside of receiving a big tax refund, who should and shouldn't prepare their own taxes, and W-2 vs 1099 employees. Also, our MoneyTalk Moment in Financial History tells the cautionary tale of a small town southern grocer who took on the Wall Street elites to his own peril: the story of Clarence Saunders and Piggly Wiggly.Hosts: Steven Beauvais & Nathan Beauvais, EA, CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 3/8/2023See omnystudio.com/listener for privacy information.
In the fifth of our historical series, Jonathan tells the story of Clarence Saunders - grocer extraordinaire, entrepreneur and valiant battler against the soulless money-makers of Wall Street - and how he attempted the last great corner on the New York Stock Exchange.Presented by Jonathan Ford and Neil Collins.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.
On this episode of Our American Stories, grabbing a basket while grocery shopping may seem second nature today, but the idea was once groundbreaking. And that was far from the only thing that changed when Piggly Wiggly—the first modern American supermarket—opened over 100 years ago. Mike Freeman is the author of Clarence Saunders & the Founding of Piggly Wiggly: The Rise and Fall of a Memphis Maverick. Support the show (https://www.ouramericanstories.com/donate)See omnystudio.com/listener for privacy information.
Welcome to the Instant Trivia podcast episode 635, where we ask the best trivia on the Internet. Round 1. Category: Here Pig 1: It's not good when you "let the cat out of the bag" when you were expecting a "pig in" this. a poke. 2: In April 1961 a CIA-trained force of Cuban exiles landed here in Cuba. the Bay of Pigs. 3: As these smell like male pigs, sows are used in the forests of France to root them out. truffles. 4: In the 2nd century Galen used pigs to show veins carried blood, not this as many believed. air. 5: In 1916 Clarence Saunders founded this grocery chain in Memphis. Piggly Wiggly. Round 2. Category: Silent "P" 1: I'm somehow sensing you'll know this word for a medium, from the Greek for "of the soul". psychic. 2: An extinct flying reptile from the Cretaceous Period, it had a wingspan of about 25 feet. a pteranodon. 3: 11-letter term describing the era of Jimi Hendrix and Timothy Leary. psychedelic (psychedelia accepted). 4: Any of several grouses of the genus Lagopus, having feathered feet. a ptarmigan. 5: Also called parrot fever, it can be contracted by handling sick parrots, pigeons or poultry. psittacosis. Round 3. Category: Fun With Dick Or Jane 1: For an astounding 3 decades, he youthfully hosted "American Bandstand". Dick Clark. 2: Traditionally, this name is given to a woman whose identity is unknown during legal proceedings. Jane Doe. 3: In 1990 Warren Beatty took on the role of this hawk-nosed, jut-jawed crime crusader. Dick Tracy. 4: (Former Jeopardy! college contestant, Maggie Bandur, who's now a writer on Malcolm in the Middle, delivers the clue.) On an episode of mine, Malcolm's mother, played by this actress, has to go to the funeral of an aunt she hated. Jane Kaczmarek. 5: In 1553 this monarch was a true "Nine Days' Wonder". Lady Jane Grey. Round 4. Category: Works Of Art 1: An 1880 statue of a naked man with his arm on his knee and his chin resting on his hand. The Thinker. 2: An 1871 painting of an old woman in a long black dress, sitting in a chair. Whistler's Mother. 3: A statue of the Madonna with the dead Christ in her arms. Pietà. 4: A 1920 painting of a grim-faced couple with a pitchfork, standing in front of a farmhouse. American Gothic. 5: An 1889 painting of a sky of blue and yellow swirling over a small village. Starry Night. Round 5. Category: We're No Angels 1: Before becoming a Bronco, Jake "The Snake" Plummer played for this university's Sun Devils. Arizona State. 2: Appropriately, this NHL team's mascot lists "Devil Inside" by INXS as one of his favorite songs. the New Jersey Devils. 3: New owner Stu Sternberg vowed to change this MLB nickname by '07; no word whether "Manta" is in the running. the Devil Rays. 4: David Beckham played for this posh British football club that features a little red devil on its logo. Manchester (United). 5: A Wake Forest win in its 1923 football season led a writer to term the team this 2-word name due to "devilish" play. the Demon Deacons. Thanks for listening! Come back tomorrow for more exciting trivia! Special thanks to https://blog.feedspot.com/trivia_podcasts/
In 1916, Clarence Saunders boasted to the Commercial Appeal, “Piggly Wiggly will be born not with a silver spoon in his mouth, but with a workshirt on his back.” This scrappy attitude probably appealed to President Charles Diehl who worked just as tirelessly to birth a college in Memphis. In honor of Rhodes History Day, celebrating the anniversary of the first day of classes in Memphis on September 24, 1925, this episode explores the role the founder of the world's first self-service grocery store played in the college's move to Memphis. This episode is hosted by Maggie Kreis and Kenan Padgett. Editing by Sarah Monroe. Music for this episode is performed by Professor Tom Bryant.
On this day in 1916, entrepreneur Clarence Saunders opened the Piggly Wiggly, the first self-service grocery store in the United States.See omnystudio.com/listener for privacy information.
Welcome to episode 45 of the official podcast of Your Unofficial Boys. Every week we review beers, talk sports and discuss funny current events. Please like and Subscribe! Episode Guide: Beers of the Week CucaMelon By Gizmo BrewWorks (Raleigh, NC) - 3.75 Oktoberfest by Breckenridge Brewery (Breckenridge, CO) - Rating: 4.25 Fact of the Week: Did you know the giant heads of the Eastern Island have bodies Your lips are produced from the same skin as your anus Ear wax is actually a type of sweat The butt plug (rectal dilator) was invented to cure headaches This Week in History World War II starts when Germany invades Poland by attacking the Free City of Danzig. The flag of the United States flew in the battle for the 1st time at Cooch's Bridge, Delaware, a skirmish during the American Revolutionary War. Steve Irwin Died. 1st true supermarket, the "Piggly Wiggly" is opened by Clarence Saunders in Memphis, Tennessee. "Uncle Sam" 1st used to refer to the US, by Troy Post of New York. Your Unofficial News Man paddles 38 miles down the Missouri River in a hollowed-out pumpkin. Close to a decade after a catfishing incident with a former NFL player. Vegan mom gets life in prison for the starvation death of a son Mississippi chiropractor charged with selling fentanyl. Unofficial Fanzone Washington Commanders RB Brian Robinson hospitalized after a car-jacking attempt and left with non-life-threatening injuries after being shot. NC State ranked 13th in the country LOOK OUT. MLB Records Unofficial Thoughts Please go follow us on our social media and subscribe to our podcast on Spotify, Apple Podcast and Google Podcast. Also check out our website www.yourunofficialboys.com. --- Send in a voice message: https://anchor.fm/your-unofficial-boys/message Support this podcast: https://anchor.fm/your-unofficial-boys/support
On this episode of Our American Stories, meet Ron Brown, a man who grew up in a rough area of Chicago, was practically abandoned by his father, and would mend their relationship later on in life. Clarence Saunders developed “self-service” grocery shopping in his Piggly Wiggly stores at a time when store assistants usually collected products for their customers. By introducing checkouts, clearly priced goods, and itemized receipts, he set the foundations for the supermarkets of today. Support the show (https://www.ouramericanstories.com/donate) Time Codes: 00:00 - Reconnecting With My Absent Father Who Was Presumed Dead 23:00 - A Store Named "Piggly Wiggly" Created the Modern SupermarketSee omnystudio.com/listener for privacy information.
On this episode of Our American Stories, regular contributor, Anne Clare, tells the story of a unique aircraft carrier, the USS Lexington. Tom Zoellner purchased a diamond engagement ring and proposed. His girlfriend said, "yes" and then, suddenly, walked out of his life making Tom the owner of a used engagement ring. Instead of hitting the self-help shelves of his local bookstore, he hit the road to discover the true worth of this shining gem and then wrote The Heartless Stone. Mike Freeman, author of Clarence Saunders & the Founding of Piggly Wiggly: The Rise and Fall of a Memphis Maverick, tells us how Clarence Saunders revolutionized the way people shopped by developing “self-service” grocery shopping. Support the show (https://www.ouramericanstories.com/donate) Time Codes: 00:00 - The USS Lexington, The Naval Juggernaut 10:00 - The Shocking Story Behind the Diamond Engagement Ring 23:00 - How Piggly Wiggly Created the Modern Supermarket See omnystudio.com/listener for privacy information.
Patrik Wahlén is the Co-Founder and Chairman of the Swedish industrial group Volati. We have the pleasure to discuss one of his favorite books, featuring several timeless Wall Street stories. Besides the lessons from John Brooks and the stock market, we talk about how to build a lasting serial acquirer and what you can learn from English soccer clubs.The episode was recorded on December 20, 2021. For more info about the podcast, go to the episode page.—————————————Episode ChaptersPart 1: Lessons from Business Adventures(00:00) Intro to Patrik Wahlén and ”Business Adventures”(01:56) Buffett's AMEX investment and risks (04:13) Lessons from the first flash crash (05:43) Patrik's most common biases(06:25) Big bets: Ford's Edsel failure(09:44) Diversification and philanthropy: Xerox(12:51) Overconfidence and frugality: Clarence Saunders (15:34) Finding your passion: David Lilienthal Part 2: Building a Lasting Serial Acquirer(16:27) Patrik Wahlén and Volati(17:57) Building a lasting serial acquirer(28:10) Lessons from soccer(30:54) Book recommendations—————————————Books MentionedBusiness Adventures - John Brooks (1969)Confusion of Confusions - Joseph de la Vega (1688)Expectations Investing - Michael Mauboussin & Alfred Rappaport (2021)The House of Morgan - Ron Chernow (1990)All books by Peter Bevelin—————————————Companies Mentioned (in order of its first appearance)VolatiAmerican ExpressFordXeroxPiggly WigglyTornum (part of Volati)Assa AbloyNibeSalix (part of Volati)—————————————More on Patrik WahlénTwitter: https://twitter.com/PGWahlenVolati: https://www.volati.se/en/about-volati.aspx—————————————What is Investing by the Books?Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis. Visit the website: http://www.investingbythebooks.com/Follow on Twitter: https://twitter.com/Investbythebook—————————————What is Redeye?Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality. Visit the website: https://www.redeye.se/Follow on Twitter: https://twitter.com/Redeye_—————————————DisclaimerNotice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se
On this episode of Our American Stories, Steve Thomas, Oxford, Mississippi's local magician and balloon artist, shares his story with us and Clarence Saunders revolutionized the way people shopped by introducing checkouts, clearly priced goods, and itemized receipts. Support the show (https://www.ouramericanstories.com/donate) Time Codes: 00:00 - Magic Side Show Becomes Full-Time Job 23:00 - How Piggly Wiggly Created the Modern Supermarket Learn more about your ad-choices at https://www.iheartpodcastnetwork.com See omnystudio.com/listener for privacy information.
Matthew 22:36-40 We follow the story of the life of Clarence Saunders to illustrate a simple command--Love God and love your neighbor as yourself.
Clarence Saunders opened the world's first self-service supermarket, ‘Piggly Wiggly', in Memphis, Tennessee on 6th September, 1916.Calculating that the revenues gained through impulse purchases would outweigh those lost from shoplifting, Saunders' concept forever changed the world of shopping for groceries - but his business acumen did not last.In this episode, Arion, Rebecca and Olly review Saunders' promotional hustles; weigh up the items in a shopping basket of the era; and reveal how ‘Piggly Wiggly' (almost certainly) gained its distinctive name...Further Reading:• ‘The Untold Truth Of Piggly Wiggly' (Mashed, 2021):https://www.mashed.com/426197/the-untold-truth-of-piggly-wiggly/• ‘America's First Supermarket at 100: How It Changed the World' (Time, 2016): https://time.com/4480303/supermarkets-history/• ‘Piggly Wiggly, the first true grocery store - Life in America' (Recollection Road, 2021): https://www.youtube.com/watch?v=lVvgAd_5vpoFor bonus material and to support the show, visit Patreon.com/RetrospectorsWe'll be back tomorrow! Follow us wherever you get your podcasts: podfollow.com/RetrospectorsThe Retrospectors are Olly Mann, Rebecca Messina & Arion McNicoll, with Matt Hill.Theme Music: Pass The Peas. Announcer: Bob Ravelli. Graphic Design: Terry Saunders. Edit Producer: Emma Corsham.Copyright: Rethink Audio / Olly Mann 2021. See acast.com/privacy for privacy and opt-out information.
Spôsom, akým ľudia nakupujú tovary, sa vyvíjal pomerne pomaly. V 16. Storočí tovary prešli vo väčšine prípadov iba menšie vzdialenosti - napríklad obilniny 8 až 16, vlna asi 30 až 60, mäso okolo stovky kilometrov. Prvé stále obchody, nahrádzajúce tradičné trhy, s pravidelnými otváracími hodinami sa v Európe začali objavovať koncom 16 a začiatkom 17 storočia. Išlo však o viac osobný predaj, kedy obchodníci svojich klientov poznali určite lepšie, ako je tomu dnes. Pretočíme o niekoľko storočí dopredu, konkrétne k dátumu 6. September 1916. Až vtedy vznikla vôbec prvá samoobsluha na svete, v americkom Memphise v štáte Tennessee. Obchodník Clarence Saunders otvoril svoje Piggly Wiggly a to aj napriek počiatočnému skepticizmu. Vo vojnou zmietanej Európe sme si na samoobsluhy museli logicky pár rokov počkať, napríklad vo Francúzsku otvorili prvú až v roku 1948. V Československu to bolo 1. júna 1955. O predajni na Husitskej ulici na pražskom Žižkove vyšiel článok vo Večernej Prahe. Dala sa v ňom nájsť aj mapa, ktorá čitateľom ukázala, ako sa v obchode pohybovať a kde čo nájsť. Dnes je situácia celkom iná. Drony, obchody bez pokladníc, roboty, maloobchod sa modernizuje. Ako? Odpovedá redaktorka ekonomickej redakcie denníka SME Daniela Hajčáková. Index je týždenný podcast denníka SME s moderátormi Nikolou Bajánovou a Adamom Valčekom.
In this episode of Memphis Type History: The Podcast, Rebecca meets with Caroline Mitchell Carrico at the Pink Palace to learn the insane story of the man who started Piggly Wiggly and the concept of grocery stores as we know them today. Hear how he lost it all in a gamble and then started the brilliant process back over. Caroline Mitchell Carrico is the Supervisor of Exhibits and Graphic Services at the Memphis Pink Palace Museum. That means she researches and writes for the exhibits at the museum and also has a hand at the designs and installations of the exhibits as well. The massive project they have been working on is a complete redesign of the Pink Palace mansion. She’s been working on it for about 3 years now. You'll hear a little bit about what we can expect to find in the new layout. Clarence Saunders, The Idea Man Caroline gives a bit of Clarence Saunders job history. One of his first jobs was at a country store. You could buy anything you want to there. That’s where his start was and then through a series of job transitions, he landed as a Wholesale Drummer in Memphis. That’s the person who would go to all the different country stores and drum up business. He would convince the store owners to buy things and talk to them about how to improve their sales and improve their products. He developed enough ideas to decide he wanted to start up his own store. Carolynn talks about how he got together with a group of other store owners and started the United Stores company in town, where they did bulk purchasing. And she also talks about how the old country stores ran during this time. The Birth of Piggly Wiggly Clarence decided his store would be a cash-only store, and it would be a self-service grocery store. He set up the store so that you had to walk through the entire store through a serpentine path so you had to walk through every item. At first, people had to rent a shopping basket but then he quickly changed that so you could just borrow the shopping basket at the front and then the only time you interacted with the staff was at the end of the store when you were paying. At the time, a lot of grocery stores let you order your items and they would deliver it to you. But Clarence did away with that. People bought their items and took it home with them. The store we’re talking about is Piggly Wiggly and Clarence Saunders made sure to patent the self service design. He actually got numerous patents, such as the store fixtures. There were arguments that there were already other self service style stores but Clarence was the first person to franchise it and turn it into a really big model that fundamentally changed the way that we shop. Carolyn says Clarence Saunders did his own advertising as well and it was quite the advertisement. Here's an ad she provided for our reading enjoyment. His store also essentially changed advertising for products as well because if people were now passing through goods and deciding which products to buy, businesses would need to make sure their product stood out from the others. So Why the Name Piggly Wiggly? One story is he was on a train and saw a bunch of pigs wiggling to get under a fence. Another story is during time he opened the store there was syndicated stories that ran in the newspaper called Uncle Wiggly’s bedtime tales and people speculate that it may have come from that. It’s also possible that he just completely made up a funny name to be memorable but also possibly so to easily find people who were infringing on his copyright. He sued Hogglety Wogglety stores in Missouri and won because it was similar to his concept and name. But Then He Lost it All Saunders was the President of the corporation and he with the board of directors decided to list Piggly Wiggly stock at the New York Stock Exchange to raise capital. You'll have to listen to the episode to get the 101 on the stock market and how a sneaky plan backfired on Saunders, causing him to lose the company. Did We Mention The Pink Palace Was Intended To Be His Mansion? While the whole stock market incident happened, his mansion was still getting built (The Pink Palace). When he lost everything, the inside of the mansion wasn’t complete and he couldn’t live in it. He declared bankruptcy and lost the mansion and the estate which included Chickasaw Gardens and the Memphis lake. The plans for the Pink Palace was for it to be a millionaires playground. It was going to have a bowling alley, an indoor swimming pool, a Roman atrium, ballroom, a trout stream, a ridiculous amount of bedrooms. And as fascinating as this estate is, history also tells us that he cleared people off of this land so he could have it. Families were living on the property when he purchased it and they were forced to move and their houses were burnt to clear the land. What ended up happening is the Garden Development Corporation from Kentucky purchased the land and mansion at the bankruptcy auction, they subdivided the neighborhood and created Chickasaw Gardens. At the time this was just outside the city. However, they didn’t know what to do with the mansion. They gave the property to the city with the expectation that it would become either a museum or art gallery or art conservancy and they wrote into the contract that it would only be for caucasian race because you know.. this was 1920. At the time there was already the Brooks Art Museum, The James Lee Art Academy was up and strong as an art conservancy, what the city didn’t have was a natural History museum. So they decided to turn the Pink Palace into the city’s Cultural and Natural History Museum. And by the way, make sure to listen to the episode to hear additional fun facts about the mansion, such as how Clarence had a different name for it, its beginning days as a museum, and who the actual first people were to live inside it. Clarence Saunders Stores was the name of his second grocery store. And then he was sued by Piggly Wiggly because they said his name was synonymous with Piggly Wiggly. The corporation lost the lawsuit and Saunders kept the rights to his name. So he named it Clarence Saunders Sole Owner of My Name Stores. Clarence started building a second millionaire's playground further out East. It’s where the Lighterman Nature Center is today. Caroline thinks he called it Woodlawn. The guy was an avid golf player and built another golf course which was the longest golf course in the world at that time. He had built another lake and another house but this time he lost his business to the great depression and sold his estate to Bill Terry, the famous baseball player and manager for the Giants. Things Are Better In Threes Clarence started a third grocery store and named it Keedoozle. It stood for "Key Does it All." The concept was to make it an automated grocery store where you would go in and take your key (the big metal box-like thing) and you would stick it in the drawers of the items you wanted for it to punch your key and then you’d take your key to the check out line where a machine would read your key and a conveyor belt system would bring your items out. The idea was to not have to carry anything until the end. Unfortunately it had lots of problems since it was a bit ahead of its time. For full show notes, visit memphistypehistory.com/saunders
After we finished our pilot on the history of the supermarket we realized that Clarence Saunders, the man who created Piggly Wiggly, deserved more attention. Every time we shop Saunders innovations are at play. But more than that, he was a self-made man who crashed and burned not once, not twice but three times. Brash and charismatic, he died in the 1950s while trying to develop a computer automated supermarket he wanted to call FoodElectric. We think that you too will be wondering why hasn't anyone made a movie about this guy yet. .
Matt and Jeremy interview Mike freeman about the man who made grocery stores what they are today.
Wir springen wieder 100 Jahre zurück und beschäftigen uns diesmal mit den ersten Selbstbedienungssupermärkten der Welt. Der Lebensmittelhändler Clarence Saunders eröffnete 1916 in Memphis, Tennessee, ein kleines Geschäft unter dem Namen Piggly Wiggly. Er stellte seinen Kunden als erster Einkaufskörbe zur Verfügung und etablierte eine Technik, die uns heute selbstverständlich erscheint: Drehkreuze bzw. Vereinzelungsanlagen.
Un entrepreneur Américain Clarence Saunders a eu l'idée de développer le concept d'une épicerie self-service à Memphis Tennessee en 1916, sous le nom de Piggly Wiggly.