George Ludlum Hartford American Business
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George Ludlum Hartford is a member of the following lists: People from Brooklyn, People from Montclair, New Jersey and 1957 deaths.
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Details
| Birthday |
7th November, 1864
|
| Birthplace |
Brooklyn
|
| Died |
23rd September, 1957
|
| Place of Death |
Montclair, New Jersey
|
| Zodiac Sign |
Scorpio
|
| Nationality |
American
|
| Occupation Text |
Great Atlantic and Pacific Tea Company
|
| Occupation |
Business
|
George Ludlum Hartford (November 7, 1864 – September 23, 1957) was the longtime Chairman and Treasurer of the Great Atlantic and Pacific Tea Company (A&P), serving in those positions for over 40 years from 1916 until his death. He was the successor to his father, George Huntington Hartford (1832–1917) and lead the company with his younger brother, John Augustine Hartford (1872–1951).
Under the terms of their father's will, the two brothers had total control of the company's voting stock as long as either was alive. "Mr. George" as he was known to distinguish him from his father, "Mr. Hartford", was considered the "financial genius" at the firm who balanced his brother, "Mr. John" who was the firm's "merchandising power".
They built the chain into the world's largest retailer with annual sales of $4.5 billion in 1957 when George died. Time Magazine interviewed John and his brother George who were on their cover in November 1950. Wall Street Journal in an editorial on August 29, 2011 wrote "Together the brothers, neither of whom had finished high school, built what would be, for 40 years, the largest retail outlet in the world."
The New York Times in an editorial on September 7, 2011 wrote that John and George Hartford "were among the 20th century’s most accomplished and visionary businessmen."
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