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TODAY IN HISTORY
FIRST KMART DEPARTMENT STORE
May 1, 1962 - USA
May 1, 1962 - USA
The first Kmart department store opens in Garden City, Michigan selling a range of Clothes, shoes, housewares, bedding, furniture, jewelry, beauty products, and electronics. Kmart went through a period of rapid expansion up to the early eighties but from the late 80's due to lack of investment in technology and increased competition from the growing Walmart and Target stores and change in customer tastes sales continued to decline. In 2005 following sales decline Kmart merged with Sears, Roebuck and Company.
CASTRO BANS ELECTIONS
May 1, 1961 - Cuba
May 1, 1961 - Cuba
Castro bans elections in Cuba saying "The revolution has no time for elections." and telling the 10,000's who attended the May Day Celebrations Cuba is a socialist country. He has also stated all Roman Catholic priests would be expelled and all Roman Catholic and private schools would be nationalised.
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The wealth of the nation
by Earth Day, Gaylord Nelson
"...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."
by Thomas Jefferson
"...Our greatest happiness does not depend on the condition of life in which chance has placed us, but is always the result of a good conscience, good health, occupation, and freedom in all just pursuits...."
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Salary
about Steve Jobs
Steve Jobs' annual salary was $1, just enough to keep company health benefits.
about Stolen On New Year's
More vehicles are stolen on New Year's Day than any other holiday throughout the year. (So does that mean thieves are having their last fling before changing their ways or are they trying for a big score to start the New Year?)
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