Sunday, September 11, 2016

Most Successful British Companies Founded by Immigrants: Selfridges


Selfridges was founded by an American immigrant, Harry Gordon Selfridge, with the express intention of changing the standards of retailing in the UK.

After a series of jobs in places such as a bank in Jackson, Michigan and Marshall Field’s in Chicago, Selfridge moved to London and invested £400,000 in his own department store in what was then the unfashionable western end of Oxford Street. The new store opened to the public on 15 March 1909 and Selfridge remained chairman until he retired in 1941.

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