Greeley Daily Tribune from Greeley, Colorado on October 22, 1969 · Page 62
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Greeley Daily Tribune from Greeley, Colorado · Page 62

Greeley, Colorado
Issue Date:
Wednesday, October 22, 1969
Page 62
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I The H.R. .Gibson-Success Story From Farm Boy to Giant In U.S. Discount Field Behind the success story o. the Gibson's Discount Centers stands one of the most unique men tb come upon the U. S retail scene -- H. II. Gibson Sr., founder and chairman o the board of the 470-store chain Gibson, who often flics into Greoley for a personal inspection of the local store, got rather inauspicious start as an Arkansas farm boy. By the time lie was a mere 10 years of age lie had established a neighbor hood'reputation for trading. It is said that his career really started when he attended a county fair for the purpose of bidding on a pen of 36 Poland China pigs. Buyers An Amuiid When the bidding starlcd, the brash'..youth shouted, "I'll bid two dollars." The other buyers were amused at the lad and refused rto bid against him. The aulcioneer told him to pick out a pig. "I want them all," replied .the youngster. Amid the chuckles of the crowd, young Herb .Gibson walked off with 36 pigs for $72 -- a buy indeed. Four years later, at age 14 he was buying furs for the St. Louis fur company. At 17 he opened a barber shop specializing in boyish-bob haircuts for ladies^ and girls. Within two years he had a chain of four such shops but the depression and the demise of the bob put an end to that. Jn 1932 the strapping 6-2 Gibson ottened a "hole-in-the-wall" wholesale operation in Litlle Hock;, Ark. Two years later he moved his headquarters to Dallas, .Tex., and, over the next two gecades developed a 34- putleti wholesale operation dealing inlmucli the same merchandise Mat the vast chain of Gib son's-.lDiscount Centers carries today, ;. An Idea Forms During the early and mid 1950'4 ; an iden began to form in Gibscfh's mind. If he could sel lo smnll retail stores at whole sale ..prices, why not sell to the general public at Ihe same prices? The way, he figured it, Iff coufd sell a lot more that iway. He could buy in bigger Quantities at lower prices and [sell to the public for less. In i" a typically fast-moving decision, lie firmed the plan anc the next morning began to convert his entire operation in the new .pattern. He invited the public t,o. come in and buy at his wholesale catalogue prices. That was; the beginning of Gibson's Discount Centers and combined all .the advantages of buying directly from the manufacturer with, lower prices to the consum er. The years have not dimmed (lie pace for the 60-year-old 220- pounder. He moves with agility and bounce. In a crowd of friends he back stops, finger pokes and rib jabs. His soft southern draw! is studded with terse, descriptive phrases. He is an avid hunter and out- doorsman and is credited with (lie fifth largest Kodiak bear in Alaska. He once jumped on (lie back of a wild boar and shot him as the animal was attacking a favorite hunting dog. He has hunted rhino, buffalo, lion.'.and panther ;.iid owns a spread near Pagosa Springs, where he hunts Colorado deer and'elk each year. Hi is a Christian and a man vrho£has lent substantial sup- porUo the Church of Christ, as havq a!l five of his sons and . daughters. HEALTH AND BEAUTY AIDS - All types of household needs are found in the huge Gibson health and beauty aids department. Evogene Downing is a key em- ploye, in the department which carries an a v e r a g e annual inventory exceeding $100,000. SOUND EQUIPMENT - The Gibson's phonograph and sound equipment depart- ment is headed by Ron Earhardt. (Greeley store photographs by Larry Stark) COLEMAN SPORTING GOODS MERCHANDISE --· Many name brands, including Coleman, are featured in season in the Gib- son sporting goods department, headed by Dave Lewis. FOOTBALL GAME You are the coach, quarterback and the team captain with football game from Samsonile. Learn official rules and strategy. For ages 10 through adult. JOHNNY LIGHTNING SINGLE DRAG New from Topper ... this Johnny Lightning single drag strip features 12 ft. track, a clamp, couplers, one Johnny Lightning car ... "the car that beats them all." - · . : · · · . · - . · MUSICAL LULLABYE BABY The singing doll from Horsman. She twists, turns, plays a lullabye, drinks and wets . . . and is completely washable. No. 3391 3 Mr. and Mrs. H. li. Gibson visit Orecley In company's executive plane \ Nos. X508. X518, X528 9 The perfect doll accessories. Your choice of a stove.with accessories, refrigerator, or sink with accessories. Constructed of steel. or SINK $177 1 ea.

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