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Thrifty Retail Services LLC history
Thrifty Retail Services LLC company history timeline
They opened Borun Brothers, a wholesale drug company, downtown on Los Angeles Street, around 1919.
His father Harry and uncle Robert founded Thrifty Drug Stores in 1929, and the stores quickly became known for their delicious ice cream.
By 1945, half of all Meijer team members are women.
Thrifty Rent-A-Car System, Inc.: 1958-97
Thrifty was founded in 1958.
The Grand Rapids, MI-based retailer will celebrate that historical event that occurred on June 6, 1962.
In 1962 Meijer opened its first Thrifty Acres, a food and general merchandise store that allowed customers to shop for everything they needed in just one trip.
Dollar Rent A Car Systems, Inc.: 1965-97
Grand Rapids area Meijer stores are now open on Sunday, followed by all stores throughout the retail chain in 1976.
In 1989 Chrysler formed the Pentastar Transportation Group, Inc. to operate its rental-car subsidiaries, which included General Rent-a-Car and Snappy Car Rental, Inc.
Data from publicly held United States car-rental companies and DTAG's experience indicated that until 1995 their industry had not kept pace with rising fleet costs.
According to Dave Phillips's story in the April 14, 1996 issue of the Detroit News, the automakers soon built and sold almost everything.
On December 23, 1997 DTAG completed its initial public offering (IPO). The company was traded on the New York Stock Exchange under the ticker symbol DTG.
As of year-end 1997, Thrifty's car-rental system comprised 636 United States and Canadian rental locations, of which 600 were franchised locations and 36 were company-owned stores.
In 1997 that center processed more than 4.4 million telephone calls and 1.6 million reservations.
Dollar had operated under the name of EuroDollar in Europe, Africa, and the Middle East; however, the alliance with Europcar, effective February 1, 1998, ended the EuroDollar relationship and enabled travelers wanting to reserve rental cars in these countries to contact Dollar for Europcar rentals.
Without sacrificing the separate operating and brand identities of Dollar and Thrifty, DTAG planned to continue making investments in reservation, tour, and other information system improvements during 1998.
The Champaign Meijer marks the retailer's entrace into Illinois; later enters the Chicago market in 1999 with the opening of the Bolingbrook store.
In 2003 Thrifty White Pharmacy opened it's first telepharmacy site.
In November 2012, Hertz Global Holdings, Inc. (NYSE: HTZ) acquired Dollar Thrifty Automotive Group, Inc.
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