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Trader Distribution Services Llc history
Trader Distribution Services Llc company history timeline
Ken Smith and Dean O. founded Southwest Traders on January 5, 1977 in Leucadia, California, as a one-van operation.
To try to remain competitive, Southwest Traders expanded its product line by adding dry and frozen goods in 1983.
Expressz was established in 1984 and offered a similar range in its classified ads.
In 1986, Ken Smith purchased land to build a new facility in Temecula, California.
In 1989 the company acquired Winnipeg Buy and Sell and Winnipeg Auto Trader.
This specialist monthly magazine for classified boat ads was founded in 1979. It made its first European acquisition in 1990, when it acquired the French publication La Centrale.
In 1993 Hebdo Mag acquired a 50 percent share of a new start-up French publication, J'Annonce.
1995: Hebdo Mag acquires the Trader and Traders' Post in the United States.
In October 1997 CUC International, a consumer marketing company, acquired ownership of Hebdo for $440 million in stock and the assumption of about $200 million in debt.
CUC International subsequently merged with hotel franchiser HFS Inc. in December 1997 to form Cendant Corporation.
From the start, listings in J'Annonce were available online through the French Minitel network, and an Internet version was launched in 1997.
The sale was completed in December 1998.
1998: French investment firm CGIP purchases a 30 percent equity interest in Hebdo Mag.
In 1999 Hebdo made two acquisitions in South America.
For 1999, the company reported revenue of EUR 283.3 million, an operating loss of EUR 17.7 million, and a net loss of EUR 72.1 million.
In 2000 it went public and changed its name to Trader.com.
With some 400 employees, the Trading Post Group generated revenue of EUR 25.7 million in 2000.
Other developments in 2001 included the acquisition of L'Erbavoglio in Switzerland and Trajin in Spain.
In 2001, the company started construction on a 70,000 square-foot warehouse expansion, double their current space.
In October 2002 the company acquired Mai Hirdetés, a free ad, paid circulation title with national coverage that had been in business for about ten years.
In December 2002 the company announced that it would delist its stock from NASDAQ to concentrate on the Paris Bourse Premier Marché, which had always been the primary trading market for the company's stock.
By 2004, Southwest Traders expanded operations to Houston and Dallas, Texas.
Finally, the Fresno distribution center opened in 2008.
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Trader Distribution Services Llc may also be known as or be related to TRADER DISTRIBUTION SERVICES and Trader Distribution Services Llc.