A Los Angeles hardware chain run by Marcus and Blank before Home Depot.
Acquired · Sep 13Marcus ran it as CEO from 1972 and its best stores did about $3 million in sales. Ken Langone bought almost 20% of it at $3 to $9 a share, then sold at $25.50 in 1978. Three months later Marcus and Blank were fired, and it went out of business after Home Depot passed Lowe's in 1989.
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