Hugo Mann
Encyclopedia
Hugo Mann was a German
businessman.
He was born in Laupheim
. As a youth, Hugo Mann worked at his grandfather's shop in Karlsruhe
where he started his own furniture business in 1938.
In 1950, Mann opened a larger store that turned out to be the key to his success. During the sixties, chain stores sprouted up across Germany. The brand Mann Mobilia for discount quality furniture was established in 1970.
Mann had started another business in 1958, the Wertkauf food store chains. Mann bought FedMart
, a chain of department stores in the United States, in 1975. In 1989, Hugo Mann retired and handed the business over to his son Johannes. Wertkauf was sold to Wal-Mart
in 1997. The Austrian Lutz
group bought Mann Mobilia in 2005.
Germans
The Germans are a Germanic ethnic group native to Central Europe. The English term Germans has referred to the German-speaking population of the Holy Roman Empire since the Late Middle Ages....
businessman.
He was born in Laupheim
Laupheim
Laupheim is a city in southern Germany in the state of Baden Württemberg. Laupheim was first mentioned in 778 and gained its city rights in 1869. One of the main trading routes, from Ulm to Ravensburg and then on towards Lake Constance ran through Laupheim...
. As a youth, Hugo Mann worked at his grandfather's shop in Karlsruhe
Karlsruhe
The City of Karlsruhe is a city in the southwest of Germany, in the state of Baden-Württemberg, located near the French-German border.Karlsruhe was founded in 1715 as Karlsruhe Palace, when Germany was a series of principalities and city states...
where he started his own furniture business in 1938.
In 1950, Mann opened a larger store that turned out to be the key to his success. During the sixties, chain stores sprouted up across Germany. The brand Mann Mobilia for discount quality furniture was established in 1970.
Mann had started another business in 1958, the Wertkauf food store chains. Mann bought FedMart
FedMart
FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. His first location in San Diego, California was in a converted airport hangar. It was originally a discount department store open to government employees, who paid a membership fee of $2 per...
, a chain of department stores in the United States, in 1975. In 1989, Hugo Mann retired and handed the business over to his son Johannes. Wertkauf was sold to Wal-Mart
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
in 1997. The Austrian Lutz
Lutz
Lutz is a short form of Ludwig and may refer to:-People with the surname Lutz:*Adolfo Lutz, Brazilian physician*Alois Lutz, Austrian figure skater, for whom the Lutz jump is named*Al Lutz, American internet journalist...
group bought Mann Mobilia in 2005.