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A sheet of Blue Chip Stamps. Blue Chip Stamps started as a trading stamps company called "Blue Chip Stamp Company." They were a competitor of S&H Green Stamps. Blue Chip stamps were a loyalty program for customers, similar to discount cards issued by pharmacies and grocery stores in the digital era. A customer making a purchase at a ...
A look back at this transformative deal
Buyers were encouraged to clip out the stamps and collect them (this practice was annoying to future comic collectors, with the price of comics declining if they were cut up for their Value Stamps), [9] with Marvel offering a stamp book by mail for 50 cents; if a person managed to collect all 100 stamps in a book (the 100th Stamp was kept a ...
S&H Green Stamps Booklet covers. S&H Green Stamps was a line of trading stamps popular in the United States from 1896 until the late 1980s. They were distributed as part of a rewards program operated by the Sperry & Hutchinson company (S&H), founded in 1896 by Thomas Sperry and Shelley Byron Hutchinson.
The company provided the capital needed to take the guru's investment career forward
They purchased See's in 1972, and that was when him and Charlie Munger were controlling Blue Chip stamps. It didn't merge into the Berkshire Hathaway that we know today until 1983, really. It ...
It was for a long time 80.1% owned by Blue Chip Stamps, which is now completely and fully owned by Berkshire Hathaway, which is controlled by legendary investor Warren Buffett. Charlie Munger, the vice-chairman of Berkshire Hathaway and Buffett's business partner, was CEO and chairman of Wesco from 1984 to 2011.
A decision was made to abandon Green Shield stamps, saving £20m a year and helping to finance price reductions. [1] In the context of a price war, and higher prices where the stamps were sold, consumers prices were rising to cover costs – and as inflation was high, the value of the stamps was going down. On the high street the main suppliers ...
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