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Page 5 of 6The Internet killed the video stores
In 1979 there were no video stores in Oregon. By 1982 there were 3,000. The home movie rush brought opportunity for independent shopkeepers and boosted at least two major Oregon companies: Rentrak, which tracked rentals for movie companies, and Hollywood Video, which rented them to consumers. Rentrak has since branched into all manners of data tracking, from on-demand video to cable television to box office receipts. Hollywood Video and its owner Movie Gallery, based in Wilsonville, stuck with the same formula for as long as it could hold, filing for bankruptcy in 2009. It remains to be seen how many video stores will survive the ascendance of Red Box and Netflix, but chances are the number will be closer to zero than 3,000.
A woman’s place
In the early days, it was mostly white guys in suits with
receding hairlines. The first 120 issues of Oregon Business featured just four women on the cover. The first to break through was Ann Person, president of Eugene-based Stretch & Sew, in July 1984. An accompanying story titled “Women in Command” noted that just two of the state’s top 100 private businesses and none of the publicly held companies were run by women.
One famous exception was and is Gertrude Boyle, who grew sales at Columbia Sportswear from $650,000 in 1970 to $14 million in 1983 and $1.3 billion in 2008. Other women who have risen to power in today’s more inclusive culture include former PacifiCorp CEO and current Marylhurst University president Judi Johansen, longtime Qwest executive Judith Peppler, U.S. Bank Oregon president Malia Wasson, winery founded Susan Sokol Blosser, Jill Eiland of Intel, Julia Brim-Edwards of Nike and Schnitzer Steel CEO Tamara Lundgren.
Less well known is the story of Person and her Stretch & Sew franchise. An avid crafter in the days before crafts were cool, she sensed a market opportunity in teaching others to sew with knitted fabrics, especially polyester. By the 1970s she had designed her own line of patterns, written her first book and begun licensing franchises across the country. By the 1980s she had more than 100 franchises under license. For years she had her husband serve as president even though it was her company — based on his belief that banks would not lend to a woman running a company. After she divorced her husband she proved him wrong by borrowing $4 million and repaying it on schedule.
Person, now 85, lives on a ranch in Creswell. Her daughter Mindy Moore is president of Stretch & Sew in Tempe, Ariz. Her granddaughter Cory Pfitzer is vice president.
The latest U.S. Census figures show 29.7% of Oregon companies are owned by women; the national rate is 28.7%.
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Produced by the Oregon Business marketing department
When the Portland-based manufacturing company Glass Alchemy, Ltd. was first nominated for an Oregon State University Austin Family Business Excellence in Family Business award in 2004, husband-and-wife team Henry Grimmett and Susan Webb-Grimmett, were honored and optimistic about their chances of winning.
Some employers have embraced the use of employment arbitration agreements as a way to manage and mitigate the rising costs, risks and liabilities associated with employment-related claims. Historically, employment arbitration agreements require employees to present employment-related claims, such as employment discrimination, wrongful discharge, harassment, or claims for wages or compensation to an arbitrator, in lieu of proceeding to court.
Produced by the Oregon Business marketing department
Boly:Welch was founded in 1986 based on a close connection between Diane Boly and Pat Welch. The two had worked together at another recruitment firm and shared certain core values: passion for their work, a sense of humor, a commitment to their community and a desire to create a healthy, nurturing work environment.
Dunn Carney will host its annual Ag Summit on Jan. 10, 2014 at the Holiday Inn in Wilsonville, OR. We are very pleased to welcome Dr. Sherri Noxel, Director of the Austin Family Business Program at Oregon State University College of Business as our Keynote speaker.
The Naa Amerley Palm Education ("NAPE") Foundation recently awarded two more Lane Powell/Lee Nusich Scholarships to deserving students attending institutions of higher learning in Ghana. Including the most recent recipients, a total of 48 scholarships have been awarded to Ghanaian university students since the scholarship foundation started in January 2009.
Unitus Community Credit Union, a Portland-based credit union with more than 80,000 members, has announced the addition of Brian Alfano as Vice President of Member Services. Alfano will provide strategic leadership over Unitus’ member experience to ensure consistency across delivery channels, including branch operations, member support, and products and services.