LYCOS RETRIEVER
Charles Butt: Companies
built 180 days ago
After graduating from the Wharton School at the University of Pennsylvania, Charles Butt said he considered a business career outside the family business. "But I got hooked on the excitement of helping shape the company, [and] my dad was good at persuading me to continue in it," he told the newspaper.
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In 1926 Butt discovered a new avenue to growth. Piggly-Wiggly, a grocery store chain that had become well-known in the region by utilizing many of the same tactics that Butt was using, began selling franchises. Butt purchased some of the franchise rights, reasoning that he could successfully combine his views about customer service, as well as his experience with cash-and-carry, with the recognized Piggly-Wiggly name. Butt opened his first Piggly-Wiggly in Del Rio in 1926. The success of that venture led him to open two more stores in 1927 in Brady and Gonzales, purchase three additional Piggly-Wiggly's in 1928, and build two more new outlets in San Benito and Harlingen. After roaring through most of the 1920s, Butt moved the company's headquarters to Harlingen in 1928 to get closer to his Piggly-Wiggly stores.
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Charles C. Butt, the company's current chairman and chief executive officer, was born in 1938, and began working in the stores at age 8. By the time he was 12, Butt said he was working every Friday afternoon and Saturday. "That's just what was expected of me," he told the Fort Worth newspaper.
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Perhaps the wealthiest and most powerful Butts in the world are the celebrated Butt clan of San Antonio, Texas. Pioneering grocer C.C. Butt opened his first store in Kerrville, TX in 1905. His son Howard later incorporated as the H.E. Butt Grocery Company, and began building a central Texas food retailing dynasty.
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Charles C. Butt, 70, chairman and CEO of H. E. Butt Grocery Company, runs one of the largest privately held companies in the U.S. It has been family owned and operated since 1905, when grandmother Florence opened the C.C. Butt Grocery Store in Kerrville, Texas, with a $60 investment.
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DALLAS, Sept. 1 /PRNewswire/ -- Friends of Texas Public Schools has named Charles Butt, Chairman and CEO of H.E. Butt Grocery Company, the first recipient of its Texas Public Schools Friend of the Year Award for his tireless commitment to, and support of, public education in Texas.
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