1 The December 26, 2004 Indian Ocean tsunami was caused by an earthquake that is thought to have had the energy of 23,000 Hiroshima-type atomic bombs. 2  The epicenter of the 9.0 magnitude quake was located in the Indian Ocean near the west coast of Sumatra.
The concept of a self-service grocery store was developed by entrepreneur Clarence Saunders and his Piggly Wiggly stores. His first store opened in 1916. Saunders was awarded a number of patents for the ideas he incorporated into his stores. The stores were a financial success and Saunders began to offer franchises.
1960s. 1  1963: The first Consumer Value Store (CVS), selling health and beauty products, was founded in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and Scandinavian American Ralph Hoagland. 2  1964: CVS had 17 stores that sold primarily health and beauty products.