Wednesday, January 18, 2012

Spell It Out: 16 Abbreviated Company Names Explained

Spell It Out: 16 Abbreviated Company Names Explained 

by Ethan Trex - May 6, 2010 - 11:36 AM  {VIA - mental_floss}
Dozens of companies use acronyms or initials in their names, but how well do you know what the abbreviated letters 
mean? Let’s take a look at the etymologies behind a few abbreviated company names.

1. CVS

Sorry, drugstore fans, there aren’t three fatcat pharmacists with these initials running around out there. When the pharmacy chain was founded in Lowell, MA in 1963, it was known as “Consumer Value Stores.” Over time the name became abbreviated to simply CVS.

2. K-Mart

Longtime five-and-dime mogul Sebastian S. Kresge opened his first larger store in Garden City, Michigan, in 1962. The store was named K-Mart after him. (Kresge had earned the right to have a store named for him; he opened up his new venture at the tender age of 94.)
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