Retail | |
Industry | Retail |
Genre | Department Store |
Founded | 1868 |
Founder | Owen Owen |
Defunct | 2007 |
Headquarters | Liverpool, England |
Key people
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Owen Owen |
Owen Owen was a Liverpool-based operator of department stores in the United Kingdom and Canada.
Owen Owen was born on 13 October 1847 at Cwmrhaeadr near Machynlleth at the westernmost tip of Montgomeryshire. His family were hill farmers. Welsh agriculture had prospered during the Napoleonic Wars when imports of food were restricted but, after the war, there was such a severe depression that in 1838 the farm which had been their home for generations had to be mortgaged and the following year sold. Owen Owen was the first child of his father's second wife, but she died after giving birth to six children when Owen Owen was only eight. His mother had a brother, Samuel, who needed help to run his draper's shop in Bath; so Owen Owen went to Bath and his uncle gave him both a home and an education. He was educated at the Wesleyan College, Taunton, and started working at his uncle's shop in 1860.
In 1868, at the age of 20, with some help from Uncle Samuel, Owen Owen opened his own draper's emporium at 121 London Road, Liverpool, close to where his father's brother, Robert, had had a shop at number 93. By 1873 Owen Owen had over 120 employees, many from Wales, and a quarter of an acre of floor space. Owen Owen was interested in his staff's well-being. Besides being the first employer in Liverpool to give staff a half day off each week, he also set up a trust fund for retired employees. In the 1880s he began investing in other enterprises including railways, and in 1889 became director of Evans & Owen Ltd in Bath, the shop started by his uncle. He moved to London in 1891, after marrying, but continued to manage the Liverpool store which became one of the largest stores in the north of England. He also invested in many other stores and estates.
In his private life he was an active supporter of many Welsh organisations. He died of cancer in London on Easter Sunday, 27 March 1910, at the age of 62.
The company effectively remained under family control until 1985.