Home of Economy

Last updated
Home of Economy
Company type
Industry Retail
Founded1939 by M.W. "Bob" Kiesau and Jean Kiesau
Headquarters Grand Forks, North Dakota, USA
Number of locations
8
ProductsAmish furniture, clothing, footwear, farm equipment, automotive parts, sporting goods, housewares, lawn & garden supplies, hunting & fishing equipment, toys.
Website homeofeconomy.net

Home of Economy is a chain of retail stores with eight locations in North Dakota: Grand Forks, Grafton, Devils Lake, Minot, Williston, Jamestown, Watford City and Rugby. Home of Economy sells a variety of goods: clothing, work wear, home furniture, housewares, automotive goods, tools, farm supplies, hardware, lawn and garden supplies, paint, pet supplies, hunting and fishing equipment, and sporting goods.

Contents

History

Founded in 1939 in Thief River Falls, Minnesota by Bob Kiesau and his wife, Jean, Home of Economy was originally an auto parts wholesale business. In February 1940, Bob started a store in Grand Forks, North Dakota, recapping used tires at night and selling them during the day. In the years since, Home of Economy has grown to include stores in other North Dakota cities, including Grafton, Devils Lake, Minot, Williston, Watford City, Jamestown and Rugby.

Home of Economy is considered by many to be the first discount store. Prior to Home of Economy's discount program, free-trade laws required retailers to sell at high, fixed prices, and only fleet operators with five or more machines could receive discounts. In 1950, Bob Kiesau sent his employees to every county seat in the trade area to copy names and addresses of each taxpayer who had listed three or more tractors or combines. He assumed each farmer would have at least one car and one truck that would not be listed on the tax report. From this list, a fleet identification card was mailed to every farmer, enabling them to buy at fleet discounts.

Home of Economy store in Jamestown, North Dakota Home of Economy Jamestown ND1.jpg
Home of Economy store in Jamestown, North Dakota

On December 3, 1987, fire destroyed the store in Grand Forks. The store was back in operation in three separate temporary locations less than a week after the fire began.

Their company's motto is (variously):

Locations

Related Research Articles

<span class="mw-page-title-main">Scouting in North Dakota</span>

Scouting in North Dakota has a long history, from the 1910s to the present day, serving thousands of youth in programs that suit the environment in which they live.

The North Dakota University System (NDUS) is the public system of higher education and policy coordination entity in the U.S. state of North Dakota. The system includes all public institutions in the state including two research universities, four regional universities and five community colleges. Community colleges are termed simply colleges in the NDUS system. This convention is unique in that it is one of the minority of states that follow this terminology. The mission of NDUS is to enhance the quality of life for all those served by the NDUS as well as the economic and social vitality of North Dakota.

The Music of North Dakota has followed general American trends over much of its history, beginning with ragtime and folk music, moving into big band and jazz. With the development of mass media, local artists in North Dakota, as in the rest of the country, saw a rapid loss of opportunity to create, perform, and sell popular music to the regional audience that had previously provided a market. Punk Music is a major genre in the modern youth scene of North Dakota.

<span class="mw-page-title-main">Hugo's</span>

Hugo's Family Marketplace is a family-owned chain of supermarket grocery stores located in the U.S. states of North Dakota and Minnesota. It was founded by Hugo and Dorothy Magnuson in 1939. Hugo's is headquartered in the city of Grand Forks, North Dakota. The chain's stores have been supplied by the Nash Finch Company since 1939. Nash Finch was once headquartered in Grand Forks, but moved to Minneapolis, Minnesota in 1919.

<span class="mw-page-title-main">2012 United States Senate election in North Dakota</span>

The 2012 United States Senate election in North Dakota took place on November 6, 2012, concurrently with the 2012 U.S. presidential election, other United States Senate elections, United States House of Representatives elections, and various state and local elections. Incumbent Democratic-NPL Senator Kent Conrad decided to retire instead of running for reelection to a fifth term.

<span class="mw-page-title-main">North Dakota Army National Guard</span> Component of the US Army and military of the U.S. state of North Dakota

The North Dakota Army National Guard is headquartered at the Fraine Barracks in Bismarck, North Dakota, and consists of the 68th Troop Command, headquartered in Bismarck, and the 141st Maneuver Enhancement Brigade, headquartered in Fargo, North Dakota. Their main installation and armory is at Camp Grafton.

The Bison Radio Network, known as the Peterson Farms Seed Bison Radio Network for sponsorship reasons, is a series of 22 radio stations that broadcast North Dakota State Bison Athletics to the United States and Canada: North Dakota, Minnesota, Montana, Nebraska, South Dakota, Saskatchewan, and Manitoba over the air, and around the world via online streaming.

<span class="mw-page-title-main">2010 United States Senate election in North Dakota</span> Election in North Dakota

The 2010 United States Senate election in North Dakota took place on November 2, 2010, alongside other elections to the United States Senate in other states as well as elections to the United States House of Representatives and various state and local elections. Incumbent Democratic Senator Byron Dorgan announced in January 2010 that he would not seek reelection, leading to the first open seat election since 1992. Governor John Hoeven won the seat in a landslide, taking 76.1% of the vote, sweeping every county in the state, and becoming North Dakota's first Republican senator since 1987. Hoeven's 54 point margin of victory was a dramatic and historic shift from the previous election for this seat, when Dorgan won reelection in a 36 point landslide and himself swept every county in the state.

<span class="mw-page-title-main">U.S. Route 2 in North Dakota</span> Section of U.S. Highway in North Dakota, United States

U.S. Highway 2 (US 2) is a 358.090-mile-long (576.290 km) United States Numbered Highway in North Dakota, which runs from the Montana state line east to the Red River at Grand Forks. The route connects the cities of Williston, Minot, and Grand Forks. Of the 358 miles (576 km) of US 2 in North Dakota, all but the westernmost 12 miles (19 km) have four lanes.

<span class="mw-page-title-main">JLG Architects</span> Architecture firm

JLG Architects is an architecture firm that specializes in urban design, master planning and architectural design for sports/recreation facilities, universities, K-12 schools, aviation facilities, medical centers, and mixed-use/multi-family housing. JLG has offices in Minneapolis, St. Cloud, and Alexandria, Minnesota, and Grand Forks, Bismarck, Minot, Williston, and Fargo, North Dakota, Rapid City and Sioux Falls, South Dakota, and Boston, Massachusetts.

<span class="mw-page-title-main">2010 United States House of Representatives election in North Dakota</span>

The 2010 House election in North Dakota took place on November 2, 2010 to elect the state's at-large Representative to the United States House of Representatives. Representatives are elected for two-year terms; this election was for the 112th Congress from January 3, 2011 until January 3, 2013. North Dakota has one seat in the House, apportioned according to the 2000 United States census.

The North Dakota High School Boys Hockey program is a high school ice hockey program in the State of North Dakota. The first boys hockey competition took place in 1966-1967 and was won by Grand Forks Central High School.

<span class="mw-page-title-main">Aviation in North Dakota</span>

Aviation in North Dakota takes place around the state's 89 public airfields, including 8 commercial airports. Notable North Dakota aviators include Carl Ben Eielson, Bruce Peterson, and James Buchli.

<span class="mw-page-title-main">Bomgaars</span> American farm/ranch supply store

Bomgaars Supply Inc. is a retail chain of farm and ranch supply stores headquartered in Sioux City, Iowa. Bomgaars serves the Midwest, High Plains, and Rockies with stores in Iowa, Minnesota, Nebraska, Oklahoma, South Dakota, Wyoming, Colorado, Kansas, Idaho, Ohio, Indiana, Missouri and Texas. It is operated by the Bomgaars family.

This is a list of protests in North Dakota related to the murder of George Floyd.

References