75th Anniversary
75th Anniversary Timeline: Commerce
Highlighting events and milestones through the years that coincide with Texas Co-op Power’s 75 years of publication

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    1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
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    1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
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    1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
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    1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
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    1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
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    1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

Since 1944, the year Texas Co-op Power debuted, the Texas economy has flourished. Sure, Texas produces oil, but we also are major players in computers, coolers and hair care products. 

1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, Academy Sports and Outdoors has more than 250 stores in 16 states.

1946: Texas-based Tote’m Stores changes its name to 7-Eleven to reflect newly extended hours—7 a.m.–11 p.m., seven days a week.

1947: Igloo begins making insulated metal coolers west of Houston to help keep workers hydrated in the oil fields.

  • 1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
  • 1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
  • 1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
  • 1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
  • 1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
  • 1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

1951: A 55-acre site in Hurst, near Fort Worth, is selected for Bell Aircraft Corporation’s helicopter division, Bell Helicopter.

1954: James Avery starts his jewelry business in a two-car garage in Kerrville. There are now 86 stores in five states.

  • 1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
  • 1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
  • 1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
  • 1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
  • 1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
  • 1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

1965: The Astrodome debuts as the first domed stadium ever built.

1965: NorthPark Center in Dallas opens as the largest shopping mall in the country.

1965: Cavender’s opens its first store, then called Cavender and Smith’s, in Pittsburg.

1968: The Tower of the Americas is built—one of the few enduring landmarks of HemisFair ’68, the world’s fair that commemorated the 250th anniversary of San Antonio’s founding.

1972: Half Price Books launches as a secondhand bookshop in an old laundromat in Dallas.

  • 1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
  • 1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
  • 1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
  • 1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
  • 1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
  • 1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

1973: George Zimmer and his college roommates open the first Men’s Wearhouse store in Houston.

1973: USAA unveils its new headquarters in San Antonio. The main building is three-fourths of a mile long.

1978: Felix Stehling founds Taco Cabana in San Antonio.

1980: Landry’s Seafood Restaurant opens in Katy.

  • 1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
  • 1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
  • 1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
  • 1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
  • 1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
  • 1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

1982: JPMorgan Chase Tower, the tallest building in Texas at 75 stories and 1,002 feet, is completed in Houston.

1982: Buc-ee’s, the roadside oases with immaculate bathrooms and endless gas pumps and jerky, debuts in Lake Jackson.

1984: As a pre-med freshman at the University of Texas at Austin, Michael Dell starts his computer business, then called PCs Unlimited.

1986: Oil prices plunge by two-thirds, putting 50,000 Texans out of work within a year.

1997: Bert “Tito” Beveridge of San Antonio creates Tito’s Vodka.

  • 1945: Academy Tire Shop in San Antonio changes its name to Academy Super Surplus. Today, the business known as Academy Sports and Outdoors has more than 250 stores in 16 states.
    IMAGE: Ene | Dreamstime.com
  • 1950: A hamburger stand named Whataburger opens in Corpus Christi, the first of what has grown into a chain of more than 800 restaurants.
    IMAGE: Maraze | Shutterstock.com
  • 1963: Mary Kay Ash, born in Hot Wells, launches her business, now called Mary Kay Cosmetics, in Dallas.
    IMAGE: Graham Bezant | Getty images
  • 1973: The first Michaels store opens, at Northtown Mall in Dallas.
    IMAGE: Kirsty Pargeter | Dreamstime.com
  • 1980: John Paul DeJoria of Austin and Paul Mitchell launch hair care empire John Paul Mitchell Systems.
    IMAGE: Chillim | Shutterstock.com
  • 1997: Alamo Drafthouse Cinema opens its first theater, in Austin. Twenty-five cities, from Raleigh, North Carolina, to San Francisco, now have an Alamo.
    IMAGE: James Steidl | Stock.adobe.com

1999: The Texas Department of Agriculture begins its Go Texan campaign to promote Texas business and agriculture.

2000: Alex Rodriguez signs a 10-year, $250 million deal with the Texas Rangers, then the largest contract in sports history.

2001: Houston energy trading company Enron declares bankruptcy amid rampant accounting fraud, with losses totaling $74 billion. Thousands are put out of work, and retirees and former employees lose $2 billion in retirement accounts.

2001: Texas becomes the top exporting state in the U.S.—a position it has held ever since ($264.1 billion in 2017).

2005: H E B turns 100. The grocery chain operates more than 340 stores in Texas and Mexico with over 100,000 employees. The first store was in Kerrville.

2006: Yeti is founded in Dripping Springs, west of Austin.

2006: The oil and natural gas industry counts more than 312,000 Texans (3.1 percent of the state’s workers) among its workforce.

2017: Texas’ economy adds 298,600 nonfarm jobs—more than any other state—to reach 12.3 million.

2017: Amazon buys Austin-based Whole Foods for $13.7 billion.

2018: Apple announces plans to build a new $1 billion campus in Austin, where it could eventually employ 15,000 people.

2018: In February, Texas oil production jumps to 4.01 million barrels a day, the highest since the U.S. Energy Information Administration started keeping records in 1981.

2018: Forbes reports that the Dallas Cowboys— the most valuable sports franchise in the world—are worth $5 billion.

TAGS: Business, History, TCP 75th Anniversary, Timeline


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