Carl Bennett, Founder of Caldor Discount Stores, Dies at 101

Carl Bennett, Founder of Caldor Discount Stores, Dies at 101

The New York Times-NY·2022-01-11 17:03

Carl Bennett, who transformed an $8,000 investment in a second-floor “Walk-Up-&-Save” store in Port Chester, N.Y., in 1951 into Caldor, the regional discount powerhouse chain that he sold three decades later for $313 million, died on Dec. 23 at his home in Greenwich, Conn. He was 101.

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