At the turn of the century, Henry Goodman immigrated to the United States from the town of Gritsev in the Ukraine.
With a single pushcart, he and his sons began selling rhinestone-studded hair combs on New York's city streets. In 1907, Goody was founded.
Henry Goodman's family business quickly grew beyond their single pushcart.
By 1921, the ever-expanding product line was being sold throughout the Northeast and Midwest under the name H. Goodman & Sons.
Their products achieved national distribution shortly afterward, selling in most national variety stores by the 1920's - including SS Kreege Company, now Kmart.
The company prospered and grew in tandem with the growth of shopping centers, discount stores, and full-service drug and food chains.
Several key acquisitions included Foster Grant, Duray, Opti-Ray Inc., ACE Comb Company and Pretty Neat Products Corp.
In 1980, H. Goodman & Sons officially became known as Goody® Products, Inc., when it became a publicly held corporation.
Henry Goodman's son, Abraham, who was one of the co-founders, financed his college education at New York University through this pushcart business.
After earning a degree in accounting, Abraham continued to build the company throughout his life, including serving as president for more than 50 years.
In 1977, Abraham Goodman retired as chairman and president of Goody Products.
Upon his death in 1981 at the age of 98, a week-long memorial tribute was held at Goody Products in his honor.
In 1993, Goody Products was acquired by the Newell Company, a diversified Illinois-based manufacturing and marketing company which reported $2.1 billion in sales during 1994.
Since that time, Goody has strengthened its position as the leader in the fashion and grooming hair accessory market.
With its corporate office move from Kearny, NJ to Peachtree City, GA in 1995, Goody was able to consolidate its offices in Georgia.
This was advantageous since both manufacturing facilities and its product distribution center were located there.
From a family pushcart business to the world's largest manufacturer of quality brushes, combs and fashion hair accessories, Goody Products draws upon nearly a century of experience to move the company forward into the 21st century and beyond.
Goody® Products, Inc. is a family of brands that provides innovative, trend-forward consumer solutions in styling and personal essentials.
The company’s brands include Goody® and ACE® with a distribution center in Union City, Georgia. Goody® is headquartered in Atlanta, Georgia.
Goody's parent company, Newell Rubbermaid Inc. (NWL: NYSE), manufactures and markets high-volume consumer products. They are sold through discount stores, warehouse clubs, home centers, hardware stores, office superstores as well as drug and food chains.
Its business segments include household products, hardware and home furnishings and office products.
In addition to Goody, Newell Rubbermaid's well-known brands include Rubbermaid, Mirro, Anchor Hocking, Pyrex, EZ Paintr and Rolodex.
Newell Rubbermaid had sales of $6.4 billion in 1999Please follow us on Twitter at: https://Twitter.com/HairBoutique. I look forward to meeting new people from all walks of Twitter and learning from their Tweets.