This image released by Time Magazine, Thursday, June 7, 2012, shows the cover for Time magazine's July 6, 1962 issue, featuring Eugene Ferkauf, the founder of the no-frills retail discount chain E.J.

On a directionless winter weekend, I spotted something that seems to define an era. There, a flight below my kitchen, was a price sticker the size of postage stamp on the cover of an old Herb Alpert ...

When Eugene Ferkauf decided twelve years ago to set up a small discount luggage shop in Manhattan, he tacked the initials of his first name and that of a friend onto the name of the famed Canadian ...

Before the advent of the big-box discount store, there was Eugene Ferkauf. The founder of the E.J. Korvette chain died at his Manhattan home Tuesday at the age of 91, said Yeshiva University, where he ...

To Eugene Ferkauf, founder, controlling stockholder and audacious boss of E. J. Korvette Inc. (TIME cover, July 6, 1962), success as the hero of U.S. discount selling is no bargain. It gives him less ...

NEW YORK (AP) — The founder of the no-frills retail discount chain E.J. Korvette has died in New York. Eugene Ferkauf was 91. Ferkauf died Tuesday at his Manhattan home. His death was announced by ...

NEW YORK—Before the advent of the big box discount store, there was Eugene Ferkauf. The founder of the E.J. Korvette chain died at his Manhattan home Tuesday at the age of 91, said Yeshiva University, ...