Granville Richard Francis Tompkins (15 May 1918 – 6 December 1992) was a British print, advertising and retail entrepreneur, best known for founding the
Green Shield Stamps
Green Shield Stamps was a British sales promotion scheme that rewarded shoppers with stamps that could be used to buy gifts from a catalogue or from any affiliated retailer. The scheme was introduced in 1958 by Richard Tompkins, who had no ...
company, as well as the
Argos chain of
catalogue stores which became one of the largest retailers in the
United Kingdom, and a constituent of the
FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
.
Career
Richard Tompkins was born in
Islington
Islington () is a district in the north of Greater London, England, and part of the London Borough of Islington. It is a mainly residential district of Inner London, extending from Islington's High Street to Highbury Fields, encompassing the ar ...
, north London, and worked as an engineering draughtsman during the
Second World War, before founding his first printing business in 1945.
On holiday in
Chicago in the 1950s, Tompkins witnessed the success of
S&H Green Stamps, and on his return founded the
Green Shield Stamp
Green Shield Stamps was a British sales promotion scheme that rewarded shoppers with stamps that could be used to buy gifts from a catalogue or from any affiliated retailer. The scheme was introduced in 1958 by Richard Tompkins, who had no ...
Trading Company in the
United Kingdom.
In 1973, he adapted the format of his Green Shield catalogue shops, used for redeeming trading stamp books, and founded
Argos, a catalogue store chain that took cash.
Though independent, Argos operations were closely linked to Green Shield Stamps, and Argos was sold in 1979 to
BAT Industries
British American Tobacco plc (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. The company, established in 1902, is headquartered in London, England. As of 2019, it is the large ...
for £35 million.
Tompkins died of cancer in 1992 in
Westminster, a year after the stamps were withdrawn, and the same year he was honoured as a
Commander of the Order of the British Empire (CBE).
References
1918 births
1992 deaths
20th-century British businesspeople
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