L. K. Sharpe Jr. came to Checotah from Mississippi in 1913. After a short time, he became a partner in the Brumley and Sharpe Dry Goods Store.
In 1920 Walter Brumley sold his interest in the store and it became known as Sharpe Stores. In 1931 L. K. bought half interest in a Stigler store. The chain expanded with stores in Madill, Holdenville, Seminole and Ardmore.
L. K. was active in several civil organizations in Checotah. He was a recipient of the Silver Beaver award and was district chairman of the Boy Scouts. He was a Mayor of Checotah, President of the American Retail Association, and a member of the Checotah State Chamber of Commerce.
In his stores he said: "If an item doesn't move, we reduce the price and get rid of it. We sometimes buy out stores that we know are closing and offer the merchandise at closeout prices - either in our stores or in stores that have closed. We sell every item to the last penney. We just reduce the price until every item is gone. That has become a good business for us."
L. K. Sharpe Jr. came to Checotah from Mississippi in 1913. After a short time, he became a partner in the Brumley and Sharpe Dry Goods Store.
In 1920 Walter Brumley sold his interest in the store and it became known as Sharpe Stores. In 1931 L. K. bought half interest in a Stigler store. The chain expanded with stores in Madill, Holdenville, Seminole and Ardmore.
L. K. was active in several civil organizations in Checotah. He was a recipient of the Silver Beaver award and was district chairman of the Boy Scouts. He was a Mayor of Checotah, President of the American Retail Association, and a member of the Checotah State Chamber of Commerce.
In his stores he said: "If an item doesn't move, we reduce the price and get rid of it. We sometimes buy out stores that we know are closing and offer the merchandise at closeout prices - either in our stores or in stores that have closed. We sell every item to the last penney. We just reduce the price until every item is gone. That has become a good business for us."
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