Financial History Issue 126 (Summer 2018) | Page 33

Profile of Cal Turner, Sr., driving a 1955 Pontiac. Cal enrolled at Vanderbilt University in Nashville in the fall of 1933 to study engi- neering. The only admission requirement was Luther’s ability to pay the tuition. Given their humble beginnings, Luther and Josie were thrilled that their son was earning a college degree, and they bought a house on Villa Place, just a few blocks from the school. My dad played on the freshman basketball team, but he quickly discovered engineering wasn’t for him. School in general didn’t interest him any- more. Business did. After his freshman year, he took what his parents thought was a summer job at Neely Harwell. Then, as fall approached, he broke it to them that he wasn’t going back to school. On the side, my dad opened a store of his own in Dupontonia, a DuPont company town on the Cumberland River north of Nashville. Since he was a good fellow and his prices were right, he felt he deserved people’s business. The locals didn’t see it that way, and it went under. Luther, who was not averse to letting Cal learn some of his lessons the hard way, simply watched from the sidelines. Then, the two of them went back to the business of buying and liquidating the inventories of troubled stores. My dad was dating Laura Katherine Goad, who was a year behind him in high school. She came from a family of lawyers and politicians on one side and business- people on the other. In a social sense, the Goads were above the station of the Turn- ers, no matter how far they had come from that Tennessee farm. The Goads would produce judges and politicians, while the Kemps—her mother’s side—owned a store. But Cal—good-looking, dapper and filled with self-confidence—thought he could accomplish pretty much anything, including winning Laura. He still carried some of the earthiness that went with the family’s rural back- ground, and that wasn’t always an endear- ing trait. Once, when he and Laura broke up for a short time, my dad got a date with her rival, Lattie Miller Graves, the doctor’s daughter. The two of them drove by Laura’s house in his new convertible with the top down and the radio blaring. Fortunately, my mother later decided to take him back, but I’m convinced that if her father hadn’t died when he did—in an automobile accident at the age of 42, when my mother was 18—she would never have married him. The Turners were uneducated farm people who had moved into town, and my guess is that Luther Turner’s young son, Cal, would not have been good enough for Frank Goad’s only daughter. As it was, her joyfulness and free spirit and his charm and confidence made for a great match. One of their favorite pastimes was to drive out to the bridge on Gallatin Road south of town, park the car, turn up the radio and dance, high above the creek below. They married on October 24, 1936. Daddy was as proud of their first child, Laura Josephine, born December 26, 1937, as of anything he’d ever done, and one day he took her into the store and set her lov- ingly atop a display pile of fabric. As the customers gathered around, she wet her- self, soaking both her diaper and the cloth. The Depression hadn’t lifted, but the newlyweds entered a world in which the economic landscape had at least stabi- lized. Unemployment had dropped from nearly 25% in 1933 to 17% in 1939. It was possible to see who had outlasted the storm. Those retailers who remained needed goods, and it was my dad who had the idea of going into wholesaling. At 24, he had learned his father’s lessons well and had saved $5,000—equivalent to nearly $90,000 today. He knew he needed more, so he asked Luther for $5,000 as well. The building that had been offered for sale in Scottsville would be a great location, the price was right and Luther said yes. With that, they were in the wholesale business. J.L. Turner and Son began selling to independent retailers in Kentucky and Tennessee. Cal ordered and brought in stock, and he hit the road with his samples on selling trips. By the end of the first year, he had sold $65,000 worth of goods, and they were off and running.  Cal Turner, Jr. grew up in a Scottsville, Kentucky, household where business and family were one. After graduating Vanderbilt University, he served for three years as an officer in the United States Navy before beginning his career at Dollar General. He served as CEO for 37 years, and during his tenure, the number of DG stores rose from 150, with sales of $40 million, to more than 6,000, with sales in excess of $6 billion. This article was excerpted from My Father’s Business: The Small-Town Val- ues That Built Dollar General into a Bil- lion-Dollar Company by Cal Turner, Jr. (Copyright 2018). Used with permission from Center Street, a division of Hachette Book Group, Inc.  www.MoAF.org  |  Summer 2018  |  FINANCIAL HISTORY  31