Sidney Applebaum was an accomplished businessman and philanthropist who made tremendous contributions to society. Additionally, he had an abiding love for family – especially his children and grandchildren – whom he dedicated himself completely.
His death took place on 6 August 2016 while surrounded by family. Lorraine, Nancy Rosenberg, Jay Applebaum and Ellen Saffron mourn his departure.
Sidney Applebaum was an innovative businessman and visionary whose leadership style inspired entrepreneurs across the country. Co-founding several companies he was also an influential member of his community for over 60 years.
Oscar and Bertha Applebaum had nine children together; Oscar was second youngest of nine and Bertha the third youngest. Oscar would become involved with his family business by helping his father open up a fruit stand on Seventh Street and St Peter Avenue downtown St Paul with a loan of $65 from himself.
He helped establish a grocery chain which eventually expanded to 30 Twin City locations and one in Duluth; eventually acquired by Dayton-Hudson as one of their top retailers and leading suppliers of fresh foods and groceries.
Though successful in business, he was also known for being an avid reader and supporter of the arts. He served on various boards such as University of Minnesota and Oak Ridge Country Club boards; additionally he donated generously to numerous charities – becoming well known philanthropists along the way.
His passion for the arts was evident through his career as an actor, singer and songwriter; in addition, he was renowned as an avid collector of contemporary works as well as generous philanthropically supporting them.
He was an immensely proud Minnesotan and generous person. A strong believer in giving back, he was an active supporter of the University of Minnesota, United Hospital and Oak Ridge Country Club; also an active member of Rotary Club, Shriners, St Paul Winter Carnival and Olympic Festival.
Sidney was an accomplished business leader with great wealth. However, his health suffered due to age, making walking challenging at times. Although limited mobility forced him into using a walker rather than walking long distances independently. Yet Sidney never stopped working; indeed he became known as an active philanthropist helping many organizations benefitting youth in his community.
Early Years Of Sidney Applebaum
Sidney Applebaum began his career in grocery at an early age. Working alongside his father Oscar on their fruit cart business and later opening up a grocery store of his own.
He assisted his father with stacking soaps, delivering vegetables and rice directly to customers’ homes and forming close ties with employees he employed. Over time he built strong friendships within this industry.
Sidney and his six brothers established Rainbow Foods as an extremely successful venture and made it one of the most well-known stores in Minnesota.
Sidney played an integral part in several ownership transitions and brand development for Rainbow Foods during his time there, working tirelessly and fully dedicated to his business.
His work ethic remained consistent throughout his life and always put people first. He served as an inspirational role model and mentor for those working in the grocery industry and ensured they received adequate training to reach success.
As an entrepreneur, Sidney Applebaum tirelessly worked to enhance the grocery business. His dedication and passion were clear as he strived for its expansion.
Sidney Applebaum co-founded Rainbow Foods grocery stores with two others in 1983 and became their CEO, working tirelessly to make them a success.
He was an influential leader in the grocery industry and widely revered for his generosity. Additionally, he donated his time and expertise to helping other local businesses in need – setting an excellent example for others who desired to start their own companies.
Sidney Applebaum was an incredible family man and passionately cared about both his children and grandchildren, always being present for golf tournaments or dance recitals.
Sidney Applebaum passed away peacefully at age 92 on August 6, 2016 after leading an impressive and fruitful life. His passing left behind many loved ones who mourn his passing deeply.
He deeply appreciated his family and spent his final years mentoring others in the grocery industry. Despite a full personal and professional schedule, he always made time for his children and grandchildren – never missing an baseball game, swim meet, or golf match!
Leadership Style Of Sidney Applebaum
Sidney Applebaum was an esteemed Minnesota grocery store entrepreneur. Known for his unwavering dedication to both his business and community, Sidney was highly generous with people, especially employees. Furthermore, his dedication made his job even more impressive as he always took his time getting things done correctly.
He was very generous to his family and ensured they had everything they needed for happiness and health. In addition, he taught his children all he knew about business.
His leadership style was excellent, helping employees develop their careers. Additionally, he never forgot his parents or brother while working to make his business successful.
As he aged, his health began to deteriorate, forcing him to use a walker to get around. Yet this did not stop him from continuing work – until his death according to Jay Applebaum, his son.
Even with his poor health and inability to walk, he worked diligently on strategies to make his grocery stores successful. He even attempted to form his own chain but failed.
As such, he was recognized by the Minnesota Grocers Association with the “Merchant of the Century” honor in 1997. Additionally, he was highly engaged with his community, serving on multiple boards at places like University of Minnesota, United Hospital, Oak Ridge Country Club, Children’s Cancer Research Fund as well as Shriners and St Paul Rotary.
He took great pride in his business, always prioritizing customer satisfaction with every purchase made – remembering each name when ordering products, as well as birthdays!
Respect was another element of his character; he treated all of his employees kindly, often providing gifts as well. According to his son, this was also his way of showing respect.
Sidney Applebaum will be deeply missed in Minnesota and is widely revered. He served as an example to many and will always be remembered.
Sidney Applebaum’s Innovation
Sidney Applebaum is a respected businessman and philanthropist who has made an immeasurable mark in finance and entrepreneurship. Known for his leadership, generosity, and innovation in his industry, Sidney Applebaum has received multiple honors and awards throughout his career.
Born June 12 1945 in Brooklyn, New York and raised as part of a working-class family. He graduated high school before attending New York University to earn a degree in finance. From there, he worked at several renowned financial firms before eventually becoming CEO of his own hedge fund and also known for his charitable and community services work.
Oscar, Sidney’s father, opened up a small supermarket stand on St. Peter and Seventh Street in Minneapolis in 1924 with hard work and determination – it eventually became successful! Sidney watched his dream become a reality through hard work.
Sidney’s dad worked tirelessly to establish multiple stores in Minneapolis and become a successful businessman, while remaining an active community member and volunteer in Minneapolis/Twin Cities area. He served on multiple boards and participated in many philanthropic organizations.
He came from a very modest background, yet did not let this prevent him from achieving success. Committed to his work and always searching for ways to better it. A well-recognized entrepreneur and innovator, he received several patents for his innovations.
Sidney Applebaum is an incredible leader and an inspiration to others, setting an excellent example of how hard work and dedication can lead to success in any industry.
He is an outstanding financial pioneer with a lasting influence in the finance industry, as well as being a generous philanthropist who has given away millions to various causes and organizations. Furthermore, he is known to champion Israel while actively working toward encouraging tolerance and mutual understanding between all peoples.
Applebaum may not be well known, but his achievements are significant. He has had an immense effect on many in the financial industry as well as making an enormous difference through his philanthropy and inspiring many with his commitment to encouraging innovation and helping those less fortunate than himself.