What makes businesses so proud to display 1987 in their founding stories? Beyond just a year on the calendar, 1987 represents a historical crossroads. This year saw seismic shifts in economics, technology, and geopolitics, a time when companies were forged in the fires of transformation.
There’s a lot of reverence hidden within.
Let’s explore a few stories and revisit history to understand: ‘Why do businesses say since 1987?’.
The Crucible of 1987: More Than Just Black Monday
When the global stock markets plunged on October 19, 1987, it was a wake-up call for economies worldwide. Known as Black Monday, the crash wiped out 22.6% of the Dow Jones Industrial Average daily. For businesses, it wasn’t just a crisis but a test of resilience.
While some companies faltered, others rose from the ashes, recalibrating their strategies to adapt to an uncertain future. Entrepreneurs who founded their businesses in 1987 often emphasize their ability to thrive amidst adversity. Black Monday became a defining moment, symbolizing economic collapse and the determination to rebuild. This resilience resonates with modern consumers who value brands capable of weathering storms and emerging stronger.
The ripple effects of Black Monday extended far beyond the U.S., impacting markets in Europe, Asia, and beyond. Governments and financial institutions reevaluated regulatory frameworks, leading to innovations in risk management and market oversight. For entrepreneurs, this period was both a warning and an opportunity. Many businesses that started in 1987 adopted lean operational models, focusing on sustainability and adaptability to prevent being caught off guard in future crises. It was a year that tested the grit and foresight of leaders who would go on to build lasting legacies. It became one of the reasons behind ‘Why do businesses say since 1987’.
The Rise of Personal Computing
In the world of technology, 1987 was a year of milestones. Microsoft released Windows 2.0, an updated version of its operating system that set the stage for the user-friendly interfaces we take for granted today. Meanwhile, Apple introduced the Macintosh SE, bringing innovative computing to small businesses and homes.
But 1987 wasn’t just about products—it was about vision. Microsoft, Apple, and the nascent Google were defining the ethos of a digital future. The rise of personal computing democratized technology, breaking down barriers and making it accessible to the masses. Businesses established in this era aligned themselves with progress, innovation, and the promise of connectivity.
By 1987, the personal computer was no longer a luxury but a necessity. Small businesses began integrating technology, from accounting software to early digital marketing tools, into their operations. This shift not only increased efficiency but also opened doors to global markets. For tech companies like Microsoft and Apple, 1987 was a launching pad for innovations that would dominate the 1990s. The emergence of personal computing redefined how businesses interacted with customers, making it a foundational year for brands to align themselves with technology's transformative power.
A brand's slogan, "Since 1987," evokes this spirit of transformation. It ties its identity to when technology began shaping the world, promising nostalgia and relevance in today’s tech-driven society.
The Montreal Protocol: A Green Awakening
In 1987, environmental consciousness took a monumental leap forward. The Montreal Protocol, signed on September 16, became a global agreement to phase out substances depleting the ozone layer. At a time when the world was grappling with the consequences of industrialization, this treaty symbolized hope and collective responsibility.
For businesses, this marked the beginning of a shift toward sustainability. Companies founded in 1987 often reflect these values, aligning with an era of environmental awakening. Brands that integrate "Since 1987" into their identity can draw a direct connection to this transformative moment, emphasizing their commitment to sustainability—a value increasingly sought by modern consumers.
Political Shifts and the Twilight of the Cold War
1987 was a turning point in global politics. President Ronald Reagan’s challenge to Mikhail Gorbachev—"Tear down this wall!"—marked the beginning of the end of the Cold War. Later that year, the Intermediate-Range Nuclear Forces Treaty was signed, signaling a commitment to de-escalation.
This period of optimism and renewal provided fertile ground for entrepreneurs. The political climate encouraged global trade and collaboration, allowing businesses to expand across borders. Companies established during this time often reflect the optimism and dynamism of a world transitioning from division to unity. The phrase "Since 1987" carries this spirit, positioning brands as forward-thinking and globally aware.
Beyond Reagan’s call in Berlin and the signing of treaties, 1987 marked a global yearning for peace and collaboration. Businesses founded during this period often adopted these themes in their branding, showcasing themselves as proponents of unity and progress. The fall of barriers between East and West enabled a more unrestricted flow of goods, ideas, and innovations, setting the stage for globalization. Companies highlighting "Since 1987" often embody this optimism, resonating with a world on the brink of unprecedented interconnectivity.
Cultural Icons of 1987
Beyond economics and politics, 1987 was a culturally iconic year. This year, from blockbuster movies like Dirty Dancing and The Princess Bride to the rise of MTV, which shaped a new generation of music lovers, captured the zeitgeist of change and creativity. Businesses can tap into this cultural significance to evoke nostalgia and connect emotionally with their audiences. By aligning with 1987, brands positioned themselves as timeless and active participants in a year that redefined art, entertainment, and self-expression.
The Starbucks Story
Starbuck's story begins in 1971 along the cobblestone streets of Seattle's historic Pike Place Market. The company's first outlet opened there, and it was the first store to offer fresh-roasted coffee beans, teas, and spices from around the world.
Starbuck's name was inspired by Moby Dick's classic tale and evoked the seafaring tradition of early coffee traders. Ten years later, Howard Sculls, a New Yorker, walked through its doors and became enchanted after his first sip of Starbucks coffee. He joined the company in 1982 and went down a different road, leading to another discovery.
During a trip to Milan in 1983, he experienced the finest coffee houses in Italy and returned to Seattle, inspired by the warmth and artistry of coffee culture.
By 1987, Starbucks had switched from brown aprons to green ones and embarked on its next chapter as a coffeehouse. It soon expanded to Chicago, Vancouver, Canada, California, Washington, D.C., and New York.
By 1996, Starbucks had crossed the Pacific and opened its first store in Japan. In 1998, it opened in Europe; in 1999, it opened in China. Over the next two decades, Starbucks welcomed millions of new customers weekly and became well-known throughout thousands of neighborhoods worldwide.
To date, they are always dedicated to their core mission. With every cup of coffee, they spark an interesting conversation in every community, connecting coffee with humans and serving them.
Travelodge Motels - UK’s First Budget Hotel Chain Since 1987
Travelodge is one of the first budget hotel brands to launch in the UK. It started in 1985 and was owned by the TrustHouse Forte. The owner of Travelodge is Goldman Sachs. And today Travelodge is one of the largest budget hotel chains in the UK. It has a well-invested and modernized portfolio of more than 600 hotels and 47,000 bedrooms across Ireland, the UK, and Spain.
The brand was founded in 1939 by Scott King, a building contractor who opened the first travel lodge in San Diego in 1940. As a budget motel chain, it offered very low rates. The motels were located in or near downtown areas, close to local attractions.
In the UK, Charles Forte introduced the brand in the early 1970s. In 1988, the Forte Travelodge chain was created by combining the Little Chef Lodges and Travelodge chains. Travelers continued to grow and opened new hotels throughout Great Britain.
Travelodge continued expanding across the capital and announced plans for two new hotels in its UK expansion on August 16th, 2024. Thus, Travelodge has a vibrant heritage, which is why it's one of the few businesses that has existed since 1987.
Why Do Business Say Since 1987: Real Reasons
If you’ve ever wondered why so many businesses emphasize “Since 1987,” it’s not just a marketing gimmick. The year is unique in history, marked by pivotal events across industries and disciplines. Companies founded in 1987 or those aligning with this iconic year tap into its symbolic value—a blend of resilience, innovation, and cultural relevance.
The reasons businesses choose to highlight this specific year go beyond mere nostalgia. It’s about the legacy and meaning associated with the milestones of that time. Below, we unpack the key reasons why “Since 1987” remains a powerful phrase in branding, one that speaks to trust, credibility, and transformation:
- Symbol of Stability: Highlighting a founding year during a turbulent period signals longevity and reliability to consumers. It assures customers that the brand has stood the test of time, navigating decades of change and emerging stronger.
- Cultural Milestones: 1987 was rich with cultural and technological achievements, offering a nostalgic yet forward-looking brand story. Businesses referencing this year align with a period that reshaped industries and societal norms.
- Economic Recovery: Surviving the challenges of Black Monday adds an aura of resilience and adaptability to a brand. It suggests that the company was forged in adversity, making it more reliable and capable of enduring economic shifts.
- Tech Revolution: Associating with the rise of personal computing aligns businesses with progress and innovation. This connection suggests the brand was born at the dawn of a digital age, ready to adapt to rapid technological advancements.
- Environmental Responsibility: The Montreal Protocol reflects a global commitment to sustainability, aligning brands with green values. Businesses referencing 1987 can emphasize their alignment with the worldwide push for environmental responsibility and long-term ecological impact.
- Political Optimism: The Cold War’s decline symbolizes hope and collaboration, values businesses can integrate into their identity. By tying themselves to this transformative time, brands can convey a message of progress and unity.
- Enduring Relevance: "Since 1987" connects a brand to a transformative period, creating an emotional and historical connection with consumers. It positions the company as a part of a larger narrative, resonating with audiences across generations.
- Marketing Versatility: The year is a powerful storytelling anchor, allowing businesses to highlight milestones and achievements. It offers a timeless appeal, enabling brands to build campaigns celebrating history and future growth.
Conclusion
"Since 1987" isn’t just a phrase—it’s a legacy. Now you know the answer to ‘Why do businesses say since 1987?’.
It tells a story of resilience during economic upheaval, innovation in the face of technological evolution, and responsibility amid environmental awakening. Businesses that embrace this year as their founding point connect with a time of profound transformation. They witness history, adapting and thriving as the world changes.
But beyond the events of 1987, this phrase reflects something timeless: the human capacity to endure, innovate, and build something meaningful whether you’re a small business just starting or an established brand looking to celebrate your roots, "Since 1987," bridges the past and the future, reminding us of the power of beginnings.
Have you been running a business since 1987, brick-and-mortar style? If yes, share your story! If you need help and want to level up, try Spocket to soar sales!