Carl and Jack Cole, born Carl Collofsky and Isadore Collofsky, were American brothers who created the successful bookstore chainColes as well as the world-famous publication Coles Notes. Carl and Jack made Coles the largest bookstore chain in Canada in the mid- to late-20th century.
Jack joined the Royal Canadian Air Force upon Canada's entry into War. Due to his limited formal education, Jack started as a private, but within six months was promoted to a captain and stationed in England. At the same time, brother Carl ran the bookstore, which was thriving in Canada.
1950s and 1960s
In 1958, Jack and Carl sold the American rights to Coles Notes to Cliff Hillegas, who published the books under the Cliff's Notes moniker. By 1960, Coles Notes sales peaked when baby boomers were beginning to attend high school. At their peak, there were over 120 titles, mostly dealing with English novels, but they also had numerous other subjects, including languages, mathematics, and physics.
1970s
On June 7, 1972, the brothers took Coles Bookstore public, with Jack and Carl still retaining control over the business. At the time, Coles Bookstore had over 200 stores operating across Canada. Beginning in 1973, Jack and Carl opened over 50 stores in the United States, but this venture was not very successful. In 1987 Southam Inc. sold the remaining 52 stores to Waldenbooks. In 1978, Jack and Carl sold their interest in Coles Bookstore to Southam Press for a reported C$34 million. Jack remained as president of the company until the early 1980s.
In 1980, Jack opened the World's Biggest Bookstore at the site of a former bowling alley. At the time, it was the largest bookstore in the world at. It was located in downtown Toronto on Edward Street. Although the business is owned by Indigo Books and Music, the building is owned by the Cole family. On June 20, 2012, Stuart Smith of CBRE Commercial Real Estate Services announced the lease on the store's building, which was set to expire at the end of 2013, would not be renewed by Indigo Books and Music. In March 2014 the World's Biggest Bookstore officially closed.
Family life
Jack Cole and his wife Esther had four children, David, Norma, Jeff and Linda. Carl and his wife Pearl had two children, Ted and Bruce.
