Which U.S. President owned a failed retail business before entering politics that resulted in significant personal debt?

Before entering politics, some U.S. presidents had surprising connections to the retail and consumer product world. Their business backgrounds shaped their economic policies and approach to governance. Test your knowledge about the intersection of retail entrepreneurship and political leadership in American history!

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Abraham Lincoln (co-owned a general store that went bankrupt)
Theodore Roosevelt (invested in a chain of Western clothing emporiums)
Woodrow Wilson (operated struggling bookstores near universities)
Harry Truman (ran a men's clothing store that closed during the Great Depression)