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Frank Winfield Woolworth was an American entrepreneur, the founder of F. W. Woolworth Company, and the operator of variety stores known as "Five-and-Dimes" which featured a selection of low-priced merchandise. He pioneered the now-common practices of buying merchandise directly from manufacturers and fixing the selling prices on items, rather than haggling. He was also the first to use self-service display cases, so that customers could examine what they wanted to buy without the help of a sales clerk.
The F. W. Woolworth Company was a retail company and one of the original pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores follow worldwide today.
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The G.R. Kinney Company was an American manufacturer and retailer of shoes from 1894 until September 16, 1998. Its listing on the New York Stock Exchange, symbol KNN, began in March 1923. The shoe concern was started by George Romanta Kinney whose father ran a general store in rural Candor, New York. The father became indebted and George vowed to repay his indebtedness. In 1894, at the age of 28, he had saved enough to purchase a Lester retail outlet in Waverly, New York. Lester Shoe of Binghamton, New York was the predecessor to the Endicott Johnson Corporation. Kinney succeeded by selling affordably priced shoes to working Americans.
E. P. Charlton & Company, also known as E. P. Charlton Company, E. P. Charlton, or simply Charlton's was an American chain of five and ten cent stores owned by Earle Perry Charlton, which merged with several associated brands to create the F. W. Woolworth Company in 1912.
References
- ↑ Barmash, Isadora (December 13, 1992). "Chain by Chain, Woolworth Reinvents Itself". The New York Times. Retrieved April 3, 2020.
- ↑ "Woolworth to Switch Formats Of Its Accessory Lady Stores". The Wall Street Journal. May 22, 1996. Retrieved April 3, 2020.
- ↑ Chandra, Shobhana (November 3, 1999). "CLAIRE'S STORES BUYS RIVAL AFTERTHOUGHTS". South Florida Sun-Sentinel. Retrieved April 3, 2020.
- ↑ Claire's 2000 Annual Report (PDF). Claire's Stores, Inc. January 29, 2000. pp. 8, 9.
- ↑ "Claire's Stores Third Quarter Sales Up 35%". Claire's Stores, Inc Financial Press Releases. November 16, 2000. Retrieved April 3, 2020.
- ↑ Claire's Stores, Inc Annual Report. Claire's Stores, Inc. February 2, 2002. p. 2.