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F. W. Woolworth Company
The F. W. Woolworth Company (often referred to as Woolworth's or simply Woolworth) was a retail company and one of the 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. The first Woolworth store was opened by Frank Winfield Woolworth on February 22, 1879, as "Woolworth's Great Five Cent Store" in Utica, New York. Though it initially appeared to be successful, the store soon failed. When Woolworth searched for a new location, a friend suggested Lancaster, Pennsylvania. Using the sign from the Utica store, Woolworth opened his first successful "Woolworth's Great Five Cent Store" on June 21, 1879, in Lancaster. He brought his brother, Charles Sumner Woolworth, into the business. The two Woolworth brothers pioneered and developed merchandising, direct purchasing, sales, and customer service practices commonly used today. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolworth Building
The Woolworth Building is a residential building and early skyscraper at 233 Broadway (Manhattan), Broadway in the Tribeca neighborhood of Lower Manhattan in New York City. Designed by Cass Gilbert, it was the tallest building in the world from 1913 to 1929, and it remains one of the List of tallest buildings in the United States, United States' 100 tallest buildings . The Woolworth Building is bounded by Broadway and City Hall Park to its east, Park Place to its north, and Barclay Street to its south. It consists of a 30-story base topped by a 30-story tower. Its facade is mostly clad with architectural terracotta, though the lower portions are limestone, and it features thousands of windows. The ornate lobby contains various sculptures, mosaics, and architectural touches. The structure was designed with several amenities and attractions, including a now-closed observatory on the 57th floor and a private swimming pool in the basement. Frank Winfield Woolworth, F. W. Woolwor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolco
Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At its peak, Woolco had hundreds of stores in the US, as well as in Canada and the United Kingdom. While the American stores were closed in 1983, the chain remained active in Canada until it was sold in 1994 to rival Walmart, which was looking to enter the Canadian market. All of the former UK Woolco stores were sold by Kingfisher, which had bought the UK Woolworth business, to Gateway which subsequently sold them to Asda. History Creation The creation of Woolco coincided with the expansion of suburbia. Woolworth's flagship stores were still doing well, but the company wanted to tap into the growing discount department store market without diluting its dominant position in the variety store business. The first Woolco store was located in Col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fixed Price
A fixed price is a price designated for a good or a service that is neither subject to bargaining nor bartering. The price may be fixed since the seller has placed it, or given that the price is managed by the authorities under price regulation. Fixed prices may also refer to swaps whereby payments are determined upon a never-ending interest rate, if not referring to negotiated price points that aren't amendable under regular situations. These also extend towards fixed-price contracts, whereas the price is not permitted to fluctuate unless there are premeditated mitigating situations; The equivalents of these, by definition, are cost-plus contracts, where the contractor-originating costs are managed, likewise with additional revenue subsidies issued. Bargaining is very common in many parts of the world, primarily in the Middle East, Africa as well as Asia but not in most retail stores in Europe, North America, and Japan. Elsewhere, fixed prices tend to be an exception fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discounts And Allowances
Discounts are reductions applied to the basic sale price of goods or services. Allowances against price may have a similar effect Discounting practices operate within both business-to-business and business-to-consumer contexts.Iyengar, R. and Jedidi, K.A Conjoint Model of Quantity Discounts ''Marketing Science'', Volume. 31, No. 2, March–April 2012, pp 334-350, , accessed on 21 January 2025 Discounts can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or a quoted price specific to a potential buyer, often given in written form. There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenhams
Debenhams plc was a British department store chain that operated in the United Kingdom, Ireland and Denmark, as well as franchised locations across Europe and the Asia Pacific. The company was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of potential rescue talks with JD Sports and Frasers Group. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus
Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of islands in the Mediterranean, third largest and third most populous island in the Mediterranean, after Sicily and Sardinia. It is located southeast of Greece, south of Turkey, west of Syria and Lebanon, northwest of Israel and Palestine, and north of Egypt. Its capital and largest city is Nicosia. Cyprus hosts the British Overseas Territories, British military bases Akrotiri and Dhekelia, whilst the northeast portion of the island is ''de facto'' governed by the self-declared Northern Cyprus, Turkish Republic of Northern Cyprus, which is separated from the Republic of Cyprus by the United Nations Buffer Zone in Cyprus, United Nations Buffer Zone. Cyprus was first settled by hunter-gatherers around 13,000 years ago, with farming communities em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marks & Spencer
Marks and Spencer plc (commonly abbreviated to M&S and colloquially known as Marks & Sparks or simply Marks) is a major British multinational retailer based in London, England, that specialises in selling clothing, beauty products, home products and food products. It is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. M&S was founded in 1884 by Michael Marks and Thomas Spencer (businessman), Thomas Spencer in Leeds. Through its television advertising it asserts the exclusive nature and luxury of its food and beverages. It also offers an online food delivery service through a joint venture with Ocado. In 1980, M&S became the first British supermarket chain to sell packaged sandwiches. In 1998, M&S became the first British retailer to make a pre-tax profit of over £1 billion, although it then went into a sudden slump taking the company and its stakeholders by surprise. In November 2008 the company began to sell branded goods such as Kel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolworths Holdings Limited
Woolworths (officially Woolworths Holdings Limited, and commonly referred to as Woolies) is a South African multinational retail company, headquartered in Cape Town. The company owns the South African luxury department and grocery store chain, Woolworths, and the Australian retailer Country Road. The South African division of Woolworths comprises luxury goods retail, including fashion, homeware, and beauty products, with many stores incorporating a premium food retail offering. Stand-alone food stores and “Food Stops” attached to Engen petrol stations, are located in urban areas across South Africa. Founded in Cape Town, in 1931, Woolworths operates 218 full-line stores and 430 stand-alone food stores in South Africa, as well as 64 stores across the rest of Africa. The company sells clothing and accessories under several brands, including Studio W, RE:, and Edition, while also representing the Group’s Australian brands, including Country Road, Witchery, and Trenery. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolworths Group (Australia)
Woolworths Group Limited is an Australian Multinational corporation, multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths (previously known as Countdown (supermarket), Countdown) in New Zealand and its discount department store Big W. Headquartered in Bella Vista, New South Wales, Bella Vista, Sydney, it is the largest company in Australia by revenue and number of employees, and the second-largest in New Zealand. Founded in Sydney in 1924 as variety store, variety retailer Woolworths Limited, the company entered the New Zealand market in 1929 and has traded in every Australian States and territories of Australia, state and territory since 1960. Woolworths experienced steady growth throughout the 20th century and began to diversify its business, closing the last of its variety stores in the 1980s to focus on its portfolio of other retail brands. Since 2012, Woolworths has undergone si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venator Group
Foot Locker, Inc. is an American multinational corporation, multinational retailer of footwear, sportswear, Hip-hop fashion, urban youth apparel and accessories headquartered in Midtown Manhattan, Midtown Manhattan, New York City, and operating in over 40 countries. Although established in 1974, and founded as a separate company in 1988, Foot Locker's roots date to 1879, as it is a successor corporation to the F. W. Woolworth Company (“Woolworth's”), which changed its name to Foot Locker in 2001, as many of its freestanding stores were Kinney Shoes and Woolworth's locations. The company operates the eponymous “Foot Locker” chain of athletic footwear retail outlets (along with “Kids Foot Locker” and “Lady Foot Locker” stores), and other athletic-based divisions including Champs Sports, Footaction USA, House of Hoops, and Eastbay, Eastbay/Footlocker.com, which owns the rights tFinal-Score The company is also famous for its employees' uniforms at its flagship Foot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merchandising
Merchandising is any practice which contributes to the sale of Product (business), products ("merch" colloquially) to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products. In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time. Often in a retail setting, creatively tying in related products or accessories is a great way to entice consumers to purchase more. Merchandising helps to understand the ordinary dating notation for the terms of payment of an invoice. Codified discounting solves pricing problems including markups and markdowns. It helps to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
