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Storytime Tapestry Newsletter The newsletter devoted to
spreading love and cultural awareness around the world. Famous People Column – An
open Column for all writers February 22nd. –
presented by Hart Dowd It was on this date in 1879 that
Frank Woolworth opened a variety department store in Two terms long associated with
five-and-ten caught our linguistic
eye: sundries and trinkets.
Sundries, meaning “miscellaneous small articles, details, or items,:
has its roots in a Middle English adjective meaning “different for each.” Since the 13th century, the
adjective sundry has been used to
mean “miscellaneous, various;” the plural known sundries is an 18th century coinage. Five-and-dimes stock more than sundries; they’re also the place
shoppers turn to for trinkets. A trinket is a trifle, or “a thing of little value.” That word date back to the mid-16th
century, and it has plenty of synonyms, ranging from the now-archaic trangam to the British dialectal trantlam to the more common dido, doodad, and whinwham. But the real big money lay in tending to masses of low
and middle class consumers, who benefited from the raising purchasing power,
the industrial revolution brought. Recognizing that whereas prime locations
were difficult to find and increasingly expensive in large cities, shrewd
merchants decentralized the concept of department stores and established their
bargaining power by operating chains of stores in smaller cities. The concept
was brought further by the “Nickel and Dime” or “5 and 10 cents” store moguls,
whose leading figure was Frank Winfield Woolworth. Working in loose association
with a number of friendly rivals, including his brother Charles and their
cousin Seymour Horace Knox, he built a chain of over 300 stores until 1912,
when he merged them with the other associates’ firms to form the $65 million
F.W. Woolworth Company. His archrival Sebastian S. Kresge built an equally
impressive empire of chain stores. Frank W. Woolworth, pioneer of the five and dime
stores Frank W. Woolworth had a keen eye for business. The
forerunner of the clearance table today--was quick to realize that a store of
nothing but nickel priced merchandise would attract the frugal housewives. Frank Woolworth was born in 1852 in the state of Frank followed in line. After graduation at the age of
sixteen, he worked fulltime on the family farm. But he dreamed of indoor work.
Frank Woolworth wanted to be a merchant. That's exactly what he became, even if it meant
working the first three months without pay. He started with Augsbury &
Moore, a leading drygoods sore, as low-man on the totem pole, sweeping floors,
cleaning up. Over the next six years he worked his way up to clerk, ten dollars
a week, a lovely Canadian wife, a four-acre farm and the birth of his first
child. And a new fad started--the five-cent table, a
forerunner of a clearance table. Merchants would take their leftover
merchandise and mark it down to a nickel. Then it would go on the five-cent
table. Housewives would snatch up the bargains, and end up buying
regularly-priced merchandise as well. Eventually the fad died down. But Frank believed the
idea could flourish. What if there were a store that sold nothing but five-cent
merchandise?
Hartson S. Dowd |
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| << February22, 2007 - Carol's Corner - The Publisher's Personal Column |
February23, 2007 - Beyond The Mirror - A Bill Allin Friday Column >> |
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