Word: woolworths
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Dates: during 1930-1939
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...Columbus, Ohio, Mrs. Minette H. Stahl sued F. W. Woolworth Co. & Donald F. Duncan (top distributors) for $31,304 damages incurred when, during a demonstration, she was hit on the back of the, head by a whirling...
...fired in an economy drive. But the Calder luck came through on schedule-an older salesman retired before Sandy's notice was up and he regained his job. He has justified it ever since, in the beginning by bagging Union's biggest bag account, F. W. Woolworth Co., and lately by lifting the company out of the worst jam in its 68-year history...
...satisfy their need for these and other human necessities people trooped last week into 2,747 F. W. Woolworth stores in Canada (143), England (677), Germany (82) and the U. S. and Cuba (1,845). Yet if the phrase "five & ten" still trips off many a buyer's tongue, the "five & ten" has nonetheless joined the buggy and the speakeasy in the outdated past. From 1879 to 1932 Woolworth sold no single item for more than ten cents. Since 1932 WToolworth's U. S., Canadian and Cuban stores have sold items priced up to 20?, since...
...doing so in 1923 when its earnings reached the giddy peak of $31.84 a share, nor in 1927 when its profits on 1,581 U. S. and Canadian stores averaged $16,805 per store. But when profits per store began to drop in 1928 and Depression accentuated the skid, Woolworth contemplated changes. By 1932 when profits per store were down to $8,093, Woolworth's moved towards higher prices to compete with rival chains which offered a line of merchandise broader in price and quality. This year with profits per store down to $9,580 (1936),* it made another...
...counteract the downward trend of per store profits and to make room for the new goods brought in by higher prices, Woolworth has long contemplated a wholesale modernization of its stores. Last week it announced that it would start at once. To finance the operation, it had sold privately (rumor said to a large life insurance company) $10,000,000 in ten-year, 3% debentures. To start, the famed Woolworth Store No. 1,000, on Fifth Avenue at 40th Street, Manhattan will be abandoned in favor of a 5½-story, air-conditioned, granite and steel store now abuilding...