Home > History Fact Finder > Economics and Business - When Did Chain Stores Begin?
Economics and Business - When Did Chain Stores Begin?
When did chain stores begin?
Chain stores are two or more retail stores run by the same company, bearing the same name, and selling the same kinds of merchandise. They originated in 1859 when businessmen George F. Gilman (1830?–1901) and George Huntington Hartford (1833–1917) founded the Great Atlantic & Pacific Tea Company (better known as A & P) grocery stores in New York City. The idea caught on quickly. In 1879 W. P. Woolworth opened its doors and J. C. Penney followed in 1902. Eventually, all kinds of stores moved to the chain store model, selling groceries, apparel, shoes, prescription drugs, books, jewelry, furniture, hardware, and music. By the end of the twentieth century, chain stores were selling about one third of all merchandise in America.
Further Information: Belsic, Laurent. Events That Shook the World of Work. [Online] Available
[The entire page is 197 words long]
Join eNotes
Over 3,500 study guides, question and answer forums, literature criticism, reference content, and much more!
Navigate
-
Systems And Terms
- What is laissez-faire capitalism?
- What is mercantilism?
- Why do economists still regard Adam Smith so highly?
- What is Keynesian economics?
- What were indentured servants?
- What was triangular trade?
- How were finished goods made before the Industrial Revolution?
- When was the New York Stock Exchange founded?
- What is the system of scientific management?
- Who invented the assembly line?
- What is a robber baron?
- What is a Horatio Alger story?
- What was Black Tuesday?
- What was the New Deal?
- Why was the Sherman Anti-Trust Act important?
- What is e-commerce?
- Money
-
Industries
- What was the National Bank Act?
- What is the Federal Reserve?
- How did the American tobacco industry begin?
- What were the Navigation Acts?
- What was the Cumberland Road?
- What was the Pony Express?
- How did the invention of barbed wire change the West?
- When was the biggest gold rush in U.S. history?
- What was the Comstock Lode?
- What is black gold?
- When did diamond mining begin in Africa?
- How did the American textile industry begin?
- How did Eli Whitney happen to invent the cotton gin?
- What was "king cotton"?
- How did the invention of the reaper change America?
- What were bonanza farms?
- How did the American cattle industry get started?
- What is Bessemer process?
- When did chain stores begin?
- When did department stores begin?
- How has the mail-order business changed since the nineteenth century?
- Who was Rosie the Riveter?
- Why was Ford's Model T so important to American history?
- How did plastic revolutionize modern life?
- How long ago was computer giant Microsoft founded?
