Story of D. Arnould and Woolworth

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Clipped by choran

Story of D. Arnould and Woolworth - To Be A Failure sense of Wa- people Great were...
To Be A Failure sense of Wa- people Great were Woolworth's tribulations tribulations in the early days with manufacturers who did not want to sell directly to him or whose prices were too high to bring a their goods within his customers' since; range. I One of his victories resulted de-|in bringing candy into the av- within yield erage American home. In 1890 chocolate marshmallow candies sold for the then fabulous price after a long search, Woolworth found a small New York manufacturer manufacturer named D. Arnould, who valiantly lowered his production costs. Woolworth bought 500 pounds and sent 100 pounds to each of five store managers with scales, trays, glass coverings and' complete complete instructions for sanitation The stores received the candy on Saturday. 8-B Sunday, Feb. 21, 1954 was crazy. But the stock sold immediately and by Monday store managers were clamoring for more. Woolworth was in candy business and candy was nearer the average American sweet-tooth. · One of his most trusted and valuable vice presidents died in the cause of seeing that the stores had only the best and freshest candy. Placed in charge of candy purchases, he took the job of sampling, consuming so much sugar in the process that he contracted diabetes. of a dollar a pound--definitely The managers later admitted ,, no^io^o trariB nripp TPinallv I they secretly thought Woolworth carriage trade price. Finally,'they secretly thought

Clipped from
  1. Kingsport Times-News,
  2. 21 Feb 1954, Sun,
  3. Page 16

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  • Story of D. Arnould and Woolworth

    choran – 26 Mar 2013

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