500
Name 2 ways that department store owners like Woolworth
changed the practices of stores from earlier eras.
What are:
1) Sold in greater volume and lower prices
2) They offered credit, free delivery, and a set price(no haggling)
3) Woolworth’s priced most of their goods at a dime or under.
4) The low prices tempted customers to buy items they did not need. They gambled that they’d make up their $$$$ in quantity what they lost in higher prices of other stores. It worked. Woolworth’s clerks were so busy taking cash they barely had time to stock the shelves!
5) Expensive items were also brought out to the floor to entice customers of all income brackets.