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Clothestime
Clothestime was an American discount women's apparel retailer which originally found success in the junior clothing market. Founded by Raymond DeAngelo and John Ortega II in 1974, at its peak, the chain had more than 500 locations across the United States. Their motto was ''"always in fashion, never full price"'', and they typically offered trendy brand-named merchandise at 30 to 70 percent below the retail prices suggested by manufacturers, as well as their own private-label items. Clothestime stores were often located in low-rent strip malls. History During the early 1970s, business partners Raymond DeAngelo and John Ortega II curated clothing items from flea markets, reselling them to retailers in Southern California. By 1974, they shifted to conventional retailing and opened their own store, which they soon developed into a retail chain. In 1983, Clothestime went public, and rapid growth soon followed. They expanded from 98 stores at the time of going public, to 263 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
