“When F. W. Woolworth opened his first store, a merchant on thesame street tried to fight the new competition. He hung out a bigsign: "Doing business in this same spot for over fifty years." Thenext day Woolworth also put out a sign. It read: "Established aweek ago: no old stock.”

Peter Hay

Peter Hay - “When F. W. Woolworth opened his first...” 1

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