CHAIN STORES
AND OLD CHINESE CUSTOM. The fight against chain stores will probably fail because, like the poor, we have had them with us always. This is made clear in the researches of Professor Theodore N. Beckman and Herman C. Nolen, of Ohio State University, says the “New York Times.” Naturally, the Chinese, who invented everything from gunpowder to printing, were first in the field. A Chinese business man had the notion as long ago as 200 B.C. and ran a chain of many units. But apparently they were also doing pretty well in the classical world at an early date. When Mount Vesuvius buried the suburban town of Pompeii in A-D. 79 the ashes preserved a poster which advertised for lease a property consisting of 900 retail shops. During the Renaissance the Medicis and the Fuggers both operated chain banks. In America, say the professors, the chain store idea was first introduced by the Hudson Bay Company some time prior to 1750.
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Wairarapa Times-Age, 20 May 1938, Page 4
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163CHAIN STORES Wairarapa Times-Age, 20 May 1938, Page 4
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