Friday, January 07, 2005

Retail Marketing: school supply stores to close

J.L. Hammett Co., the oldest school supply retailer in the country, is closing most of its brick-and-mortar stores and selling off the rest. The business has been around for 141 years ... they invented the blackboard eraser. The company's retail stores opened in 1974. Oh, the perils of marketing to a government monopoly.

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