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The range of goods is usually measured in millions of product items, whereas the quantity of brands represented is measured in thousands. The discount amount is 60-65% on average, reaching up to 90% of the initial price of similar products in brand stores of their respective trademarks and multi-brand boutiques. [1] [2]
A major improvement in fuel technology came with the advent of gas. The first gas stoves were developed as early as the 1820s, but these remained isolated experiments. James Sharp patented a gas stove in Northampton, England, in 1826 and opened a gas stove factory in 1836. His invention was marketed by the firm Smith & Philips from 1828.
After the Second World War, production of residential appliances was resumed and the factory ran at near full capacity until 1948 when the delayed demand was satisfied. Employment peaked in the mid-1950s at about 1,200. In the 1950s and 1960s, many advances were made in kitchen ranges.
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The Magic Chef name was so successful as an oven and stove brand that American Stove Company changed its name to Magic Chef, Inc. in 1951. [ 2 ] [ 3 ] [ 4 ] The company remained well known for its gas stoves , but attempts to spread the brand to other household appliances were unsuccessful.
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