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This worked so well that Dexter's log-cabin-style outlet stores started appearing on all the heavily traveled roads throughout New England. Other manufacturers caught on to the idea and as Dexter put up new stores, other manufacturers would open their outlets next door. By the 1990s, the Dexter Factory Outlet chain had expanded to over 80 stores.
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
Pay-Less National was founded in 1956 in Topeka, Kansas, by two cousins, Louis and Shaol Pozez, to open self-service stores selling budget footwear. Circa 1962–1963, Volume Shoe company purchased the original Hill Brothers Shoe Company based in Kansas City, Missouri and converted all 25 of their stores to the "Payless" name. In 1971, Volume ...
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Ted Alfond was born to a Jewish family, the son of Dorothy (nee Levine) and Harold Alfond. [1] [2] [3] His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock. [1]
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