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Playtex was founded in 1947 as one of four divisions into which ILC re-organized. [2] Its name was a portmanteau of "play" and "latex", reflecting its focus on latex products. [3] Playtex's marketing in the post-war era was influential in creating the shift from custom-tailored undergarments to manufactured sizes.
But there's one constant among the deals our AOL readers can't stop shopping: Walmart. And lucky for you, even though Cyber Monday is technically over, Walmart's kept some of the savings alive.
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By 1988, Wal-Mart was the most profitable retailer in the United States, [7] though it did not outsell K-Mart and Sears in terms of value of items purchased until late 1990 or early 1991. By 1988, Walmart was operating in 27 states, having expanded into Arizona, Michigan, Ohio, West Virginia, New Jersey, and Wyoming.
As the Supercenter proved to be a much more profitable experiment, Walmart renamed the stores "Wal-Mart's Hypermart USA" in April 1990, and eventually began either converting them to Supercenter operations or closing them. As of 2023, two of the former Hypermart USA locations still operate as Walmarts while the other two have been demolished.
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