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The Michael Berry Show

AM SHOW HR 1 | The Hives Got To Ramon's Boy

The Michael Berry Show

KTRH

News, Politics, Society & Culture

4.82.3K Ratings

🗓️ 10 October 2023

⏱️ 35 minutes

🧾️ Download transcript

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0:00.0

It's that time.

0:05.0

Time.

0:07.0

Lock and load.

0:10.0

The Michael Berry Show is on the air.

0:18.0

Today's Michael Berry Show is sponsored by...

0:22.0

Wolco.

0:24.0

Wolco was an American based discount retail chain that was founded in 1962 in Columbus, Ohio

0:29.0

by the F.W. Woolworth Company.

0:32.0

It was a full-line discount department store, unlike the five-and-dine Woolworth

0:36.0

stores which operated at the same time.

0:38.0

The creation of Wolco coincided with the expansion of suburbia across America.

0:43.0

Woolworth's flagship stores were still doing pretty well, but the company wanted to tap

0:47.0

into the growing discount department store market without deluding its dominant position

0:52.0

in the variety store business.

0:54.0

In 1966, there were 18 locations in the United States, and the company experimented

0:59.0

with both Wolco and a more down-scale merchandising unit called WorthMart in the mid-1960s.

1:05.0

Wolco was the eventual winner with customers, and the WorthMart stores were folded into

1:10.0

Wolco's by the 1970s.

1:12.0

Plans were for 30 stores to be added per year.

1:15.0

This led to tremendous growth as over 300 Wolco's stores opened up across North America

1:21.0

by the mid-1970s.

1:23.0

Most Wolco stores sat at around 100,000 square feet, which really was quite large

...

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