|
|
Did you know that it was exactly 131 years ago today, February 22, 1879 that Mr. Woolworth opened the very first five cent store in New York City? According to an inflation calculator that I found on Google, that five cents would be worth $1.14 today....thus, today we have Dollar Stores.
In 1879, typewriters had been in use for about five years, and they were priced at $125. Guess how much that would be today. $2854! Wow! You could buy a pretty sophisticated computer for just half that amount! (We still sell a few typewriters a year, here at Ionia Office Works, and they sell for around $139.)
Another staple in the office products industry---the lowly lead pencil--- sold for 3 cents in 1879. That converts to 69 cents today---the price of a dozen lead pencils.
So, while none of us likes to see prices creeping upwards, it's good to remember to put things into perspective, and be glad that we're not paying those 1879 prices.
This week, Mary is running a special on business cards. Go online to our website, www.ioniaofficeworks.com to print out a coupon that will save you $10.
As always, thanks for shopping locally! And, if you're driving today---be careful!
Categories: None