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Ann & Hope: The Original Discounter - Post-Mortar

Ann & Hope was the originator of the modern discount store. Walmart, Kmart, Target — you name any chains, and they all can thank Ann & Hope for their prosperity. The same goes for its founder, the late Martin Chase, who was referred to as "The Father of Discounting" and highly respected by industry titans like Sam Walton. Dubbed the "Granddaddy of all discounters," the rise of Ann & Hope was a meticulously planned affair, and its fall came much too early. Learn the history of this historic company here on Post-Mortar - The Retail History Show. A special thanks to all those who stayed engaged with this channel and kept their hopes up during this recent period of drought. Thank you! - Alex Credits: Main Theme: Branches by DanoSongs https://danosongs.com/ Select Images from Mike Kalasnik, Phillip Pessar, St. Louis Park Historical Society, Donald Trung Quoc Don (Chữ Hán: 徵國單), Jimmy Emerson, DVM, GrayFlannelSuit.net, Pleasant Family Shopping, Pleasant Family Shopping, Rare Historical Photos, Click Americana, City Floral, George Gongora, Bob Daemmrich, Bill Murphy, Bob Breidenbach, William K. Daby, Denise J.R. Bass, and B. Michael Zuckerman Footage of Northwest Plaza (1989) from Vampire Robot Footage of Providence Capitol from Travel Paradise Cashiers image from Marc Berman (Ann & Hope - Warwick, Facebook) Footage of Ann & Hope camera dept. by Squirm114 "A Brand New Start" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/b... "Lobby Time" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/b... "Hedge Your Bets" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/b... 0:00 - Intro 0:55 - Marty Chase: Insistently Innovative 2:49 - ‘Ann & Hope’ Opens, A New Chapter in Retail 7:23 - The Discount Shakeout of the 1970s 9:58 - The 1990 Recession and Northeast Retail Slump 12:38 - A Brief Renaissance 14:10 - Ann & Hope’s Epilogue Videos and images used in this episode belong to their respective owners. Post-Mortar does not hold the copyrights for any material used. Alex Nuelle 2024