Here is the question : WHICH FOOTWEAR BRAND PIONEERED THE SELF-SERVICE STORE MODEL IN 1956?
Here is the option for the question :
- Bakers Footwear
- Hill Brothers
And, the answer for the the question is :
Launched as a small Kansas chain founded by two cousins, Payless’ self-service, open-floor model allowed it to keep prices lower than those of most competitors. Payless was one of the numerous retail businesses that capitalized on the popularity of shopping malls in the 1970s and 1980s. The majority of Payless’s outlets were situated within shopping malls. Following the filing of a bankruptcy petition in 2017, the company, which had formerly operated more than 4,200 outlets, would close any surviving stores in 2019.
Payless ShoeSource is a footwear brand that was founded in 1956 in Topeka, Kansas. The company is known for its affordable and stylish shoes, as well as its pioneering use of the self-service store model, which revolutionized the retail industry.
The self-service store model was first introduced by Payless in the late 1950s, and was a radical departure from the traditional way of selling shoes. Instead of having customers wait for a salesperson to bring them shoes to try on, Payless stores were designed to allow customers to browse the selection of shoes on their own, and to try on and purchase the shoes they liked without assistance.
The self-service model was a game-changer for the retail industry, as it allowed companies like Payless to significantly reduce their labor costs and streamline their operations. It also made it easier for customers to find the shoes they wanted, as they could try on multiple styles and sizes without having to wait for assistance.
Over the years, the self-service model became increasingly popular, and is now the norm in many retail industries. Today, customers expect to be able to browse and purchase products on their own, without the need for assistance from salespeople.
Payless ShoeSource ultimately fell victim to changing consumer habits and economic pressures, and the company filed for bankruptcy in 2019. Today, the legacy of Payless and its pioneering use of the self-service store model is still remembered and celebrated by many in the retail industry.
the self-service store model pioneered by Payless ShoeSource is a significant and memorable part of American retail history. Whether you are a fan of the brand itself, interested in the evolution of retail and marketing, or simply curious about the ways in which businesses have adapted to changing consumer habits, the story of Payless and its self-service model is sure to captivate and inspire.