The Ann & Hope - Curtain & Bath Outlet Internet
store is the latest extension of one of the pioneers of
discount retailing in America. In 1953, Irwin Chase and
his father, Martin, opened their first store in an old
textile mill in Cumberland, Rhode Island. The building
and store were named after a ship, the Ann and Hope, which
was lost at sea off of Block Island, Rhode Island in 1806.
Originally, Martin Chase operated a ribbon manufacturing
business on the third floor of the Ann and Hope building.
When a lower cost ribbon was developed that would later
make the Chase's ribbon style obsolete, the ribbon business
was closed, and the remaining ribbon was sold at a discount
to tenants in the building. Word of mouth quickly spread,
and the Chases added additional lines of merchandise.
The Company was built on the philosophy of buying large
volumes of merchandise, and selling it at a discount.
Since Ann and Hope's prices were very low, they had to
have low operating expenses. As a result, the Chases implemented
several innovations. One of those changes was the use
of central checkouts that are now commonly found in most
discount stores. Another was the use of shopping carts
in a discount store setting.
Today, the second and third generations of Ann and Hope's
founders operate 9 Curtain & Bath stores in 3 New
England states. In addition to these stores the company runs other concepts such as Dollar Outlet and the Garden Outlet. While you may no longer be able to
buy everything from food to stereos to sporting goods
under one roof, each store has an outstanding selection
of products at prices that are the lowest you will find
anywhere. Some things never change!