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Alexander Turney Stewart (October 12, 1803 – April 10, 1876) was an American entrepreneur who moved to New York and made his multimillion-dollar fortune in the most extensive and lucrative dry goods store in the world.
Apr 9, 2024 · Alexander Turney Stewart (born Oct. 12, 1803, Lisburn, County Antrim, Ire.—died April 10, 1876, New York City) was an American textile merchant whose dry-goods store grew into a giant wholesale and retail business. Stewart came to New York City from Ireland as an adolescent.
Sep 14, 2010 · Alexander Turney Stewart used the funds to open a small dry goods store in New York City. When faced with a financial difficulty he marked all his stock down, put flyers up all over and became famous for selling top quality goods at a wholesale price to all.
Alexander Turney Stewart was a highly successful 19th century Irish-American entrepreneur, a leading retail dry-goods businessman in the USA. Born in Ireland, he moved to the USA as a young man. Considered to be a business genius, he started his business with department stores.
Alexander Turney Stewart, born on October 12, 1803, in Lisburn, Ulster, Ireland, was a visionary American entrepreneur whose business acumen led him to become one of the wealthiest individuals of his time. Initially setting his sights on a career in the Presbyterian ministry, Stewart changed course, moving to New York City in 1823.
May 14, 2018 · In the mid-19th century Alexander Turney Stewart (1803-1876) was America's leading retail dry-goods merchant and an outstanding dry-goods wholesaler. His innovations in merchandising profoundly affected American retail trade. Alexander Stewart was born on Oct. 12, 1803, in Lisburn, County Antrim, Ireland.
Stewart gained prominence as a dry-goods merchant by introducing a policy of one retail price for all customers, with occasional general sales and mark-downs. He was an innovator in advertising, in providing credit and for his policy of accepting returned goods for exchange or cash.