ClubZ

It All Began With a Crate of Pocket Watches

January 20, 2018 10:46 pm0 commentsViews: 24
Share Button

The origin story of a great American company…

If you were in the market for a watch in 1880, would you know where to get one? You would go to a store, right?

Well, of course you could do that, but if you wanted one that was cheaper and a bit better than most of the store watches, you went to the train station!

Sound a bit funny? Well, for about 500 towns across the northern United States, that’s where the best watches were found.

Why were the best watches found at the train station? The railroad company wasn’t selling the watches. The telegraph operator was.

Most of the time the telegraph operator was located in the railroad station because the telegraph lines followed the railroad tracks from town to town. It was usually the shortest distance and the right-of-way had already been secured for the rail line.

Most of the station agents were also skilled telegraph operators and it was the primary way they communicated with the railroad. They would know when trains left the previous station and when they were due at their next station.

And it was the telegraph operator who had the watches. As a matter of fact, they sold more of them than almost all the stores combined for a period of about 9 years.

This was all arranged by a man named Richard, who was a telegraph operator himself.  He had come from a wealthy family but lost his fortune through reckless investing. He was on duty in the North Redwood, Minnesota train station one day when a load of watches arrived from the East. It was a huge crate of pocket watches. No one ever came to claim them.

Pocket-WatchRichard sent a telegram to the manufacturer and asked them what they wanted to do with the watches. The manufacturer didn’t want to pay the freight back, so they wired Richard to see if he could sell them.

So Richard did. He sent a wire to every agent in the system asking them if they wanted a cheap, but good, pocket watch.  He sold the entire case in less than two days and at a handsome profit.

That started it all. He ordered more watches from the watch company and encouraged the telegraph operators to set up a display case in the station offering high quality watches for a cheap price to all the travelers. It didn’t take long for the word to spread and, before long, people other than travelers came to the train station to buy watches.

Richard became so busy that he had to hire a professional watch repairman to help him with the orders. That man’s name was Alvah.

And the rest is history, as they say.

Richard and Alvah left the train station and moved their company to Chicago —and it’s still there. The business took off and soon expanded, selling diamonds and jewelry as well as many other lines of dry goods. Their mail-order catalog became a staple of American households.

Yes, it’s a little know fact in American business history that for a while in the 1880’s, the biggest watch retailer in the country was at the train station.

It all started with a telegraph operator named Richard Sears and his partner Alvah Roebuck!

And that’s how Sears & Roebuck got started. They became the largest retail operation in America, and stayed that way for over 100 years—until Walmart surpassed them in 1989.

Bet you didn’t know that! OK, maybe you did but I sure didn’t! ■

 

—Sent in by Beth & Allen W., Leader Readers / Lower Makefield

 

Comments

comments