Ann & Hope ornament 2020
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Description
Double sided ornament. The company was founded in 1953 by Irwin Chase and his father, Martin, opening their first store in an old textile mill in Cumberland. The building and store were named after the Ann and Hope, lost at sea off of Block Island, in 1806.
Sam Walton, founder of Wal-Mart visited the Ann & Hope chain in 1961 and got the idea for his store from it, and Harry Cunningham visited Ann & Hope in the process of preparing to launch the first Kmart store.
July 9, 2020, Ann & Hope has announced it will close all 11 locations of its curtain and bath outlet stores in RI, MA and CT, including its Post Road location, the result of the economic impact of the COVID-19 pandemic.
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