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Today, while reading The Mature Mind: The Positive
Power of the Aging Brain by Gene Cohen, MD,
PhD (one of myriad books on positive aging I peruse both for client projects
and personal interest) I was astonished to discover, in a section on late-life
philanthropy, that the founder of the Dexter Shoe Company, Henry Alfond, was the
author's wife's great-uncle! Alfond is also credited with creating the first
factory outlet store. Originally intended to sell "factory seconds,"
or slightly damaged goods that could not be sold at retail, Alfond soon
expanded the outlet concept to include first quality merchandise from previous
seasons. Other retailers began mimicking his model, and soon factory outlet
stores sprang up across the country. From there, it was a small leap to factory
outlet malls.
Unfortunately, in 1993, a year shy of his 80th
birthday, Alfond sold the company to one of its many suitors, Berkshire
Hathaway; eight years later, Warren Buffet folded Dexter and its affiliates
into another business. Hence, the demise of my favorite shoe company and outlet
store. (Buffet later admitted this was "the worst deal I've made.")
Coda: when I
learned my consigned Dexters had not sold as of this morning, I opted to keep
them and enjoy one final romp in Dexxies, for however long they may last. These
boots were made for walkin', and that's just what they'll do…
So keep your mind and heart open to unexpected connections
in unimagined places; when they find you, it engenders a cozy feeling of
all-one — which of course we are.
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