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The sign is a subtle joke. The shop is called "Sneed's Feed & Seed", where feed and seed both end in the sound "-eed", thus rhyming with the name of the owner, Sneed. The sign says that the shop was "Formerly Froot's", implying that the two words beginning with "F" and "S" would have ended with "-oot", rhyming with "Froot". So, when Froot owned the shop, it would have been called "Froot's Foot and Soot".