Shopping used to be adversarial. Shoppers and store owners would bargain and haggle over prices. What one person got for $1, the next guy bought for £1.25. And there were no returns. It was unfair and stressful - and made shoppers distrustful that they were getting a good deal. John Wanamaker changed all that.
Wanamaker thought about being a preacher before setting up as a clothes merchant. So he built a retail empire built on fairness and trust. Price tags appeared in his stores - promising everyone would pay the same. And if you weren't happy - you could return your purchase. This was so unusual that Wanamaker even won the praise of a US President.
AND to see Joseph Monroe Bennett's magnificent moustache for yourself go to: https://archives.upenn.edu/exhibits/penn-people/biography/joseph-monroe-bennett/
Write to us at businesshistory@pushkin.fm

The Boy Scout Who Brought us the Age of Disruption
40:42

Ida Tarbell: The "Muckraker" Who Beat John D Rockefeller and Big Oil
46:26

"Time is Money": How Ben Franklin's Sayings Created American Capitalism and Grind Culture
44:06