ADMS 1010 Week 7 Retail and Consumers Winter 2013

Jim love adms 1010 11 success 1884 launch of the

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1869 selling from a storefront on Yonge Street in Toronto – selling low priced clothes and goods Jim Love ADMS 1010 10 Disrup>ve Innova>on Three fundamental policies •  Cash only •  One price system – eliminated bargaining •  Guarantee of sa>sfac>on – “Goods sa>sfactory or your money refunded.” Jim Love ADMS 1010 11 Success •  1884 launch of the Eaton’s catalogue •  1884 – first factory in Toronto •  1890’s – buying offices in London and Paris •  Early 20th Century Eaton’s goes na>onal with a store in Winnipeg – home of the Hudson’s Bay Company Jim Love ADMS 1010 12 Further Expansion •  Timothy Eaton died in 1907 and son John Craig Eaton expands –  Factories in Montreal, Winnipeg and Hamilton –  Buying offices in Europe, US and Japan –  Mail order departments in Saskatoon, Regina and Moncton between 1916 and 1919 •  R.Y. Eaton –  Takes over one of the largest corpora>ons in Canada – John Craig’s sons are too young Jim Love ADMS 1010 13 Robert Young Eaton “When you own a business yourself, it is easy to be lenient, to grant larg...
View Full Document

This note was uploaded on 01/29/2014 for the course ADMS 1010 taught by Professor Jurkowski during the Fall '09 term at York University.

Ask a homework question - tutors are online