Business: Honest Shoppers

To a sub-convention of the National Retail Dry Goods Association in Chicago last week, President Homer Buckley of Buckley, Dement & Co., Chicago, said: "The theory [that the customer is always right] is sound because 99% of the people are honest. The other 1% takes advantage of the practice and the store may lose on the deal, but the loss is compensated by keeping the others satisfied." Because two years ago 12% of gross volume of department store sales was returned by dissatisfied customers, the University of Pittsburgh is conducting research to learn...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!