Word: dement
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Dates: during 1920-1929
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...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 just who is at fault-customer or merchant. Data...