Wanamaker Closes Its Department Store Doors Today.(Originated from The Philadelphia Inquirer)

Knight Ridder/Tribune Business News | August 24, 1995| | Copyright

PHILADELPHIA--Aug. 28--John Wanamaker didn't follow trends; he created them. So today, the merchant genius would have been aghast to see his once- proud legacy join the ranks of the department-store departed.

Nearly sixteen years after he opened a men's store on Sixth and Market Streets, Wanamaker invented what he called a "New Kind of Store," the department store -- an idea so novel that 71,106 shoppers came to visit it on its opening day, March 12, 1877.

Today, Wanamakers closes its doors. On Sunday, it will reopen, replaced by another retailer, the May ...

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