💥 Read this insightful post from Hacker News 📖 📂 **Category**: 💡 **What You’ll Learn**: Before the 1870s, retail goods rarely carried fixed prices. Instead, haggling was the norm. Customers and store clerks engaged in a song and dance, testing the other’s economic limits. Then, on the eve of the Philadelphia World’s Fair, businessman John Wanamaker transformed an abandoned railroad station into the Grand Depot, one of the first department stores in the United States. At the grand opening, each item in the sprawling store was affixed with a conspicuous label declaring a non-negotiable price. When millions came to the…
