Eaton's in the context of "Toronto Eaton Centre"

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⭐ Core Definition: Eaton's

The T. Eaton Company Limited, later known as Eaton's, was a Canadian department store chain that was once the largest in the country. It was founded in 1869 in Toronto by Timothy Eaton, an immigrant from what is now Northern Ireland. Eaton's grew to become a retail and social institution in Canada, with stores across the country, buying-offices around the globe, and a mail-order catalog that was found in the homes of most Canadians. A changing economic and retail environment in the late twentieth century, along with mismanagement, culminated in the chain's bankruptcy in 1999.

Eaton's pioneered several retail innovations. In an era when haggling for goods was the norm, the chain proclaimed "We propose to sell our goods for CASH ONLY – In selling goods, to have only one price." In addition, it had the long-standing slogan "Goods Satisfactory or Money Refunded."

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👉 Eaton's in the context of Toronto Eaton Centre

The CF Toronto Eaton Centre, commonly referred to simply as the Eaton Centre, is a shopping mall and office complex in the downtown core of Toronto, Ontario, Canada. It is owned and managed by Cadillac Fairview (CF). It was named after the Eaton's department store chain that once anchored it before the chain went defunct in the late 1990s.

The Toronto Eaton Centre attracts more visitors than any of Toronto's tourist attractions because it sits on top of two subway stations in downtown Toronto and is close to Union Station. It is North America's busiest shopping mall when one counts the daily commuters along with tourist traffic. The mall has over 230 stores and restaurants in 2014.

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