Which department store, founded in 1858, pioneered the concept of the 'bargain basement' and was the first to introduce price tags on merchandise rather than haggling?

Test your knowledge about the historical evolution of department stores, one of the most significant retail innovations that transformed how products were marketed and sold. Department stores revolutionized the shopping experience by bringing multiple product categories under one roof and introducing novel merchandising concepts that continue to influence retail strategy today. How well do you know the origins of this retail transformation?

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