Timothy Eaton (March 1834 – 31 January 1907) was an Irish businessman who founded the Eaton's department store, one of the most important retail businesses in Canada's history. Early life and family He was born in Ballymena, County Antrim, Ireland (now Northern Ireland). His parents were Scottish Protestants, John Eaton and Margaret Craig. As a 20-year-old Irish apprentice shopkeeper, Timothy Eaton sailed from Ireland to settle with other family members in southern Ontario, Canada. On 28 May 1862, Eaton married Margaret Wilson Beattie. They had five sons and three daughters. Among the sons were John Craig Eaton and Edward Young Eaton. One of the daughters, Josephine Smyth Eaton, survived the sinking of RMS Lusitania off the Irish coast in 1915. His granddaughter, Iris Burnside, was lost in that sinking. T. Eaton Co. Limited In 1854, he worked for a short time in a haberdashery store in Glen Williams, Ontario. His sister married William Reid; they owned a farm in Georgetown, Ontario, a short distance from Glen Williams. In 1865, with the help of his brothers, Robert and James, Timothy Eaton set up a bakery business in the town of Kirkton, Ontario, which went under after only a few months. Undaunted, he opened a dry goods store in St. Marys, Ontario. In 1869, Eaton purchased an existing dry-goods and haberdashery business at 178 Yonge Street in Toronto. In promoting his new business, Eaton embraced two retail practices that were ground-breaking at the time: first, all goods had one price (no haggling) with no credit given, and second, all purchases came with a money-back guarantee (a practice expressed in what would become the long-standing store slogan of "Goods Satisfactory or Money Refunded"). Starting in 1884, Eaton introduced Canada to the wonders of the mail-order catalogue, reaching thousands of small towns and rural communities with an array of products previously unattainable. In these tiny communities, the arrival of Eaton's catalogue was a major event. More than clothing, furniture, or the latest in kitchen gadgetry, the catalogue offered such practical items as milking machines, in addition to just about every other contraption or new invention desirable. And, when rendered obsolete by the new season's catalogue, it served another important use in the outdoor privy of most every rural home. Eaton spawned a colossal retail empire that his offspring would expand coast to coast, reaching its high point during World War II, when the T.