The Woman's Exchange Movement in the United States dates to 1832, with the establishment of the Philadelphia Ladies' Depository.
[3]: 1 Initially, the exchanges in Philadelphia and New Brunswick appear to have catered for women who had seen better days and had now become self-supporting.
[3]: 3 Many exchanges added tearooms and lunchrooms, which provided more revenue and became fashionable meeting places for upper-class women.
[3]: 95 While almost all the exchanges were unsuccessful as businesses, they nevertheless set high standards for the items they accepted, charging a commission of only 10 percent on sales.
[6] While the Woman's Exchange Movement continued through the twentieth century and some exchanges are still in business, the movement has faded, due to a changing work force, rising rents, and a resistance to high-priced, hand-made merchandise.