what kind of stores are walmart and target
Big-box store Commercially, big-box stores can be broken down into two categories: general merchandise (examples include Walmart and Target), and specialty stores (such as Menards, Barnes & Noble, or Best Buy) which specialize in goods within a specific range, such as hardware, books, or consumer electronics respectively. In the late 20th and early 21st centuries, many traditional retailersâ€”such as Tesco and Praktiker opened stores in the big-box-store format in an effort to compete with big-box chains, which are expanding internationally as their home markets reach maturity.[2]
Retail The modern era of retailing is defined as the period from the industrial revolution to the 21st century.[46] In major cities, the department store emerged in the mid to late 19th century, and permanently reshaped shopping habits, and redefined concepts of service and luxury. The term, "department store" originated in America. In 19th century England, these stores were known as emporia or warehouse shops.[47] A number of major department stores opened across the USA, Britain and Europe from the mid nineteenth century including; Harrod's of London in 1834; Kendall's in Manchester in 1836; Selfridges of London in 1909; Macy's of New York in 1858; Bloomingdale's in 1861; Sak's in 1867; J.C. Penney in 1902; Le Bon Marché of France in 1852 and Galeries Lafayette of France in 1905. Other twentieth century innovations in retailing included chain stores, mail-order, multi-level marketing (pyramid selling or network marketing, c. 1920s), party plans (c. 1930s) and B2C e-commerce (cyber-peddling).[48]