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Big Box Retail Boom Essay

582 Words3 Pages

In 1962 - 1980's there was a retail boom in United States that consisted of very large big-box retailers with the ability to drive sales through increased SKU assortment, and inventory depth. This boom had a negative impact on small businesses throughout the United States, and unfortunately many were unable to keep up with the big box retailers, and ultimately close their doors. Big box retailer’s foot prints continued to increase throughout the 70'-80's. Many of these retailers started out in the Midwest, South, and East Coast during the mid-80's and 90's, and several companies moved very aggressively to expand store count, and others took a wait, and see approach in order to stabilize market share. Today many leaders look back on the mistakes …show more content…

T Grant, Woolco, Spiegel, are a few companies that have closed their doors for a variety of reasons. On the bright side several companies weathered the storm and continued to grow, and prosper during some of the worst of times specifically during 2008. Walmart, Target, Kohl's, Sears, Bed & Bath, TJ Maxx, Marshall, Family Dollar, Dollar General, Macy's, Staples, Whole Food, BJ, Amazon, Home Depot, Walgreens, CVS, and Apple are companies that appeared to have successfully created a business model that allowed their companies to effectively maneuver through the 20TH century, and put them in a stronger position to be successful in the 21st. During the earlier years 1962-1980's there were several success stories of retailers that opened during that period of time, and they continue to have a major impact today in this challenging retail environment. Many of these companies have already begun to operated outside of United States such as Target Walmart, Cosco, and Aldi just to name a

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