History of the American Department Stores

0 - INTRODUCTION For many years, the development and development of department stores in the United States was not only a commercial enterprise but also a cultural institution. Since its inception, history has many storms and changes, but its main enemies are American lifestyle changes (Whitaker, 2013). As customers' needs and needs change, department stores have tried to meet demand. Some people think that department store declines have continued for the past 50 years (Whitaker, 2013).

The history of Wal-Mart, a chain store in the US discount store, began when we purchased a store from Luther E. Harrison in Bentonville, Arkansas in 1950 and opened Walton's 5 & 10. The Wal-Mart chain was founded in Rogers in 1962, expanded outside the state of Arkansas in 1968, expanded in other parts of the southern United States in the 1980s, and finally in 1995 operated a store in the United States Did. The home store Mohr-Value and the chain store of Kuhn's Big K were also acquired, but the main reason for expansion was the construction of a new shop. The company launched the warehouse club chain Sam's Club in 1983 and launched the first super mall in 1988. Over the twenty years of the 21st century, the chain has grown to over 11,000 stores in 28 countries.

There were four major revolutionaries in the retail history: department stores in the 1860s, supermarkets in the 1930s, discount stores in the 1950s, and warehouse clubs in the 1970s. In department stores, we first offer a variety of goods and services at one location, supermarkets use the concept of self-service for the first time and low-priced retail foods for the first time, discount stores apply to a wider range of products, especially durable goods at discount stores did. Warehouse club showed how to incorporate significantly lower cost and service structure into the retail industry. In the development of the retail industry, these retail formats have spread throughout the retail industry, from traditional high streets to shopping centers outside the city. Another retail revolution is the emergence of chain operation that allows retailers to achieve economies of scale at lower cost than before.